ACTIS AFRICA LIMITED

1. ACTIS AFRICA LIMITED 2003-11-06 → present
2. ERINGOLD LIMITED 2003-09-24 → 2003-11-06

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Abridged

Yes — abridged accounts (limited disclosure)

Auditor

Ernst & Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors believe that the Company has adequate financial resources to continue in operational existence for the foreseeable future and at least 12 months from the date of the report and financial statements. Accordingly, they continue to adopt the going concern basis in preparing the Directors' report and financial statements.”

Group structure

1. ACTIS AFRICA LIMITED · parent
   1. Actis Africa (Nigeria) Limited 100% · Nigeria · Investment Advisory Company
   2. Actis West Africa Income Manager Limited 100% · Nigeria · Fund Manager

Significant events

• “Following the change in ultimate parent entity to General Atlantic Partners L.P. during 2024, the Management intends to align the auditor appointment with the General Atlantic's Group auditor (Deloitte). As a result, Ernst & Young LLP have expressed their intention not to continue as auditor and the process to appoint Deloitte LLP will be completed following the finalisation of these financial statements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -3.9%

  £4,103,159 → £3,941,886

• Cash

  -72%

  £640,569 → £179,546

• Net assets

  -9.5%

  £1,683,020 → £1,523,947

• Employees

  -7.7%

  13 → 12

• Operating profit

  -49%

  £703,281 → £358,353

• Profit before tax

  -50%

  £735,386 → £367,471

• Wages

  -27.8%

  £2,218,052 → £1,601,472

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers