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Phung Corporation Limited

10586434

active
ltd
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

50 Granby Row, Manchester, M1 7AY
Incorporated 26/01/2017

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 25/01/2026

Due 08/02/2027

On track

Industry

45111
Sale of new cars and light motor vehicles
70229
Management consultancy activities
74901
Environmental consulting activities

Officers

Mr David Phung

director · Since 26/01/2017

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 2 other boards

David Phung

director · Since 26/01/2017

British · England · Age 39

Former

Anna Phung

director · Resigned 22/10/2018

Jason Phung

director · Resigned 22/10/2018

Persons with Significant Control

Mr David Phung

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

British · England · Age 39

50, Granby Row, Manchester, M1 7AY

Notified 26/01/2017

Change History

officer appointedPHUNG, David
2026-08-24
statusactive
2026-08-24

Active

typeltd
2026-08-24

Private Limited Company

address line150 Granby Row
2026-08-24

50 GRANBY ROW

post townManchester
2026-08-24

MANCHESTER

CompanyRankvs 1202+ SIC 45111 peers
59

Financial strength47th percentile among SIC peers · 12/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 28.33× · 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 strength12/25 pts

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

Employees2/15 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 31/01/2026

Net Worth

£6k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

£30k

Working capital

Current Assets

£31k

Current Liabilities

£1k

Fixed Assets

£739

Debtors

£11k

0avg. employees-1

Balance Sheet

Bank loans & overdrafts£25k
Assets less current liabilities£31k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202628.33-£2k
202512.22+£22k
20248.00-£3k
20232.69

Derived from filed accounts. Not audited figures.