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Afraa Homes Ltd

14544956

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

8B ACCOMMODATION ROAD, LONDON, NW11 8ED
Incorporated 16/12/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Farshad Motavasel

director · Since 16/12/2022

DIRECTOR

PORTUGUESE · ENGLAND · Age 62

Also on 1 other board

Mr Hossein Tamkin Fard

director · Since 16/12/2022

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Persons with Significant Control

Afraa Limited

25–50% shares
25–50% votes

8b, Accommodation Road, London, NW11 8ED

Reg: 07583263 · Register Of Companies · Company Limited By Shares

Notified 16/12/2022

Mr Farshad Motavasel

25–50% shares
25–50% votes

Portuguese · England · Age 62

8b, Accommodation Road, London, NW11 8ED

Notified 19/12/2022

CompanyRankvs 80809+ SIC 41100 peers
31

Financial strength16th percentile among SIC peers · 4/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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80809Afraa Homes Ltd
26
How is this score calculated?
Financial strength4/25 pts

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

Employees2/15 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 31/12/2024

Net Worth

-£7k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£1.0M

Current Liabilities

£1.1M

0avg. employees

Balance Sheet

Total assets£1.0M

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99-£3k
20231.00—

Derived from filed accounts. Not audited figures.