Jung Associates Ltd
10902976
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Ming-Chi Chin
Taiwanese · United Kingdom · Age 35
Room 705, Unit 1-3, London, NW10 7PR
Notified 20/11/2018
Former PSCs
Director Ming-Chi Chin
Ceased 02/01/2018
Ms Ellen Wu Jan
Ceased 13/08/2018
CompanyRankvs 153148+ SIC 70229 peers35
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2024
Net Worth
-£221k
Balance sheet strength
Cash
£8k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£834k
Fixed Assets
£25k
Debtors
£471k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | — | +£74k |
| 2023 | 0.30 | -£24k |
| 2022 | 0.20 | -£23k |
| 2021 | 0.05 | — |
Derived from filed accounts. Not audited figures.