Merchant Finance Limited
02136867
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Previously known as
Compliance
Last accounts
31/08/2025
micro entity
Next accounts due
31/05/2027
Confirmation statement
Last: 23/01/2026
Due 06/02/2027
Industry
Officers
secretary · Since 19/01/2024
director · Since 19/01/2024
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 73
Also on 4 other boards
secretary · Since 19/01/2024
Former
secretary · Resigned 15/08/1994
director · Resigned 31/05/1998
secretary · Resigned 25/01/2002
director · Resigned 27/01/2003
director · Resigned 06/01/2009
secretary · Resigned 06/01/2009
secretary · Resigned 06/09/2022
director · Resigned 19/01/2024
Persons with Significant Control
Mr Simon Jonathan Djanogly
British · England · Age 43
C/O K&D Capital Partners Lp, 12 St. James's Place, London, SW1A 1NP
Notified 19/01/2024
Mr David Simon Djanogly
British · England · Age 40
C/O K&D Capital Partners Lp, 12 St. James's Place, London, SW1A 1NP
Notified 19/01/2024
Charges2 outstanding
OAKNORTH BANK PLC
OAKNORTH BANK PLC
Change History
Active
Private Limited Company
2 BEACON END COURTYARD LONDON ROAD
COLCHESTER
CO3 0NU
CompanyRankvs 9503+ SIC 32990 peers26
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Notes to the financial statements 1 Employees The average number of persons , including directors , employed by the company during the year wa s as follows: 2025 2024 Number Number Employees 3 3 2 Going concern These financial statements have been prepared on a going concern basis. The director has made an assessment of the company’s ability to continue as a going concern and is satisfied that the
Key FinancialsYear ending 31/08/2025
Net Worth
-£111k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£77k
Working capital
Current Assets
£3.0M
Current Liabilities
£3.1M
Fixed Assets
£675k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.98 | -£192k |
| 2024 | — | +£0 |
Derived from filed accounts. Not audited figures.