Company Overview
African Movie Channel Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 28 February 2005, so this is a well established company. African Movie Channel Limited has been in business for 21 years and 1 month. The accounts status is total exemption full and the accounts are next due on Sunday 30 November 2025.
Registered Address

187 Woodhouse Road, North Finchley, London, N12 9AY
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Companies House Data
Company NameAFRICAN MOVIE CHANNEL LIMITED
Company Number05377912
Registered Office Address187 Woodhouse Road
 North Finchley
 N12 9AY
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date28/02/2005
Accounting Reference Date Day28
Accounting Reference Date Month2
Accounts Next Due Date30/11/2025
Accounts Last Made Up Date28/02/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date14/12/2016
Returns Last Made Up Date16/11/2015
Directors & Members
Show Resigned
Olayinka Mayungbo - Director
(British, 58 years old, born August 1968)
Appointed 26 January 2006
 Active
Secretaries
Show Resigned
Olufunso Mayungbo - Secretary
Appointed 25 February 2026
 Active
Other Company Directorships
Olayinka Mayungbo
CROSSWAYS MANOR ROAD LTD
Balance Sheet Unlock full report
Accounts Date 28-Feb-2024 28-Feb-2023 28-Feb-2022
Balance Sheet
Fixed Assets 16,582 16,582 1,805
Current Assets 460,303 460,303 185,033
Creditors Due Within One Year 47,095 47,095 20,774
Working Cap 413,208 413,208 164,259
Total Assets Less Current Liabilities 429,790 429,790 166,064
Long-term Liabilities 3,151 3,151 365
Net Assets 426,639 426,639 165,699
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 426,639 426,639 165,699
Common Size Financial Analysis Unlock full report
Accounts Date 28-Feb-2024 28-Feb-2023 28-Feb-2022
Tangible Fixed Assets - - -
Fixed Assets 3.5% 3.5% 1.0%
Stocks Inventory - - -
Debtors 56.0% 56.0% 91.6%
Cash Bank In Hand 16.5% 16.5% 7.4%
Current Assets 96.5% 96.5% 99.0%
Creditors Due Within One Year 9.9% 9.9% 11.1%
Net Current Assets Liabilities 86.6% 86.6% 87.9%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 89.5% 89.5% 88.7%
Capital Employed - - -
Total Assets Less Current Liabilities 90.1% 90.1% 88.9%
Financial Ratio Analysis Unlock full report
Accounts Date 28-Feb-2024 28-Feb-2023 28-Feb-2022
Liquidity Ratio 9.8 9.8 8.9
Solvency Ratio 9.5 9.5 8.8
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 28-Feb-2024 28-Feb-2023 28-Feb-2022
Assets 476,885 476,885 186,838
Debt 50,246 50,246 21,139
Net Assets/Debt 426,639 426,639 165,699

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 17 February 2026 with updates
Cessation of Raufu Ololade Onigbogi as a person with significant control on 25 February 2026
Appointment of Mr Olufunso Olayinka Mayungbo as a secretary on 25 February 2026
Termination of appointment of Raufu Ololade Onigbogi as a secretary on 25 February 2026
Termination of appointment of Raufu Ololade Onigbogi as a director on 25 February 2026
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Amended total exemption full accounts made up to 28 February 2024
Confirmation statement made on 17 February 2025 with no updates
Confirmation statement made on 21 February 2024 with no updates
Confirmation statement made on 21 February 2023 with updates
Confirmation statement made on 21 February 2022 with no updates
Confirmation statement made on 21 February 2021 with no updates
Registered office address changed from Prospect House C/O Saunders & Richard Ltd 2 Athenaeum Road Whetstone N20 9AE United Kingdom to 187 Woodhouse Road North Finchley London N12 9AY on 15 October 2020
Confirmation statement made on 21 February 2020 with no updates
Registered office address changed from 38 Tatnell Road London SE23 1JY to Prospect House C/O Saunders & Richard Ltd 2 Athenaeum Road Whetstone N20 9AE on 19 November 2019
Confirmation statement made on 21 February 2019 with no updates
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