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Next accounts due

2025-12-31

Overdue

Confirmation statement due

2026-10-09 (in 5mo)

Last made up 2025-09-25

Watchouts

2 items

Cash

£4M

-88% vs 2022

Net assets

-£7M

+9.4% vs 2022

Employees

1

-97.4% vs 2022

Profit before tax

£699K

+111.5% vs 2022

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

4-year trend · latest reflected 2023-12-31

Metric Trend 2020-06-302021-12-312022-12-312023-12-31
Turnover £141,367,898£2,603,064
Operating profit -£6,089,056£492,242
Profit before tax -£6,089,056£699,030
Net profit -£6,089,056£699,030
Cash £30,695,860£3,675,209
Total assets less current liabilities -£7,412,971-£6,713,941
Net assets -£7,412,971-£6,713,941
Equity -£11,860,283-£1,323,915-£7,412,971-£6,713,941
Average employees 381
Wages
Directors' remuneration

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. About these numbers

Year-on-year

FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2020-06-302021-12-312022-12-312023-12-31
Operating margin -4.3%18.9%
Net margin -4.3%26.9%
Return on capital employed 82.1%-7.3%
Current ratio 0.94x0.42x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Cox Costello & Horne
Audit opinion
Unqualified (clean)
Going concern
Material uncertainty disclosed

“We draw attention to Note 2 to the financial statements which explains that the director intends to liquidate the company and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern as described in Note 2.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

1 active · 5 resigned

Name Role Appointed Born Nationality
YANG, Runyu Director 2021-09-10 Oct 1981 Chinese
Show 5 resigned officers
Name Role Appointed Resigned
CHO, Kevin Chia-Lun Director 2020-01-23 2022-04-01
HOU, Yuchen Director 2018-02-23 2020-09-28
LIN, Yunzhi Director 2018-02-23 2020-09-28
YOU, Hui Director 2018-02-23 2020-09-28
ZHAO, Yanfeng Director 2018-02-23 2020-09-28

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Sky Royal Trading Limited Corporate entity Shares 75–100% 2020-09-28 Active
Mr Yuchen Hou Individual Voting 75–100% 2018-02-23 Ceased 2020-09-28

Filing timeline

Last 20 of 41 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-02-11 RESOLUTIONS Resolution
  • 2025-06-03 RESOLUTIONS Resolution
Date Type Category Description
2026-02-19 SH19 capital Capital statement capital company with date currency figure
2026-02-19 CAP-SS insolvency Legacy
2026-02-11 RESOLUTIONS resolution Resolution
2025-09-25 CS01 confirmation-statement Confirmation statement with updates PDF
2025-06-03 SH19 capital Capital statement capital company with date currency figure
2025-06-03 CAP-SS insolvency Legacy
2025-06-03 RESOLUTIONS resolution Resolution
2024-10-08 CS01 confirmation-statement Confirmation statement with updates PDF
2024-09-29 AA accounts Accounts with accounts type full PDF
2024-08-29 SH01 capital Capital allotment shares PDF
2024-07-04 AA accounts Accounts with accounts type full PDF
2024-05-09 CH01 officers Change person director company with change date PDF
2023-10-25 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-25 AD01 address Change registered office address company with date old address new address PDF
2023-07-10 AA accounts Accounts with accounts type full
2023-03-22 DISS40 gazette Gazette filings brought up to date
2023-02-28 GAZ1 gazette Gazette notice compulsory
2022-10-31 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-07-26 TM01 officers Termination director company with name termination date PDF
2022-06-07 MR04 mortgage Mortgage satisfy charge full PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
7

last 12 months

Capital events
3

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page