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Saroafrica Limited

Saroafrica Limited is a liquidation company incorporated on 18 December 2020 with the registered office located in Newton Abbot, Devon. Saroafrica Limited was registered 4 years ago.
Status
Liquidation
In voluntary liquidation since 10 months ago
Company No
13089932
Private limited company
Age
4 years
Incorporated 18 December 2020
Size
Large
Turnover is over £54M
Balance sheet is over £27M
Over 250 employees
Confirmation
Overdue
Confirmation statement overdue by 317 days
Dated 17 December 2023 (1 year 11 months ago)
Next confirmation dated 17 December 2024
Was due on 31 December 2024 (10 months ago)
No changes occurred since incorporation
Accounts
Overdue
Accounts overdue by 317 days
For period 1 Jan31 Dec 2022 (12 months)
Accounts type is Group
Next accounts for period 31 December 2023
Was due on 31 December 2024 (10 months ago)
Address
Castle Hill Insolvency Ltd 1 Battle Road
Heathfield
Newton Abbot
Devon
TQ12 6RY
England
Address changed on 18 Dec 2024 (11 months ago)
Previous address was 1 Chamberlain Square Cs Birmingham B3 3AX United Kingdom
Telephone
Unreported
Email
Unreported
Website
Unreported
People
Officers
1
Shareholders
1
Controllers (PSC)
1
Director • Nigerian • Lives in Nigeria • Born in Nov 1966
Mr Rasheed Olakanmi Sarumi
PSC • Nigerian • Lives in Nigeria • Born in Nov 1966
Shareholders, PSCs & Group Structure
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Mutual Companies
No mutual companies found
Financials
Net Assets, Total Assets & Total Liabilities (2021–2022)
Period Ended
31 Dec 2022
For period 31 Dec31 Dec 2022
Traded for 12 months
Cash in Bank
£6.62M
Decreased by £4.7M (-42%)
Turnover
£142.51M
Increased by £139.39M (+4460%)
Employees
409
Increased by 151 (+59%)
Total Assets
£123.3M
Increased by £59.56M (+93%)
Total Liabilities
-£101.2M
Increased by £56.35M (+126%)
Net Assets
£22.1M
Increased by £3.2M (+17%)
Debt Ratio (%)
82%
Increased by 11.72% (+17%)
Latest Activity
Declaration of Solvency
10 Months Ago on 3 Jan 2025
Voluntary Liquidator Appointed
10 Months Ago on 3 Jan 2025
Registered Address Changed
11 Months Ago on 18 Dec 2024
Group Accounts Submitted
1 Year 4 Months Ago on 20 Jun 2024
Confirmation Submitted
1 Year 10 Months Ago on 2 Jan 2024
Confirmation Submitted
2 Years 3 Months Ago on 19 Jul 2023
Group Accounts Submitted
2 Years 5 Months Ago on 20 May 2023
Compulsory Strike-Off Discontinued
2 Years 8 Months Ago on 3 Mar 2023
Compulsory Gazette Notice
2 Years 8 Months Ago on 21 Feb 2023
Confirmation Submitted
3 Years Ago on 22 Dec 2021
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Documents
Resolutions
Submitted on 3 Jan 2025
Appointment of a voluntary liquidator
Submitted on 3 Jan 2025
Declaration of solvency
Submitted on 3 Jan 2025
Registered office address changed from 1 Chamberlain Square Cs Birmingham B3 3AX United Kingdom to Castle Hill Insolvency Ltd 1 Battle Road Heathfield Newton Abbot Devon TQ12 6RY on 18 December 2024
Submitted on 18 Dec 2024
Group of companies' accounts made up to 31 December 2022
Submitted on 20 Jun 2024
Confirmation statement made on 17 December 2023 with no updates
Submitted on 2 Jan 2024
Confirmation statement made on 17 December 2022 with no updates
Submitted on 19 Jul 2023
Group of companies' accounts made up to 31 December 2021
Submitted on 20 May 2023
Compulsory strike-off action has been discontinued
Submitted on 3 Mar 2023
First Gazette notice for compulsory strike-off
Submitted on 21 Feb 2023
Repayment History
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