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Cng Associates Ltd

06351648

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

CNG ASSOCIATES, SOLAR HOUSE,, LONDON, N12 8QJ
Incorporated 23/08/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities

Officers

Mr Joseph Ng

director · Since 23/08/2007

ACCOUNTANT

MALAYSIAN · ENGLAND · Age 55

Also on 2 other boards

Persons with Significant Control

Mr Joseph Ng

75–100% shares
75–100% votes
Appoint directors
Significant control

Malaysian · England · Age 55

Cng Associates,, Solar House,, London, N12 8QJ

Notified 30/06/2016

CompanyRankvs 3982+ SIC 69201 peers
77

Financial strength88th percentile among SIC peers · 22/25
Employees31th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.42× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees5/15 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 31/08/2024

Net Worth

£114k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£114k

Working capital

Current Assets

£194k

Current Liabilities

£80k

Fixed Assets

£107

1avg. employees

Balance Sheet

Assets less current liabilities£114k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.42+£8k
20231.88+£74k
20221.19+£879
20211.19+£234
20201.33+£17k
20191.21+£5k
20181.11

Derived from filed accounts. Not audited figures.