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Afk Developments Limited

12682389

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

SUITE B 8TH FLOOR ALBANY HOUSE, BIRMINGHAM, B5 4BD
Incorporated 19/06/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Kaser Ali Bashir

director · Since 19/06/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 4 other boards

Mr Asjid Rasool

director · Since 19/06/2020

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 3 other boards

Mr Faisal Shaffique

director · Since 19/06/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 2 other boards

Persons with Significant Control

Mr Asjid Rasool

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 49

Suite B, 8th Floor Albany House, Birmingham, B5 4BD

Notified 19/06/2020

Mr Faisal Shaffique

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 49

Suite B, 8th Floor Albany House, Birmingham, B5 4BD

Notified 19/06/2020

Mr Kaser Ali Bashir

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 45

Suite B, 8th Floor Albany House, Birmingham, B5 4BD

Notified 19/06/2020

CompanyRankvs 57461+ SIC 41100 peers
39

Financial strength56th percentile among SIC peers · 14/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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57461Afk Developments Limited
38
How is this score calculated?
Financial strength14/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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 30/06/2024

Net Worth

£2k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£655k

Working capital

Current Assets

£42k

Current Liabilities

£698k

Fixed Assets

£660k

0avg. employees

Balance Sheet

Assets less current liabilities£5k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.06+£22k
20230.02+£16k
20220.10-£29k
20210.00—

Derived from filed accounts. Not audited figures.