Thanks you so much for the comprehensive response. Yes, you're right, I only included the company account to show that I have a viable thing I'm doing in Nigeria, since I don't have pay slip and all that. I am self-employed. I'm not sure weather or not to include the company statement again to be consistent, or just explain everything like you suggested.

Thank you @Sehin79

Hello wonderful people and citizens,

I applied for a UK visa in November 2017, it took them several weeks to respond (but they sent an email telling me it's taking them time), I believe it's due to the Christmas Holiday. In January, they responded and denied me the visa. The reason was because they said the balance (53,000 naira) in my company account is too small to fund the trip that I stated needs about 5,000 pounds. This company account has very good inflow and outflow. It had about 19 million for six months, which reflects on the statement. I also submitted a personal statement, with a balance of 2.2 million and very good inflow and outflow because I operate a security business as the MD. I indicated I am self-employed, so no consistent amount flows through my personal account. I was however surprised they did not reference my personal account. I spoke with my lawyer, and they did write a letter for judicial review. After ten days, they still maintained their refusal decision and stated I did not include the evidence (provided in the judicial review letter) in my original application. Now, I don't know if anyone has dealt with a similar issue. Please advise. I plan to reapply, but I have had no activity at all on my personal bank statement since November last year, and the balance in the account since that November is still 1.2million. Please advise. Should I reapply immediately or wait to have funds channeled through the account. What kind of letter should I write in my new application.

Letter from my lawyer for the judicial review:

This application was refused on 27/12/2017 based on the ECO’s decision; the ECO stated in support of your application you have submitted a personal bank statement and a company support documents. I am not satisfied that these documents are an accurate reflection of your personal circumstance because you have stated that you will meet the £5000 cost of the proposed visit however the submitted bank statement has a c losing balance of N54,000 which falls considerably short of the required amount as stated by you. Whilst I acknowledged that you are self employed and accept that you may not have a fixed monthly income deposited into your account, it is reasonable to except your account transactions to be commensurate to your stated circumstance, however as details above I am not satisfied that your statement of account accurately reflects your income as declared on your application. You have not provided satisfactory evidence to show that you will be able to maintain yourself in the UK without recourse to public funds further note that the balance of funds in this accounts fluctuates considerably over the period of the statement. I am therefore not satisfied that the documents you have provided are an accurate reflection of your personal circumstance.

Our client is very grateful to the commission for assessing her application but she is not satisfied with the decision of the ECO therefore she has chosen to seek a REVIEW.
We Vindan Consults are respectfully writing on behalf of our client and on her written instruction.
The ECO stated that in support of your application you have submitted a personal bank statement and a company support documents, going through the ECO’S statement it is obvious the ECO acknowledged that our client submitted the personal bank statement and the company bank statement with her application, but when making the decision the ECO only focused his assessment on our client company statement without acknowledging the personal account that has enough funds for her proposed trip. Our client submitted two accounts which are personal with a closing balance of N2millon approximately and a company account with a closing balance of about N54, 000 approximately to prove that she has enough funds which is also available for her proposed trip and also to prove the sources of her funds by attaching her company’s document.
Our client submitted her personal keystone bank account from the month of Feb. 2017 -Nov. 2017 and our client had money flowing in the account in the month of march –April our client had the sum of 1.2millonNGN flowing into the account, from the month of May- June our client had the sum of 1.1milonNGN flowing into the account, from the month of July-August our client had the sum of about 900thousandNGN flowing into the account, from the month of September- October our client had the sum of 1.1millonNGN flowing into the account. This is the transaction of the personal account she submitted which the ECO is also suppose to acknowledge the transactions as a prove that our client is entitled to her stated fund also our client’s company account shows that she has transaction of about 17millonNGN in a year. The transaction has shown that the funds are avlaiblae even if the closing balance as at then is about 54,000NGN. According to the immigration rules the account which the ECO is suppose to work with is the personal account and not the company account. The decision of the ECO towards our client’s application is not professional..
We therefore write to the ECM in order to reassess our clients application, according to the immigration rules our client has proven to met up with the financial requirement to prove that the funds are available to her and from a genuine source but the ECO chose to ignore the necessary document and information and chosen to assess the document which has no funds in it the ECO’s decision is based on a misunderstanding towards our clients application and the ECO cannot base his decision on his assumption, whereby our client was never called up for an interview to question her. Our client has genuine intention towards her visit.
Our clients intention is genuine she has no reason to travel and remain in the UK whereby she has a business which is very resourceful in Nigeria, our client has nothing to hold on to in UK, so why would she end up being a recourse to public fund. Her genuine intention is to visit the UK and return to Nigeria
We ask the ECM to review our client’s application and clarify the ECO’s doubt about her application; We would appreciate if her application can be reassessed for a better decision.
Thank you for reviewing this decision.

Hello wonderful people and citizens,

I applied for a UK visa in November 2017, it took them several weeks to respond (but they sent an email telling me it's taking them time), I believe it's due to the Christmas Holiday. In January, they responded and denied me the visa. The reason was because they said the balance (53,000 naira) in my company account is too small to fund the trip that I stated needs about 5,000 pounds. This company account has very good inflow and outflow. It had about 19 million for six months, which reflects on the statement. I also submitted a personal statement, with a balance of 2.2 million and very good inflow and outflow because I operate a security business as the MD. I indicated I am self-employed, so no consistent amount flows through my personal account. I was however surprised they did not reference my personal account. I spoke with my lawyer, and they did write a letter for judicial review. After ten days, they still maintained their refusal decision and stated I did not include the evidence (provided in the judicial review letter) in my original application. Now, I don't know if anyone has dealt with a similar issue. Please advise. I plan to reapply, but I have had no activity at all on my personal bank statement since November last year, and the balance in the account since that November is still 1.2million. Please advise. Should I reapply immediately or wait to have funds channeled through the account. What kind of letter should I write in my new application.

Letter from my lawyer for the judicial review:

This application was refused on 27/12/2017 based on the ECO’s decision; the ECO stated in support of your application you have submitted a personal bank statement and a company support documents. I am not satisfied that these documents are an accurate reflection of your personal circumstance because you have stated that you will meet the £5000 cost of the proposed visit however the submitted bank statement has a c losing balance of N54,000 which falls considerably short of the required amount as stated by you. Whilst I acknowledged that you are self employed and accept that you may not have a fixed monthly income deposited into your account, it is reasonable to except your account transactions to be commensurate to your stated circumstance, however as details above I am not satisfied that your statement of account accurately reflects your income as declared on your application. You have not provided satisfactory evidence to show that you will be able to maintain yourself in the UK without recourse to public funds further note that the balance of funds in this accounts fluctuates considerably over the period of the statement. I am therefore not satisfied that the documents you have provided are an accurate reflection of your personal circumstance.

Our client is very grateful to the commission for assessing her application but she is not satisfied with the decision of the ECO therefore she has chosen to seek a REVIEW.
We Vindan Consults are respectfully writing on behalf of our client and on her written instruction.
The ECO stated that in support of your application you have submitted a personal bank statement and a company support documents, going through the ECO’S statement it is obvious the ECO acknowledged that our client submitted the personal bank statement and the company bank statement with her application, but when making the decision the ECO only focused his assessment on our client company statement without acknowledging the personal account that has enough funds for her proposed trip. Our client submitted two accounts which are personal with a closing balance of N2millon approximately and a company account with a closing balance of about N54, 000 approximately to prove that she has enough funds which is also available for her proposed trip and also to prove the sources of her funds by attaching her company’s document.
Our client submitted her personal keystone bank account from the month of Feb. 2017 -Nov. 2017 and our client had money flowing in the account in the month of march –April our client had the sum of 1.2millonNGN flowing into the account, from the month of May- June our client had the sum of 1.1milonNGN flowing into the account, from the month of July-August our client had the sum of about 900thousandNGN flowing into the account, from the month of September- October our client had the sum of 1.1millonNGN flowing into the account. This is the transaction of the personal account she submitted which the ECO is also suppose to acknowledge the transactions as a prove that our client is entitled to her stated fund also our client’s company account shows that she has transaction of about 17millonNGN in a year. The transaction has shown that the funds are avlaiblae even if the closing balance as at then is about 54,000NGN. According to the immigration rules the account which the ECO is suppose to work with is the personal account and not the company account. The decision of the ECO towards our client’s application is not professional..
We therefore write to the ECM in order to reassess our clients application, according to the immigration rules our client has proven to met up with the financial requirement to prove that the funds are available to her and from a genuine source but the ECO chose to ignore the necessary document and information and chosen to assess the document which has no funds in it the ECO’s decision is based on a misunderstanding towards our clients application and the ECO cannot base his decision on his assumption, whereby our client was never called up for an interview to question her. Our client has genuine intention towards her visit.
Our clients intention is genuine she has no reason to travel and remain in the UK whereby she has a business which is very resourceful in Nigeria, our client has nothing to hold on to in UK, so why would she end up being a recourse to public fund. Her genuine intention is to visit the UK and return to Nigeria
We ask the ECM to review our client’s application and clarify the ECO’s doubt about her application; We would appreciate if her application can be reassessed for a better decision.
Thank you for reviewing this decision.