Afa Corporation Ltd
13642148
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 5 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Muhammad Asghar
British · United Kingdom · Age 53
54, Winding Way, Dagenham, RM8 2TB
Notified 24/09/2021
Mrs Fauzia Asghar
British · United Kingdom · Age 51
54, Winding Way, Dagenham, RM8 2TB
Notified 24/09/2021
Charges5 outstanding
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CompanyRankvs 25974+ SIC 68100 peers54
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£82k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£100k
Working capital
Current Assets
£110k
Current Liabilities
£10k
Fixed Assets
£273k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 11.18 | -£10k |
| 2023 | 0.03 | +£4k |
| 2022 | 0.05 | — |
Derived from filed accounts. Not audited figures.