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Mercia Garden Products Limited

00382248

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

OLD GREAT NORTH ROAD OLD GREAT NORTH ROAD, NEWARK, NG23 6QN
Incorporated 17/08/1943

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16290
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials

Officers

Mr James William Owen

director · Since 14/03/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 7 other boards

Mr Jordon Ashley Munro

director · Since 19/05/2026

BRITISH · ENGLAND · Age 32

Also on 5 other boards

Persons with Significant Control

Rosimian Limited

75–100% shares

3rd Floor, Cumberland House, Cumberland Place, Southampton, SO15 2BG

Notified 29/04/2016

Charges4 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 30/05/2025Registered 02/06/2025
Charge
outstanding

CYNERGY BUSINESS FINANCE LIMITED

Created 14/03/2025Registered 19/03/2025
Charge
outstanding

CYNERGY BUSINESS FINANCE LIMITED

Created 14/03/2025Registered 19/03/2025
Charge
outstanding

CYNERGY BUSINESS FINANCE LIMITED

Created 14/03/2025Registered 18/03/2025
Charge
satisfied

HSBC BANK PLC

Created 29/04/2016Registered 29/04/2016Satisfied 25/02/2022
charge
satisfied

HSBC BANK PLC

Created 15/12/2011Registered 20/12/2011Satisfied 25/02/2022
charge
satisfied

HSBC BANK PLC

Created 15/12/2011Registered 20/12/2011Satisfied 25/02/2022
charge
satisfied

HSBC BANK PLC

Created 07/01/2011Registered 12/01/2011Satisfied 25/02/2022
charge
satisfied

HSBC BANK PLC

Created 17/02/2005Registered 23/02/2005Satisfied 02/04/2019
charge
satisfied

CLOSE INVESTMENT PARTNERS LIMITED (SECURITY TRUSTEE)

Created 17/02/2005Registered 23/02/2005Satisfied 13/02/2008
charge
satisfied

HSBC BANK PLC

Created 17/02/2005Registered 23/02/2005Satisfied 17/03/2025
charge
satisfied

HSBC BANK PLC

Created 04/02/2004Registered 06/02/2004Satisfied 01/04/2019
charge
satisfied

MIDLAND BANK PLC

Created 15/06/1988Registered 22/06/1988Satisfied 25/02/2022
charge
satisfied

MIDLAND BANK PLC

Created 14/08/1961Registered 21/08/1961Satisfied 01/04/2019

CompanyRankvs 131+ SIC 16290 peers
66

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.57× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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131Mercia Garden Products Limited
82
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/08/2024

Net Worth

£10.5M

Balance sheet strength

Cash

£2.7M

Cash in the bank

Profit Before Tax

-£625k

Bottom line earnings

Net Current Assets

£6.9M

Working capital

Current Assets

£18.9M

Current Liabilities

£12.0M

Fixed Assets

£3.6M

Debtors

£11.4M

Cost of Sales

£11.7M

Admin Expenses

£2.9M

Profit After Tax

-£543k

154avg. employees

Tax at Year End

Dividends paid£300k

People Costs

Wages & salaries£5.0M

Balance Sheet

Assets less current liabilities£10.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20241.57

Derived from filed accounts. Not audited figures.