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Myp Innovation Limited

10029938

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

22 INDIANAPOLIS GARDENS, WOLVERHAMPTON, WV10 6GU
Incorporated 26/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Man Kit Pang

director · Since 26/02/2016

DIRECTOR

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Mr Man Kit Pang

75–100% shares
75–100% votes

British · England · Age 36

22, Indianapolis Gardens, Wolverhampton, WV10 6GU

Notified 06/04/2016

Former PSCs

Mr Cherk Yuen Pang

Ceased 01/03/2019

Ply Group Limited

Ceased 01/08/2024

CompanyRankvs 9378+ SIC 47910 peers
69

Financial strength94th percentile among SIC peers · 24/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 3.22× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees0/15 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.

Longevity10/15 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 30/06/2025

Net Worth

£70k

Balance sheet strength

Cash

£74k

Cash in the bank

Net Current Assets

£71k

Working capital

Current Assets

£103k

Current Liabilities

£32k

Fixed Assets

£2k

Debtors

£4k

Balance Sheet

Assets less current liabilities£73k
Signed by M K Pang 31 March 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.22+£0
20253.22-£17k
20242.69+£18k
20233.28+£55k
20222.54-£3k
20212.35

Derived from filed accounts. Not audited figures.