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Midea Home Appliances Uk Ltd

11309511

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

5 NEW STREET SQUARE, LONDON, EC4A 3TW
Incorporated 13/04/2018

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/04/2025

Due 26/04/2026

Overdue

Industry

82990
Other business support service activities

Officers

Taylor Wessing Secretaries Limited

secretary · Since 13/04/2018

BRITISH

Also on 1085 other boards

Winston Taylor Secretaries Limited

corporate secretary · Since 13/04/2018

BRITISH

Ka Ming Larry Yuen

director · Since 17/09/2025

DIRECTOR

CHINESE · CHINA · Age 54

CompanyRankvs 87261+ SIC 82990 peers
42

Financial strength84th percentile among SIC peers · 21/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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87261Midea Home Appliances Uk Ltd
48
How is this score calculated?
Financial strength21/25 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.

Liquidity6/20 pts

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

Longevity8/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to g

Key FinancialsYear ending 31/12/2024

Net Worth

£100k

Balance sheet strength

Cash

£4.4M

Cash in the bank

Profit Before Tax

£144k

Bottom line earnings

Net Current Assets

-£261k

Working capital

Current Assets

£17.6M

Current Liabilities

£17.9M

Fixed Assets

£40k

Debtors

£5.6M

Cost of Sales

£23.9M

Admin Expenses

£1.4M

Profit After Tax

£139k

0avg. employees-10

People Costs

Wages & salaries£834k

Balance Sheet

Assets less current liabilities-£221k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.99+£461k
20230.97—

Derived from filed accounts. Not audited figures.