Rich & Mi Limited
11132951
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/01/2018
DIRECTOR
SOUTH KOREAN · ENGLAND · Age 53
Also on 3 other boards
Persons with Significant Control
Mr Chan Soon Park
South Korean · England · Age 53
5, The Rushes, Loughborough, LE11 5BE
Notified 21/01/2022
Former PSCs
Mr Chan Soon Park
Ceased 31/05/2020
Mr Sung Chul Lim
Ceased 13/12/2019
Mrs Yunjin Oh
Ceased 21/01/2022
CompanyRankvs 24744+ SIC 56101 peers34
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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 31/01/2025
Net Worth
-£370k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£383k
Working capital
Current Assets
£13k
Current Liabilities
£395k
Fixed Assets
£47k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.03 | -£230k |
| 2024 | 0.04 | -£61k |
| 2023 | — | +£64k |
| 2022 | — | -£61k |
| 2021 | — | -£38k |
| 2020 | 0.01 | — |
Derived from filed accounts. Not audited figures.