Afro Health Ltd

Afro Health Ltd is a small, active company based in London, UK, founded four years ago. It's a solo-founder operation with one director and one owner, operating from a virtual address shared by over 5,000 other companies. The company employs a single person and is registered at WC2H 9JQ, England, London, 71-75 Shelton Street, Covent Garden.

The company’s website paints a picture of a non-profit organization dedicated to health profession education, research, and service delivery across Africa. It’s an “interprofessional health grouping” hosting conferences, webinars, and workshops, and offering resources like publications and funding opportunities. The site heavily promotes its “AFREhealth” brand, highlighting its work with various technical working groups and its commitment to leadership development and interprofessional education. It’s not an e-commerce site; instead, it functions as a hub for networking, knowledge sharing, and professional development within the African health sector. The site’s structure is complex, with numerous sections dedicated to past events, upcoming programs, membership benefits, and contact information. It seems to operate on a membership model, offering various levels of access and engagement.

Financially, Afro Health Ltd is showing some concerning trends. Cash bank on hand has plummeted 90% to just £120, while creditors have increased by 26% to £41,000. Equity has also decreased by 30% to -£41,000, and loans from directors have risen by 25% to £40,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the unaudited accounts rely on director-reported data. The significant drop in cash reserves, combined with increasing liabilities, suggests the company is burning through money. It’s possible that the non-profit nature of the organization contributes to these financial pressures, with funding cycles and grant dependencies impacting cash flow. The fact that the company is operating from a virtual address, shared by so many other businesses, could also indicate a cost-saving strategy, but it raises questions about the scale of its operations.

Registered in England/Wales under the registration number 12853533, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street, Covent Garden.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.