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Eko Bakery Ltd

14645882

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

94A COMMERCIAL STREET, NEWPORT, NP20 1LU
Incorporated 07/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10710
Manufacture of bread; manufacture of fresh pastry goods and cakes

Officers

Mr Adekunle Sunday Ashaolu

director · Since 07/02/2023

EVENT MANAGER

NIGERIAN · UNITED KINGDOM · Age 44

Persons with Significant Control

Mr Adekunle Sunday Ashaolu

50–75% shares
25–50% votes

Nigerian · United Kingdom · Age 44

94a, Commercial Street, Newport, NP20 1LU

Notified 07/02/2023

Former PSCs

Mr Temidayo Abayomi Aramide

Ceased 01/03/2024

CompanyRankvs 2825+ SIC 10710 peers
34

Financial strength20th percentile among SIC peers · 5/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees5/15 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.

Longevity3/15 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 28/02/2025

Net Worth

-£2k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£811

Working capital

Current Assets

£3k

Current Liabilities

£4k

Fixed Assets

£23k

1avg. employees

Balance Sheet

Bank loans & overdrafts£24k
Assets less current liabilities£22k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20250.78

Derived from filed accounts. Not audited figures.