Back to search

Music Box Karaoke Limited

06610510

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

TREASURE HOUSE GREENGATE IND PK GREENSIDE WAY, MANCHESTER, M24 1SW
Incorporated 04/06/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56301
Licensed clubs

Officers

Mrs Fong Ching Yip

director · Since 17/01/2017

DIRECTOR

BRITISH · ENGLAND · Age 66

Mr Jason Kan Wai Yip

director · Since 23/11/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Also on 3 other boards

Persons with Significant Control

Chi Yip Holdings Limited

75–100% shares

Treasure House, Greenside Way, Manchester, M24 1SW

Reg: 06235211 · Uk · Limited

Notified 23/08/2018

Mrs Fong Ching Yip

Appoint directors

British · England · Age 66

Treasure House Greengate Ind Pk, Greenside Way, Manchester, M24 1SW

Notified 23/08/2018

Former PSCs

Mr Jackon Lui

Ceased 21/08/2018

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 16/07/2020Registered 17/07/2020
charge
satisfied

BANK OF CHINA (UK) LIMITED

Created 04/06/2009Registered 12/06/2009Satisfied 06/07/2020

CompanyRankvs 401+ SIC 56301 peers
53

Financial strength58th percentile among SIC peers · 14/25
Employees47th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.45× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength14/25 pts

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

Employees7/15 pts

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

Liquidity12/20 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 31/05/2025

Net Worth

£4k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£4k

Working capital

Current Assets

£14k

Current Liabilities

£10k

2avg. employees

Balance Sheet

Assets less current liabilities£4k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.45+£0
20251.45-£19k
20243.62-£91k
20231.48+£137k
20221.36+£195k
20211.87-£187k
20201.19-£9k
20190.64

Derived from filed accounts. Not audited figures.