# GROUP 38 LIMITED (09447625)

> GROUP 38 LIMITED is an active private limited company (company number 09447625) incorporated on 19 February 2015, registered in Ilford. Its registered activity is other retail sale not in stores, stalls or markets (SIC 47990). Latest small accounts cover the period ending 28 February 2025, showing net assets of −£20k and cash of £100, with 1 employee on average. Net assets rose 8% on the prior period (−£21k).

- Status: Active
- Incorporated: 2015-02-19
- Registered office: Ilford, IG6 3TJ
- SIC 47990: Other retail sale not in stores, stalls or markets
- SIC 68209: Other letting and operating of own or leased real estate
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-03-05
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 2,110 comparable companies in Greater London (median £190, upper quartile £9,156).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | −£20k | £100 | £13k | — | — | — | 1 |
| 2024-02-29 | −£21k | £2,557 | £14k | — | — | — | 1 |

size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-19,538 at 28 February 2025
- Incorporated five or more years ago: Incorporated 19 February 2015

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Olusina Salami — owns 50–75% of shares; holds 50–75% of voting rights, since 2016-07-01
- Mrs Oluwafunmilayo Salami — owns 25–50% of shares; owns 25–50% of shares, since 2016-07-01

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/09447625
HTML: https://firmoscan.com/company/09447625-group-38-limited