Aba Initiatives Ltd
14165654
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Amuda Olusegun Atibioke
British · United Kingdom · Age 63
5, Jarrow Road, Romford, RM6 5RH
Notified 10/06/2022
Former PSCs
Mr Murphy Akanni Adigun
Ceased 19/10/2022
Mr Abeeb Afolabi Bakare
Ceased 19/10/2022
Charges3 outstanding
TOGETHER COMMERCIAL FINANCE LIMITED
TOGETHER COMMERCIAL FINANCE LIMITED
MS LENDING SPV 1 LIMITED
CompanyRankvs 122975+ SIC 68100 peers25
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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 30/06/2025
Net Worth
-£37k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£137k
Working capital
Current Assets
£107
Current Liabilities
£137k
Fixed Assets
£191k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.00 | -£3k |
| 2024 | 0.00 | -£18k |
| 2023 | 0.00 | — |
Derived from filed accounts. Not audited figures.