CK WAIMAI LIMITED

🌿Early-stageactive
NI687003 · ltd · incorporated 2022-03-29
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£-125.2k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: SIC 10620
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 76/100 (strong), bankability 70/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £125,239

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£125k
↓ 38% YoY
Current Assets
£32k
↓ 20% YoY
Current Liabilities
-£125k-£92k-£59k-£26k£7k£39kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£37.3k£-23.6k
Current assets£31.5k£39.5k
Net assets£-125.2k£-90.5k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 2 confirmation-statement
Last 180 days
3
filings
  • 2 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-09-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-09-11
    NG, Henry Chi Keung appointed
    director
  4. 2025-09-04
    NG, Henry Chi Keung resigned
    director
  5. 2025-09-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2025-09-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2025-09-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-06-17
    NG, Christopher Daniel appointed
    director
  9. 2025-06-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2024-12-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-06-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2022-03-29
    🏢
    Company incorporated
    As CK WAIMAI LIMITED
  14. 2022-03-29
    NG, Henry Chi Keung appointed
    director
  15. 2022-03-29
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Christopher Daniel Ng
Individual · British · DOB 02/1990 · age 36
5075%
50–75%50-75% shares · 50-75% voting04/09/2025
Mr Henry Chi Keung Ng
Individual · British · DOB 04/1964 · age 62
2550%
25–50%25-50% shares · 25-50% voting29/03/2022

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

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Company details

Statusactive
Typeltd
Incorporated2022-03-29
Jurisdictionnorthern-ireland
Primary SIC10620 — SIC 10620

Registered office

Saba Industrial Park
Unit 9, 16 Balloo Avenue
Bangor
Co Down
BT19 7QT
Northern Ireland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31

Officers (2 active · 1 resigned)

NG, Christopher Daniel
director · ~36y · appointed 2025-06-17
View their other companies + combined net worth →
Active
NG, Henry Chi Keung
director · ~62y · appointed 2025-09-11
View their other companies + combined net worth →
Active
NG, Henry Chi Keung
director · ~62y · appointed 2022-03-29 · resigned 2025-09-04
Resigned

Click a director name to see their full track record across all companies.

Recent filings (18 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-17
appoint-person-director-company-with-name-date
officers · AP01
2025-09-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-09-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-04
termination-director-company-with-name-termination-date
officers · TM01
2025-09-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-02
appoint-person-director-company-with-name-date
officers · AP01
2025-06-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-23