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African Grocers Limited

12875233

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT A-5 LYNTOWN TRADING ESTATE, LYNWELL ROAD, MANCHESTER, M30 9QG
Incorporated 13/09/2020

Compliance

Last accounts

30/09/2024

unaudited abridged

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 07/09/2025

Due 21/09/2026

On track

Industry

46370
Wholesale of coffee, tea, cocoa and spices
46380
Wholesale of other food, including fish, crustaceans and molluscs
46390
Non-specialised wholesale of food, beverages and tobacco
47230
Retail sale of fish, crustaceans and molluscs in specialised stores

Officers

Mr Jatinder Singh

director · Since 06/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr Jatinder Singh

75–100% shares
75–100% votes
Appoint directors

British · England · Age 37

76, Coronation Street, Salford, M5 3SA

Notified 06/09/2022

Former PSCs

Mr Parminder Singh Chauhan

Ceased 01/12/2020

Mr Ranbir Chohan

Ceased 06/09/2022

Charges1 outstanding

Charge
outstanding

NUCLEUS CASH FLOW FINANCE2 LIMITED

Created 02/09/2024Registered 06/09/2024

CompanyRankvs 640+ SIC 46370 peers
53

Financial strength90th percentile among SIC peers · 23/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 pts

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

Liquidity6/20 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£132k

Balance sheet strength

Cash

£89k

Cash in the bank

Net Current Assets

£77k

Working capital

Current Assets

£410k

Current Liabilities

£487k

Fixed Assets

£209k

Debtors

£14k

5avg. employees

Tax at Year End(2023)

VAT-£7k

Balance Sheet

Intangible assets£25k
Assets less current liabilities£132k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.84+£65k
20231.05+£41k
20220.82+£15k
20210.66

Derived from filed accounts. Not audited figures.