Chofung Company Limited
13274629
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Sai Kwong Hubert Lung
British · Hong Kong · Age 69
46/47, 5th Floor, The Whitehouse, Birmingham, B2 4EU
Notified 18/03/2021
Yin Ping Tsang
British · Hong Kong · Age 69
46/47, 5th Floor, The Whitehouse, Birmingham, B2 4EU
Notified 18/03/2021
CompanyRankvs 108294+ SIC 68100 peers38
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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.
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
-£9k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£311k
Working capital
Current Assets
£2k
Current Liabilities
£313k
Fixed Assets
£305k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.01 | +£4k |
| 2024 | 0.00 | +£2k |
| 2023 | 0.07 | -£2k |
| 2022 | 0.00 | — |
Derived from filed accounts. Not audited figures.