MING YU LTD

Executive Summary

MING YU LTD is a micro-entity food services business recently established with modest positive net assets and no regulatory compliance issues to date. The company’s limited financial history and small capital base suggest a cautious approach, but current liquidity and operational activity indicate initial stability. Further due diligence is needed to evaluate ongoing sustainability and governance structure.

MING YU LTD - Analysis Report

Company Number: 14849679

Analysis Date: 2025-07-29 18:00 UTC

1. Risk Rating: LOW to MEDIUM
   MING YU LTD is a newly incorporated micro-entity with modest net current assets and no overdue filings. Its financials show positive working capital, and the company is compliant with reporting requirements. However, limited financial history and small asset base warrant cautious monitoring.

2. Key Concerns:

• Limited Financial History: Incorporated in May 2023 with only one year of accounts, limiting trend analysis and financial performance insight.
• Modest Net Asset Base: Net assets and shareholders’ funds stand at £1,621, indicating minimal capital buffer to absorb unexpected losses or financial stress.
• Concentration of Control: A single director and 75-100% ownership by Mr. Youhao Xue may pose governance risks due to lack of diversity in management and oversight.

3. Positive Indicators:

• Compliance: No overdue accounts or confirmation statements, indicating good regulatory compliance.
• Positive Net Current Assets: Current assets exceed current liabilities by £1,621, suggesting short-term liquidity is adequate at present.
• Operational Activity: The company employs 4 staff, which suggests active trading rather than dormancy.

4. Due Diligence Notes:

• Verify detailed cash flow and profit & loss figures to assess operational sustainability beyond balance sheet snapshots.
• Review contracts, customer base, and business model within the ‘Other food services’ sector (SIC 56290) for revenue stability and growth prospects.
• Confirm the background and reputation of the sole director/shareholder, including any undisclosed litigation or regulatory actions.