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Afas The Core Limited

13506138

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

FUSION STUDIO THE GREEN, WATFORD, WD25 8ER
Incorporated 12/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Samuel Joseph Castle

director · Since 28/07/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 3 other boards

Mr Daniel Edward Green

director · Since 27/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 16 other boards

James Michael Wynne-Griffith

director · Since 25/09/2025

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 8 other boards

Persons with Significant Control

Afas Debtco Limited

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

21 Palmer Street, London, SW1H 0AD

Reg: 13506103 · Companies House England & Wales · Private Limited Company

Notified 12/07/2021

Former PSCs

Mr Matthias Wilhelm Gradischnig

Ceased 12/07/2021

Charges1 outstanding

Charge
outstanding

OAKNORTH BANK PLC

Created 08/12/2021Registered 09/12/2021

CompanyRankvs 40250+ SIC 64209 peers
59

Financial strength97th percentile among SIC peers · 24/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.01× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

Liquidity12/20 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

£9.6M

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

£84k

Working capital

Current Assets

£8.1M

Current Liabilities

£8.0M

Debtors

£8.1M

Profit After Tax

-£929k

3avg. employees-2

Tax at Year End(2023)

Corp tax-£11k

Balance Sheet

Bank loans & overdrafts£11.5M
Assets less current liabilities£21.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.01-£929k
20231.10

Derived from filed accounts. Not audited figures.