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Hing'S Palace Limited

12186773

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)

Details

129 ALLENBY ROAD, LEEDS, LS11 5RR
Incorporated 03/09/2019

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 02/09/2025

Due 16/09/2026

On track

Industry

56101
Licensed restaurants

Officers

Mr Hing Wong Ng

director · Since 03/09/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 3 other boards

Persons with Significant Control

Mr Hing Wong Ng

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 64

27, London Road, Sheffield, S2 4LA

Notified 03/09/2019

CompanyRankvs 4398+ SIC 56101 peers
69

Financial strength86th percentile among SIC peers · 22/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 9.15× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees5/15 pts

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

Liquidity20/20 pts

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

Longevity7/15 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£96k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

£42k

Working capital

Current Assets

£47k

Current Liabilities

£5k

Fixed Assets

£114k

Debtors

£16k

2avg. employees

Balance Sheet

Bank loans & overdrafts£16k
Assets less current liabilities£156k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20249.15-£30k
202311.51-£9k
20225.64+£58k
20212.43+£43k
20204.26

Derived from filed accounts. Not audited figures.