Afrorave Ltd
12510061
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/03/2020
FOUNDER
SOUTH AFRICAN · UNITED KINGDOM · Age 36
Also on 1 other board
Persons with Significant Control
Miss Latoya Buthelezi
South African · United Kingdom · Age 36
C/O Burton Varley Ltd, Suite 3, 2nd Floor, Manchester, M20 2DW
Notified 11/03/2020
CompanyRankvs 9163+ SIC 90010 peers46
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£125
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
£1k
Working capital
Current Assets
£3k
Current Liabilities
£4k
Fixed Assets
£1k
Debtors
£500
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.70 |
| 2024 | 0.57 |
| 2023 | Infinity |
| 2022 | Infinity |
| 2021 | 1.11 |
Derived from filed accounts. Not audited figures.