Okuneye Initiative’S Ltd
14380883
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Elijah Ayodele Okuneye
British · United Kingdom · Age 47
Flat 1, 171, New Kent Road, London, SE1 4AG
Notified 27/09/2022
CompanyRankvs 5254+ SIC 47290 peers35
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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.
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
£850
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£850
Working capital
Current Assets
£33
Current Liabilities
£883
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.04 |
| 2023 | 1.04 |
Derived from filed accounts. Not audited figures.