Pingress Limited
12724455
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Lai Ping Chan
Hong Konger · United Kingdom · Age 49
C/O Burton Varley Ltd, Suite 3, 2nd Floor, Didsbury House, Manchester, M20 2DW
Notified 06/07/2020
Mr King Fung Yip
Hong Konger · England · Age 48
C/O Burton Varley Ltd, Suite 3, 2nd Floor, Didsbury House, Manchester, M20 2DW
Notified 22/09/2023
Charges2 outstanding
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ARBUTHNOT LATHAM & CO., LIMITED
ARBUTHNOT LATHAM & CO., LIMITED
ARBUTHNOT LATHAM & CO., LIMITED
ARBUTHNOT LATHAM & CO., LIMITED
ARBUTHNOT LATHAM & CO., LIMITED
ARBUTHNOT LATHAM & CO LIMITED
ARBUTHNOT LATHAM & CO LIMITED
ARBUTHNOT LATHAM & CO LIMITED
CompanyRankvs 50813+ SIC 68100 peers44
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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.
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 31/07/2025
Net Worth
£159k
Balance sheet strength
Cash
£31k
Cash in the bank
Net Current Assets
£945k
Working capital
Current Assets
£37k
Current Liabilities
£982k
Fixed Assets
£2.1M
Debtors
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.04 | +£94k |
| 2024 | 0.06 | +£61k |
| 2023 | 0.09 | +£3k |
| 2022 | 0.09 | -£7k |
| 2021 | 0.13 | — |
Derived from filed accounts. Not audited figures.