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Wazobia Africa Ltd

14303536

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

119 SHIELDS ROAD, NEWCASTLE UPON TYNE, NE6 1DN
Incorporated 18/08/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Dickson Ikenna Ozumba

director · Since 18/08/2022

COMPANY DIRECTOR

NIGERIAN · UNITED KINGDOM · Age 31

Also on 2 other boards

Mrs Nkemakonam Abigail Egesi

director · Since 03/12/2024

HEALTH CARE ASSISTANT

BRITISH · UNITED KINGDOM · Age 38

Persons with Significant Control

Mr Dickson Ikenna Ozumba

50–75% shares

Nigerian · United Kingdom · Age 31

119, Shields Road, Newcastle Upon Tyne, NE6 1DN

Notified 18/08/2022

CompanyRankvs 18271+ SIC 47190 peers
36

Financial strength8th percentile among SIC peers · 2/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees9/15 pts

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

Liquidity6/20 pts

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

Longevity4/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/08/2024

Net Worth

-£24k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£52k

Working capital

Current Assets

£55k

Current Liabilities

£107k

Fixed Assets

£29k

2avg. employees+1

Balance Sheet

Assets less current liabilities-£23k
Prepared with BTCSoftware AP Solution 2025 12.1.02

EstimatesDerived

YearCurrent RatioImplied Profit
20240.51+£31k
20230.13

Derived from filed accounts. Not audited figures.