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Jollof Republic Limited

13040490

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

22 HINCKLEY ROAD, LEICESTER, LE3 0RA
Incorporated 24/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56102
Unlicensed restaurants and cafes

Officers

Mr Kingsford Aduomi Owusu

director · Since 24/11/2020

GENERAL MANAGER

GHANAIAN · ENGLAND · Age 38

Persons with Significant Control

Mr Kingsford Aduomi Owusu

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

Ghanaian · England · Age 38

22, Hinckley Road, Leicester, LE3 0RA

Notified 24/11/2020

CompanyRankvs 19954+ SIC 56102 peers
34

Financial strength8th percentile among SIC peers · 2/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees9/15 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 30/11/2024

Net Worth

-£57k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£65k

Working capital

Current Assets

£22k

Current Liabilities

£87k

Fixed Assets

£8k

Debtors

£17k

4avg. employees

Tax at Year End

VAT£20k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.26-£10k£406k
20230.05-£24k£194k

Derived from filed accounts. Not audited figures.