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Wok Master Foods Limited

03548888

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

UNIT 2, THE QUADRANGLE, MANCHESTER, M1 5QS
Incorporated 20/04/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47290
Other retail sale of food in specialised stores
56101
Licensed restaurants

Officers

Mr Yin Wan Li

director · Since 05/06/1998

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 2 other boards

Ms Qiqian Huang

director · Since 22/03/2022

COMPANY SECRETARY/DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Persons with Significant Control

Ms Qiqian Huang

75–100% shares

British · England · Age 54

Unit 2, The Quadrangle, Chester Street, Manchester, M1 5QS

Notified 15/04/2021

Former PSCs

Mr Yin Wan Li

Ceased 15/04/2021

Charges2 outstanding

charge
outstanding

M2 QUADRANGLE LIMITED

Created 12/06/2009Registered 27/06/2009
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/03/1999Registered 01/04/1999

CompanyRankvs 2227+ SIC 47290 peers
51

Financial strength2th percentile among SIC peers · 1/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.58× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2020

Net Worth

-£246k

Balance sheet strength

Cash

£94k

Cash in the bank

Net Current Assets

£210k

Working capital

Current Assets

£572k

Current Liabilities

£362k

Fixed Assets

£15k

Debtors

£351k

16avg. employees-7

Tax at Year End(2019)

Corp tax£3k

Balance Sheet

Assets less current liabilities£226k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20201.58-£26k
20191.90-£23k
20181.93

Derived from filed accounts. Not audited figures.