Company Overview
Onala Literacy Program is a Dissolved Private Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption.
Registered Address

1 Wenta Business Center, Colne Way, Watford, WD24 7ND
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Companies House Data
Company NameONALA LITERACY PROGRAM
Company Number09051103
Registered Office Address1 Wenta Business Center
 Colne Way
 WD24 7ND
Company CategoryPrivate Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date21/05/2014
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2021
Accounts Last Made Up Date31/05/2019
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date18/06/2017
Returns Last Made Up Date21/05/2016
Directors & Members
Show Resigned
Nonye Agwunobi - Director
(Dutch, 38 years old, born March 1988)
Appointed 11 August 2018
 Active
Shehu Akintola - Director
(Nigerian, 56 years old, born September 1970)
Appointed 11 August 2018
 Active
Abimbola Oluwasanmi - Director
(Nigerian, 55 years old, born July 1971)
Appointed 21 May 2014
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Nonye Agwunobi
No companies found
Shehu Akintola
No companies found
Abimbola Oluwasanmi
ABIMBOLA OLUWASANMI- NW LIMITED
Balance Sheet Unlock full report
Accounts Date 31-May-2019 31-May-2018 31-May-2017
Balance Sheet
Fixed Assets 0 674 0
Current Assets 2,092 113 40
Creditors Due Within One Year 2,074 450 0
Working Cap 18 -337 40
Total Assets Less Current Liabilities 18 337 40
Long-term Liabilities 0 674 0
Net Assets 18 -337 40
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 18 -337 40
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2019 31-May-2018 31-May-2017
Tangible Fixed Assets - - -
Fixed Assets 0.0% 85.6% 0.0%
Stocks Inventory - - -
Debtors - 5.1% -
Cash Bank In Hand 100.0% 9.3% -
Current Assets 100.0% 14.4% 100.0%
Creditors Due Within One Year 99.1% 57.2% 0.0%
Net Current Assets Liabilities 0.9% -42.8% 100.0%
Creditors Due After One Year - - 0.0%
Accruals Deferred Income - - 0.0%
Provisions For Liabilities Charges - - 0.0%
Net Assets Liabilities Including Pension Asset Liability - - 100.0%
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 0.9% -42.8% 100.0%
Capital Employed - - -
Total Assets Less Current Liabilities 0.9% 42.8% 100.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2019 31-May-2018 31-May-2017
Liquidity Ratio 1.0 0.3 40.0
Solvency Ratio 1.0 0.7 ∞
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 31-May-2019 31-May-2018 31-May-2017
Assets 2,092 787 40
Debt 2,074 1,124 0
Net Assets/Debt 18 -337 40
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
Final Gazette dissolved via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Confirmation statement made on 23 February 2020 with no updates
Confirmation statement made on 23 February 2019 with no updates
Appointment of Professor Shehu Latunji Akintola as a director on 11 August 2018
Director's details changed for Miss Abimbola Oluwasanmi on 12 August 2018
Director's details changed for Miss Nonye Agwunobi on 12 August 2018
Appointment of Miss Nonye Agwunobi as a director on 11 August 2018
Registered office address changed from 22 Cheyneys Avenue Edgware Middlesex HA8 6SF England to 1 Wenta Business Center Colne Way Watford WD24 7nd on 11 August 2018
Confirmation statement made on 23 February 2018 with no updates
Termination of appointment of Promise Unwene as a director on 16 February 2018
Confirmation statement made on 23 February 2017 with updates
Appointment of Mr Promise Unwene as a director on 30 June 2016
Annual return made up to 21 May 2016 no member list
Director's details changed for Ms Abimbola Oluwasanmi on 1 June 2016
Registered office address changed from Suite 547 109 Vernon House Friar Lane Nottingham Nottinghamshire NG1 6DQ to 22 Cheyneys Avenue Edgware Middlesex HA8 6SF on 4 March 2016
Annual return made up to 21 May 2015 no member list
Incorporation
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