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Chi Lam Wealth Management Ltd

06709720

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

98 BRISTOL ROAD, BIRMINGHAM, B5 7XH
Incorporated 29/09/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Kin Bong Lam

director · Since 29/09/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 11 other boards

Persons with Significant Control

Coronation International Holdings Ltd

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

98 Bristol Road, Birmingham, B5 7XH

Reg: 10860633 · Uk Register Of Companies · Limited Company

Notified 24/10/2017

Former PSCs

Mr Kin Bong Lam

Ceased 24/10/2017

Charges3 outstanding

Charge
outstanding

THE BANK OF EAST ASIA LIMITED

Created 20/11/2013Registered 22/11/2013
Charge
outstanding

THE BANK OF EAST ASIA LIMITED

Created 20/11/2013Registered 22/11/2013
charge
satisfied

THE BANK OF EAST ASIA LIMITED

Created 10/05/2010Registered 19/05/2010Satisfied 22/12/2017
charge
satisfied

THE BANK OF EAST ASIA LIMITED

Created 10/05/2010Registered 19/05/2010Satisfied 17/04/2025
charge
satisfied

THE BANK OF EAST ASIA LIMITED

Created 10/05/2010Registered 19/05/2010Satisfied 22/08/2024
charge
satisfied

THE BANK OF EAST ASIA LIMITED

Created 10/05/2010Registered 19/05/2010Satisfied 22/12/2017
charge
satisfied

THE BANK OF EAST ASIA LIMITED

Created 10/05/2010Registered 19/05/2010Satisfied 22/08/2024
charge
satisfied

THE BANK OF EAST ASIA, LIMITED

Created 19/03/2010Registered 31/03/2010Satisfied 17/04/2025
charge
satisfied

THE BANK OF EAST ASIA, LIMITED

Created 19/03/2010Registered 31/03/2010Satisfied 17/04/2025
charge
satisfied

THE BANK OF EAST ASIA LIMITED

Created 15/01/2010Registered 20/01/2010Satisfied 22/12/2017
charge
outstanding

THE BANK OF EAST ASIA

Created 31/07/2009Registered 06/08/2009
charge
satisfied

THE BANK OF EAST ASIA

Created 31/07/2009Registered 06/08/2009Satisfied 22/08/2024

CompanyRankvs 47002+ SIC 82990 peers
53

Financial strength98th percentile among SIC peers · 25/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.13× · 2/20
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 strength25/25 pts

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

Employees6/15 pts

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

Liquidity2/20 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 31/12/2024

Net Worth

£2.3M

Balance sheet strength

Cash

£76k

Cash in the bank

Net Current Assets

-£736k

Working capital

Current Assets

£108k

Current Liabilities

£844k

Fixed Assets

£3.4M

Debtors

£33k

1avg. employees

Tax at Year End(2019)

Corp tax£8k

Balance Sheet

Assets less current liabilities£2.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.13+£675
20230.08-£41k
20220.18+£951
20210.24+£339
20200.25-£416
20191.87-£30k
20182.22

Derived from filed accounts. Not audited figures.