Chip Financial Group Ltd
10113174
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/12/2025
group
Next accounts due
30/09/2027
Confirmation statement
Last: 30/05/2026
Due 13/06/2027
Industry
Officers
director · Since 01/05/2018
DIRECTOR
BRITISH · UNITED KINGDOM
Also on 25 other boards
Former
director · Resigned 15/03/2023
Persons with Significant Control
Mr Simon Rabin
British · United Kingdom
Notified 08/04/2016
Charges1 outstanding
HSBC INNOVATION BANKING
SILICON VALLEY BANK
Change History
Active
CHIP FINANCIAL LTD
Private Limited Company
SIXTH FLOOR FORA MONTACUTE YARDS
LONDON
CompanyRankvs 9313+ SIC 64999 peers43
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty in relation to Going Concern We draw attention to the accounting policy in relation to going concern contained within the financial statements, which indicates that there is a material uncertainty relating to the ability o
Key FinancialsYear ending 31/12/2022
Turnover
£1.7M
Annual revenue
Net Worth
£6
Balance sheet strength
Cash
£6.8M
Cash in the bank
Profit Before Tax
-£15.0M
Bottom line earnings
Net Current Assets
£3.8M
Working capital
Current Assets
£9.3M
Current Liabilities
£5.5M
Fixed Assets
£141k
Debtors
£2.4M
Cost of Sales
£1.3M
Gross Profit
£392k
Admin Expenses
£15.4M
Operating Profit
-£15.0M
Profit After Tax
-£13.2M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2022 | 1.70 |
| 2021 | 4.88 |
Derived from filed accounts. Not audited figures.
Filing History100 filings
accounts with accounts type group
confirmation statement with updates
certificate change of name company
legacy
appoint person director company with name date
capital name of class of shares
capital allotment shares
capital variation of rights attached to shares
resolution
memorandum articles
confirmation statement with updates
accounts with accounts type full
appoint person director company with name date
accounts with accounts type full
confirmation statement with updates
appoint person director company with name date
capital allotment shares
resolution
resolution
resolution
resolution
resolution
mortgage satisfy charge full
mortgage create with deed with charge number charge creation date
change registered office address company with date old address new address
change person director company with change date
change person director company with change date
change person director company with change date
change to a person with significant control
confirmation statement with updates
change to a person with significant control
capital allotment shares
resolution
resolution
resolution
resolution
resolution
accounts with accounts type full
second filing capital allotment shares
termination director company with name termination date
accounts with accounts type full
confirmation statement with updates
resolution
resolution
resolution
resolution
resolution
resolution
resolution
resolution
memorandum articles
capital allotment shares
second filing capital allotment shares
second filing capital allotment shares
second filing capital allotment shares
change to a person with significant control
resolution
resolution
resolution
resolution
resolution
resolution
resolution
resolution
memorandum articles
resolution
capital allotment shares
capital allotment shares
capital allotment shares
capital allotment shares
capital allotment shares
capital allotment shares
confirmation statement with updates
accounts with accounts type full
appoint person director company with name date
appoint person director company with name date
change registered office address company with date old address new address
memorandum articles
resolution
capital allotment shares
capital allotment shares
confirmation statement with updates
capital allotment shares
accounts with accounts type total exemption full
change account reference date company previous shortened
memorandum articles
resolution
capital allotment shares
change registered office address company with date old address new address
capital allotment shares
accounts with accounts type total exemption full
legacy
second filing capital allotment shares
legacy
confirmation statement with updates
capital allotment shares
change registered office address company with date old address new address
mortgage create with deed with charge number charge creation date
capital allotment shares
appoint person director company with name date