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Horay Limited

11399231

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

23 ARGYLE STREET, LIVERPOOL, L1 5BL
Incorporated 05/06/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Dr Hay Yueng Cheung

director · Since 05/06/2018

DIRECTOR

ENGLISH · ENGLAND · Age 46

Also on 1 other board

Mrs Ho Wan Teresa Cheung

director · Since 05/06/2018

DIRECTOR

ENGLISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Dr Hay Yueng Cheung

Significant control

English · England · Age 46

Apartment 47, 3 St. Pauls Square, Liverpool, L3 9RY

Notified 05/06/2018

Charges3 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 24/09/2020Registered 24/09/2020
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 27/02/2020Registered 05/03/2020
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 27/02/2020Registered 05/03/2020

CompanyRankvs 104006+ SIC 68209 peers
42

Financial strength59th percentile among SIC peers · 15/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength15/25 pts

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

Employees12/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£10k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£22k

Working capital

Current Assets

£1k

Current Liabilities

£23k

Fixed Assets

£77k

2avg. employees

Director Loans(2020)

Company owes directors£77k

Balance Sheet

Assets less current liabilities£55k
Signed by Dr Raymond Hay Yueng Cheung Mrs Ho Wan Teresa Cheung 17 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06+£5k
20240.02+£3k
20230.09+£5k
20220.10+£812
20210.48
20190.00

Derived from filed accounts. Not audited figures.