Back to search

Afr Estates Ltd

13201297

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

1ST FLOOR, PORTFOLIO PLACE 498 BROADWAY, OLDHAM, OL9 9PY
Incorporated 15/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Farooq Raza

director · Since 15/02/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 4 other boards

Mrs Nafeesa Shaukat

director · Since 15/02/2021

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 2 other boards

Persons with Significant Control

Mr Farooq Raza

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

British · United Kingdom · Age 42

1st Floor, Portfolio Place, 498 Broadway, Oldham, OL9 9PY

Notified 15/02/2021

Mrs Nafeesa Shaukat

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

British · England · Age 38

1st Floor, Portfolio Place, 498 Broadway, Oldham, OL9 9PY

Notified 23/10/2024

Charges3 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 14/06/2024Registered 24/06/2024
Charge
outstanding

PARAGON BANK PLC

Created 09/01/2023Registered 12/01/2023
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 16/08/2022Registered 16/08/2022

CompanyRankvs 61667+ SIC 68100 peers
41

Financial strength62th percentile among SIC peers · 16/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength16/25 pts

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

Employees12/15 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.

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 28/02/2025

Net Worth

£6k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£88k

Working capital

Current Assets

£6k

Current Liabilities

£94k

Fixed Assets

£338k

Debtors

£2k

2avg. employees

Tax at Year End(2023)

Corp tax£449

Director Loans(2023)

Company owes directors£65k

Balance Sheet

Assets less current liabilities£250k
Signed by Mr Farooq Raza 22/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06+£2k
20240.05+£2k
20230.04—

Derived from filed accounts. Not audited figures.