Back to search

African Business Association Cic

15332927

active
Community Interest Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)

Details

1 INTERCHANGE, BRADFORD, BD1 5AX
Incorporated 06/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities
94990
Activities of other membership organisations

Officers

Dr Olushola Adeborode Kolawole

director · Since 06/12/2023

COMPANY DIRECTOR

NIGERIAN · ENGLAND · Age 41

Mr Gbenga Olokunlade

director · Since 06/12/2023

COMPANY DIRECTOR

NIGERIAN · ENGLAND · Age 40

Also on 1 other board

Persons with Significant Control

Dr Olushola Adeborode Kolawole

75–100% votes
Appoint directors

Nigerian · England · Age 41

135, Hunters Park Avenue, Bradford, BD14 6EN

Notified 06/12/2023

Mr Gbenga Olokunlade

25–50% votes

Nigerian · England · Age 40

135, Hunters Park Avenue, Bradford, BD14 6EN

Notified 20/04/2024

CompanyRankvs 132777+ SIC 82990 peers
40

Financial strength17th percentile among SIC peers · 4/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.75× · 16/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1British And Foreign Wharf Company Limited(The)
90
2Cumberland Electrochemical Limited
90
3Haircloth Weaving & Finishing Company Limited
90
4Frank P. Matthews Limited
90
5Morris, Corfield & Co Holdings Ltd
90
6J.Clarke Transport(Lichfield)Limited
90
7New England Stud Farm Limited
90
8G.R.Carr (Essex) Limited
90
9J.Browne Construction Company Limited
90
10Henbrandt Limited
90
132777African Business Association Cic
35
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.

Liquidity16/20 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 31/12/2024

Turnover

£4k

Annual revenue

Net Worth

-£215

Balance sheet strength

Cash

£350

Cash in the bank

Profit Before Tax

-£215

Bottom line earnings

Net Current Assets

£150

Working capital

Current Assets

£350

Current Liabilities

£200

Fixed Assets

£0

Cost of Sales

£1k

Gross Profit

£3k

Admin Expenses

£3k

Operating Profit

-£215

0avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities£150
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20241.75

Derived from filed accounts. Not audited figures.