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Worldwide Group Corporation Limited

10825722

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

THE COPPER ROOM DEVA CITY OFFICE PARK, MANCHESTER, M3 7BG
Incorporated 19/06/2017

Compliance

Last accounts

31/03/2023

total exemption full

Next accounts due

31/12/2024

Overdue

Confirmation statement

Last: 05/06/2023

Due 19/06/2024

Overdue

Industry

56101
Licensed restaurants

Officers

Mr Pak Hei Chan

director · Since 22/05/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 32

Also on 1 other board

Persons with Significant Control

Mr Pak Hei Chan

75–100% shares

British · United Kingdom · Age 32

The Copper Room, Deva City Office Park, Manchester, M3 7BG

Notified 05/06/2020

Former PSCs

Ms Weiwei Gu

Ceased 05/06/2020

Insolvency History1 case

creditors voluntary liquidation16/08/2024

Gareth Hunt (practitioner) · David Norman Kaye (practitioner)

CompanyRankvs 15+ SIC 56101 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.18× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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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.

Employees0/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2023

Net Worth

£2k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£45k

Current Liabilities

£38k

Fixed Assets

£42k

Debtors

£13k

15avg. employees

Balance Sheet

Bank loans & overdrafts£29k
Assets less current liabilities£49k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20231.18

Derived from filed accounts. Not audited figures.