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Afx Ventures Limited

13197738

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

3RD FLOOR, LONDON, SW7 4AG
Incorporated 11/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities
62090
Other information technology service activities
63110
Data processing, hosting and related activities

Officers

Mr Michael John Thorpe

director · Since 11/02/2021

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 12 other boards

Mr Petrus Johannes Van Staden

director · Since 16/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Correlation One Investments (Europe) Limited

75–100% shares
75–100% votes

3rd Floor, 114a Cromwell Road, London, SW7 4AG

Reg: 14364051 · Companies House Cardiff · Private Company Limited By Shares

Notified 04/08/2023

Former PSCs

Correlation One Holdings Limited

Ceased 09/08/2021

Charges2 outstanding

Charge
outstanding

CORRELATION ONE INVESTMENTS (EUROPE) LIMITED

Created 04/08/2023Registered 18/08/2023
Charge
outstanding

CORRELATION ONE HOLDINGS LIMITED

Created 10/08/2021Registered 11/08/2021

CompanyRankvs 49865+ SIC 62020 peers
45

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.74× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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49865Afx Ventures Limited
55
How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 pts

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

Liquidity20/20 pts

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

Longevity5/15 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 31/12/2024

Net Worth

-£6.9M

Balance sheet strength

Cash

£982k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£1.8M

Current Liabilities

£380k

Fixed Assets

£623k

Debtors

£822k

15avg. employees+3

Balance Sheet

Intangible assets£607k
Assets less current liabilities£2.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.74-£3.8M
20232.41-£2.3M
20223.55-£619k
20211.64—

Derived from filed accounts. Not audited figures.