Ming Foods Limited
05067343
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/08/2024
total exemption full
Next accounts due
31/05/2026
Confirmation statement
Last: 15/07/2025
Due 29/07/2026
Industry
Officers
Persons with Significant Control
Mr Sam Duong
British · United Kingdom · Age 52
2, Chamberlain Square, Birmingham, B3 3AX
Notified 09/03/2017
Former PSCs
Mr Van Minh Duong
Ceased 25/06/2025
Charges3 outstanding
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CompanyRankvs 1542+ SIC 10890 peers31
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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
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/08/2024
Net Worth
-£162k
Balance sheet strength
Cash
£23k
Cash in the bank
Net Current Assets
-£417k
Working capital
Current Assets
£794k
Current Liabilities
£1.2M
Fixed Assets
£655k
Debtors
£623k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.66 | +£102k |
| 2023 | 0.54 | — |
Derived from filed accounts. Not audited figures.