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Wings Asset Management Limited

12714236

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • 6 outstanding charges (-10)

Details

5 MARGARET ROAD, ROMFORD, RM2 5SH
Incorporated 02/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Kun Tat Lee

director · Since 02/07/2020

BUSINESS PERSON

HONG KONGER · HONG KONG · Age 50

Ching Yip

director · Since 30/01/2023

DIRECTOR

CHINESE · HONG KONG · Age 51

Persons with Significant Control

Mr Kun Tat Lee

Significant control

Hong Konger · Hong Kong · Age 50

5, Margaret Road, Romford, RM2 5SH

Notified 02/07/2020

Charges6 outstanding

Charge
outstanding

STANDARD CHARTERED BANK, JERSEY BRANCH

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Charge
outstanding

ARBUTHNOT LATHAM & CO., LIMITED

Created 07/03/2023Registered 13/03/2023
Charge
outstanding

ARBUTHNOT LATHAM & CO., LIMITED

Created 07/03/2023Registered 13/03/2023
Charge
outstanding

ARBUTHNOT LATHAM & CO., LIMITED

Created 07/03/2023Registered 13/03/2023
Charge
outstanding

STANDARD CHARTERED BANK

Created 03/02/2023Registered 13/02/2023
Charge
outstanding

STANDARD CHARTERED BANK

Created 21/10/2022Registered 24/10/2022
Charge
satisfied

HSBC UK BANK PLC

Created 26/02/2021Registered 01/03/2021Satisfied 15/03/2023
Charge
satisfied

HSBC UK BANK PLC

Created 30/11/2020Registered 07/12/2020Satisfied 15/03/2023
Charge
satisfied

HSBC UK BANK PLC

Created 30/11/2020Registered 07/12/2020Satisfied 15/03/2023
Charge
satisfied

HSBC UK BANK PLC

Created 30/11/2020Registered 07/12/2020Satisfied 15/03/2023
Charge
satisfied

HSBC UK BANK PLC

Created 30/11/2020Registered 04/12/2020Satisfied 15/03/2023

CompanyRankvs 116587+ SIC 68100 peers
27

Financial strength2th percentile among SIC peers · 1/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.29× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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116587Wings Asset Management Limited
36
How is this score calculated?
Financial strength1/25 pts

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

Employees3/15 pts

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

Liquidity12/20 pts

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

Longevity6/15 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 31/12/2025

Net Worth

-£208k

Balance sheet strength

Cash

£179k

Cash in the bank

Net Current Assets

£44k

Working capital

Current Assets

£200k

Current Liabilities

£155k

Fixed Assets

£11.2M

Debtors

£21k

0avg. employees-1

Balance Sheet

Bank loans & overdrafts£3.9M
Assets less current liabilities£11.2M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.29+£117k
20242.07-£565k
202320.23+£83k
20222.43+£118k
202120.51—

Derived from filed accounts. Not audited figures.