Sing Kee Group Limited

Sing Kee Group Ltd, based in Leeds, UK, is a holding company with an active status, celebrating 20 years since its founding. The company holds £330,583 in assets and operates from a real address at 30 Cross Stamford Street. With two directors and a solo founder, the business is owned by Ly Quoc Thanh. It runs an e-commerce site and has a strong Google rating of 4.0 based on 263 reviews, reflecting positive customer experiences. The company regularly imports meat, fish, and seafood preparations, with 20 months of import activity recorded, the last operation occurring in January 2025.

Beyond its role as a holding company, Sing Kee Group Ltd is also a Chinese supermarket. Its website showcases a wide range of products, from noodles and rice to frozen foods and herbs, catering to the Asian food market. The site actively promotes its selection of brands and offers recipes and blog content to engage customers. The business even has a wholesale section, suggesting it supplies to other retailers.

Financially, Sing Kee Group Ltd presents a mixed picture. Current assets have significantly decreased by 62%, dropping to £330,000—a substantial decline. Bank borrowings have surged by 310%, reaching £510,000, and cash reserves have plummeted 89%, leaving just £4,500 available. On a brighter note, creditors have decreased by 54%, indicating improved debt management. The company’s administrative expenses increased by 24%, reflecting potential investments in operations. The lack of an auditor mentioned suggests it’s exempt as a small company, and the figures are unaudited.

The sharp decrease in assets and cash reserves, combined with increased borrowings, raises concerns about the company’s financial health. However, the decrease in creditors suggests the business is managing its liabilities effectively. The company’s e-commerce presence and strong customer reviews indicate a viable business model, but the financial pressures need to be addressed to ensure long-term sustainability.

Registered in England/Wales under the registration number 05316616, with a registered address at LS7 1BA, Leeds, West Yorkshire, 30 Cross Stamford Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.