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Union 3 Ltd

14396076

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

186 FRONT STREET, CHESTER LE STREET, DH3 3AZ
Incorporated 04/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56290
Other food service activities

Officers

Ms Mei Wang

director · Since 04/10/2022

GENERAL MANAGER

BRITISH · UNITED KINGDOM · Age 51

Also on 7 other boards

Mrs Xiaoyun Zhang

director · Since 04/10/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 3 other boards

Persons with Significant Control

Mrs Xiaoyun Zhang

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 57

1, Tynebank, Blaydon-On-Tyne, NE21 4RW

Notified 04/10/2022

Ms Mei Wang

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 51

173, Regent Farm Road, Newcastle Upon Tyne, NE3 3HE

Notified 04/10/2022

Former PSCs

Ms Xiaolan Yin

Ceased 28/09/2024

CompanyRankvs 17631+ SIC 56290 peers
29

Financial strength8th percentile among SIC peers · 2/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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17631Union 3 Ltd
28
How is this score calculated?
Financial strength2/25 pts

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

Employees6/15 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.

Longevity4/15 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 31/10/2025

Net Worth

-£36k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£51k

Working capital

Current Assets

£1k

Current Liabilities

£52k

Fixed Assets

£15k

1avg. employees

Balance Sheet

Assets less current liabilities-£36k
Signed by 1.11.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03+£0
20250.03-£11k
20240.20-£15k
20230.23—

Derived from filed accounts. Not audited figures.