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Midland Mercantile Finance Limited

02245753

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 10 outstanding charges (-10)

Details

263 BROMFORD LANE, BIRMINGHAM, B8 2SG
Incorporated 19/04/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64921
64921

Officers

Mark Paul Hunt

director · Since 29/07/1991

MOTOR DEALER

BRITISH · UNITED KINGDOM · Age 63

Also on 8 other boards

Persons with Significant Control

Mr Mark Paul Hunt

75–100% shares

British · United Kingdom · Age 63

263, Bromford Lane, Birmingham, B8 2SG

Notified 01/07/2016

Charges10 outstanding

Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 27/01/2022Registered 01/02/2022Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 31/01/2022Registered 01/02/2022Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 13/01/2022Registered 18/01/2022Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 17/01/2022Registered 18/01/2022Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 09/12/2021Registered 13/12/2021Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 03/12/2021Registered 13/12/2021Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 29/01/2020Registered 04/02/2020Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 31/01/2020Registered 04/02/2020Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 12/12/2018Registered 19/12/2018Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 18/12/2018Registered 19/12/2018Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 09/07/2018Registered 27/07/2018Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 11/07/2018Registered 24/07/2018Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 11/12/2017Registered 13/12/2017Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 11/12/2017Registered 13/12/2017Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 19/09/2017Registered 26/09/2017Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 21/09/2017Registered 26/09/2017Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 18/08/2017Registered 21/08/2017Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 15/08/2017Registered 21/08/2017Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 23/06/2017Registered 04/07/2017Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 30/06/2017Registered 03/07/2017Satisfied 04/02/2025
Charge
satisfied

ASSET ADVANTAGE LIMITED

Created 27/06/2017Registered 27/06/2017Satisfied 04/02/2025
Charge
satisfied

ARKLE FINANCE LIMITED

Created 24/03/2017Registered 30/03/2017Satisfied 19/10/2022
Charge
outstanding

LLOYDS BANK PLC

Created 20/09/2016Registered 21/09/2016
Charge
outstanding

LLOYDS BANK PLC

Created 20/09/2016Registered 20/09/2016
Charge
satisfied

LLOYDS BANK PLC

Created 25/08/2016Registered 05/09/2016Satisfied 24/07/2019
Charge
outstanding

LLOYDS BANK PLC

Created 25/08/2016Registered 05/09/2016
Charge
outstanding

LLOYDS BANK PLC

Created 25/08/2016Registered 05/09/2016
Charge
outstanding

HAMPSHIRE TRUST BANK PLC

Created 03/09/2015Registered 03/09/2015
charge
outstanding

SIEMENS FINANCIAL SERVICES LIMITED

Created 27/11/2008Registered 28/11/2008
charge
outstanding

KINGSTON ASSET FINANCE LIMITED

Created 23/06/2008Registered 05/07/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/08/2000Registered 12/08/2000Satisfied 17/11/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/08/2000Registered 12/08/2000Satisfied 17/11/2012
charge
satisfied

ALAN GUY STEEL ENTERPRISES LIMITED

Created 23/12/1999Registered 13/01/2000Satisfied 01/07/2000
charge
satisfied

HILLESDEN SECURITIES LIMITED

Created 27/04/1999Registered 07/05/1999Satisfied 17/11/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/11/1996Registered 03/12/1996Satisfied 17/11/2012
charge
outstanding

MERIDEN FINANCE LIMITED

Created 13/02/1995Registered 15/02/1995
charge
outstanding

HITACHI CREDIT (U.K.) PLC

Created 16/03/1993Registered 19/03/1993
charge
outstanding

BARCLAYS BANK PLC

Created 06/02/1990Registered 21/02/1990

CompanyRankvs 220+ SIC 64921 peers
59

Financial strength84th percentile among SIC peers · 21/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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220Midland Mercantile Finance Limited
65
How is this score calculated?
Financial strength21/25 pts

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

Employees12/15 pts

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

Liquidity6/20 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 31/03/2025

Net Worth

£867k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

-£827k

Working capital

Current Assets

£1.2M

Current Liabilities

£2.0M

Fixed Assets

£2.6M

Debtors

£1.2M

3avg. employees

Tax at Year End(2017)

Dividends paid£150k

Balance Sheet

Assets less current liabilities£1.8M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.59-£84k
20240.99-£419k
20231.05-£4k
20221.41+£26k
20211.36+£33k
20201.22+£38k
20191.23+£39k
20171.62—

Derived from filed accounts. Not audited figures.