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Cigtronica Limited

08209135

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 2 HOLLOWAY DRIVE HUNTER HOUSE, MANCHESTER, M28 2LA
Incorporated 11/09/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade
47789
Other retail sale of new goods in specialised stores

Officers

Mr Hing Fung Wong

director · Since 11/09/2012

ENTREPRENEUR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Mr Hing Fung Wong

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

British · England · Age 52

Unit 2, Holloway Drive Hunter House, Manchester, M28 2LA

Notified 06/04/2016

CompanyRankvs 17958+ SIC 46900 peers
25

Financial strength1th percentile among SIC peers · 0/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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17958Cigtronica Limited
34
How is this score calculated?
Financial strength0/25 pts

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

Employees4/15 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.

Longevity14/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

from the directors and related companies. However, the director is aware of certain material uncertainties which may cause doubt on the company's ability to continue as a going concern. 1.3 Cash and cash equivalents Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original matur

Key FinancialsYear ending 30/04/2025

Net Worth

-£402k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£401k

Working capital

Current Assets

£19k

Current Liabilities

£421k

Debtors

£4k

0avg. employees-1

Tax at Year End(2020)

Corp tax£0
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.05-£3k
20240.07-£7k
20230.26-£10k
20220.04-£6k
20210.51-£14k
20200.56+£4k
20190.52-£469k
20181.21—

Derived from filed accounts. Not audited figures.