Chi Yip Group Limited
02487941
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 02/04/1991
BRITISH · UNITED KINGDOM · Age 66
Also on 3 other boards
director · Since 02/04/1991
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 66
Also on 3 other boards
director · Since 01/03/2018
DIRECTOR
BRITISH · ENGLAND · Age 40
Also on 2 other boards
Persons with Significant Control
Chi Yip Holdings Limited
Treasure House, Greenside Way, Manchester, M24 1SW
Reg: 06235211 · Uk · Limited
Notified 23/08/2018
Mrs Fong Ching Yip
British · England · Age 66
Treasure House, Greenside Way Middleton, M24 1SW
Notified 23/08/2018
Former PSCs
Mr Jackon Lui
Ceased 21/08/2018
Charges1 outstanding
HSBC BANK PLC
BANK OF CHINA LONDON BRANCH
BANK OF CHINA
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 159+ SIC 46320 peers65
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/05/2025
Turnover
£22.3M
Annual revenue
Net Worth
£2.4M
Balance sheet strength
Cash
£27k
Cash in the bank
Profit Before Tax
-£862k
Bottom line earnings
Net Current Assets
£2.2M
Working capital
Current Assets
£6.4M
Current Liabilities
£4.2M
Fixed Assets
£583k
Debtors
£3.9M
Cost of Sales
£19.0M
Gross Profit
£3.3M
Admin Expenses
£4.2M
Operating Profit
-£803k
Profit After Tax
-£789k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.52 | +£0 |
| 2025 | 1.52 | -£825k |
| 2024 | 1.63 | +£451k |
| 2023 | 1.56 | +£453k |
| 2022 | 1.60 | +£501k |
| 2021 | 1.72 | — |
Derived from filed accounts. Not audited figures.