Back to search

China Palace (Worthing) Limited

04813667

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

41B BEACH ROAD, LITTLEHAMPTON, BN17 5JA
Incorporated 27/06/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Victor Hang

secretary · Since 27/06/2003

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Ling Fung Hang

director · Since 27/06/2003

RESTAURANTEUR

CHINESE · Age 77

Mr Victor Hang

director · Since 27/06/2003

RESTUARANTER

BRITISH · UNITED KINGDOM · Age 58

Also on 3 other boards

Persons with Significant Control

Mr Victor Hang

25–50% shares

British · United Kingdom · Age 58

32 Longlands, Worthing, BN14 9NN

Notified 06/04/2016

Mrs Ling Fung Hang

25–50% shares

British · United Kingdom · Age 77

3 Madehurst Close, East Preston, Littlehampton, BN16 2TH

Notified 06/04/2016

CompanyRankvs 3083+ SIC 56101 peers
71

Financial strength40th percentile among SIC peers · 10/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 10.24× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Court Hotel (Bromley) Limited(The)
90
2Wilton(St.James'S)Limited
90
3Oakscliff
90
4Fence Gate Limited
90
5Wyboston Lakes Limited
90
6Miacarla Limited
90
7Lloyd Davenport (Leisure) Limited
90
8Briar Court Hotel Limited
90
9Salts Estates Limited
90
10Modvet Limited
90
3083China Palace (Worthing) Limited
71
How is this score calculated?
Financial strength10/25 pts

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

Employees11/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 30/06/2025

Net Worth

£100

Balance sheet strength

Cash

£526k

Cash in the bank

Net Current Assets

£494k

Working capital

Current Assets

£547k

Current Liabilities

£53k

Fixed Assets

£118k

Debtors

£16k

12avg. employees-3

Balance Sheet

Assets less current liabilities£612k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
202510.24
20246.44
20236.43
20225.03
20215.93

Derived from filed accounts. Not audited figures.