# SMAGGS VENTURES LTD (12131008)

> SMAGGS VENTURES LTD is an active private limited company (company number 12131008) incorporated on 31 July 2019, registered in London. Its registered activity is other business support service activities n.e.c. (SIC 82990). Latest small accounts cover the period ending 31 July 2025, showing net assets of −£1,413 and cash of £1,307, with 0 employees on average. Net assets fell 12% on the prior period (−£1,263).

- Status: Active
- Incorporated: 2019-07-31
- Registered office: London, EC1V 2NX
- SIC 82990: Other business support service activities n.e.c.
- SIC 96090: Other service activities n.e.c.
- Next accounts due: 2027-04-30
- Confirmation statement due: 2027-08-14
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 27,230 comparable companies in London (median £1,197, upper quartile £53k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-07-31 | −£1,413 | £1,307 | — | £150 | — | — | 0 |
| 2024-07-31 | −£1,263 | £1,607 | — | £300 | — | — | 0 |

current ratio 8.71; size band micro.

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

- Net assets below zero: Net assets £-1,413 at 31 July 2025
- Current assets at least 1.5× creditors within one year: Current ratio 8.71
- Incorporated five or more years ago: Incorporated 31 July 2019

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

## Persons with significant control

- Mr Oluwagbenga Sawgee Olarewaju-David — owns 50–75% of shares; holds 50–75% of voting rights, since 2019-07-31

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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/12131008
HTML: https://firmoscan.com/company/12131008-smaggs-ventures-ltd