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Nihao Ltd

14396636

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

189 CHESWICK DRIVE, NEWCASTLE UPON TYNE, NE3 5DS
Incorporated 04/10/2022

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 03/10/2025

Due 17/10/2026

On track

Industry

47250
Retail sale of beverages in specialised stores
47910
Retail sale via mail order houses or via Internet
56102
Unlicensed restaurants and cafes

Officers

Mr Bin Guo

director · Since 04/10/2022

GENERAL MANAGER

CHINESE · UNITED KINGDOM · Age 37

Persons with Significant Control

Mr Bin Guo

50–75% shares
50–75% votes
Appoint directors

Chinese · United Kingdom · Age 37

189, Cheswick Drive, Newcastle Upon Tyne, NE3 5DS

Notified 04/10/2022

Yanling Qiu

25–50% shares
25–50% votes

Chinese · United Kingdom · Age 40

99b, Second Avenue, Newcastle Upon Tyne, NE6 5XT

Notified 04/10/2022

CompanyRankvs 1862+ SIC 47250 peers
50

Financial strength62th percentile among SIC peers · 16/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.54× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees9/15 pts

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

Liquidity6/20 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 31/10/2024

Net Worth

£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£19k

Current Liabilities

£35k

Fixed Assets

£16k

3avg. employees+2

Balance Sheet

Assets less current liabilities£7k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20240.54+£14k
20230.18

Derived from filed accounts. Not audited figures.