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Mercia Lifting Gear Limited

01611229

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

0 MERCIA HOUSE, WILLENHALL, WV13 1QY
Incorporated 03/02/1982

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28220
Manufacture of lifting and handling equipment

Officers

Mr Michael David Clarke

director · Since 03/08/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 7 other boards

Mr Steven Peter Clarke

director · Since 03/08/2023

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 7 other boards

Persons with Significant Control

Mr Donald John William Mead

25–50% shares
25–50% votes

British · United Kingdom · Age 75

0, Mercia House, Willenhall, WV13 1QY

Notified 06/04/2016

Mr Michael David Clarke

Significant control

British · United Kingdom · Age 54

0, Mercia House, Willenhall, WV13 1QY

Notified 01/07/2024

Mr Steven Peter Clarke

Significant control

British · England · Age 58

0, Mercia House, Willenhall, WV13 1QY

Notified 01/07/2024

Former PSCs

Mr Ronald Christopher Clarke

Ceased 06/07/2023

Charges3 outstanding

charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 14/04/2009Registered 17/04/2009
charge
outstanding

ALEX. LAWRIE RECEIVABLES FINANCING LIMITED

Created 26/02/1996Registered 27/02/1996
charge
outstanding

LLOYDS BANK PLC

Created 06/08/1985Registered 09/08/1985

CompanyRankvs 196+ SIC 28220 peers
62

Financial strength67th percentile among SIC peers · 17/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.29× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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9Rubax Lifts Limited
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196Mercia Lifting Gear Limited
72
How is this score calculated?
Financial strength17/25 pts

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

Employees13/15 pts

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

Liquidity12/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/08/2024

Net Worth

£364k

Balance sheet strength

Cash

£40k

Cash in the bank

Net Current Assets

£304k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.1M

Fixed Assets

£80k

Debtors

£1.0M

26avg. employees-4

Tax at Year End

Corp tax£10k

Balance Sheet

Intangible assets£9k
Assets less current liabilities£385k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.29-£21k
20231.20-£16k
20221.29+£238k
20211.15+£79k
20201.22+£3k
20191.14—

Derived from filed accounts. Not audited figures.