Yung Group Ltd
14557297
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/12/2022
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 24
Also on 13 other boards
Persons with Significant Control
Mr Eren Ince
British · England · Age 24
8, Causton Square, Dagenham, RM10 9HB
Notified 23/12/2022
CompanyRankvs 17005+ SIC 62012 peers52
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
g Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements are presented in sterling (£), which is also the functional currency of the company. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/12/2024
Net Worth
£9k
Balance sheet strength
Cash
£134
Cash in the bank
Net Current Assets
£8k
Working capital
Current Assets
£11k
Current Liabilities
£3k
Fixed Assets
£329
Debtors
£11k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 4.22 | +£4k |
| 2023 | 2.44 | — |
Derived from filed accounts. Not audited figures.