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Land Mercantile Limited

02256301

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

FIRST FLOOR, KIRKLAND HOUSE, HARROW, HA1 2AX
Incorporated 11/05/1988

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 25/11/2024

Due 09/12/2025

Overdue

Industry

66110
Administration of financial markets
68209
Other letting and operating of own or leased real estate

Officers

Mrs Maya Gangaramani

secretary · Since 25/11/1992

BRITISH · U.A.E. · Age 81

Also on 3 other boards

Mrs Maya Gangaramani

director · Since 25/11/1992

COMPANY EXECUTIVE

BRITISH · U.A.E. · Age 81

Also on 3 other boards

Mr Narain Hotchand Gangaramani

director · Since 25/11/1992

BUSINESSMAN

BRITISH · U.A.E. · Age 80

Also on 1 other board

Persons with Significant Control

Mr Narain Hotchand Gangaramani

25–50% shares
25–50% votes
Appoint directors

British · U.A.E. · Age 80

First Floor, Kirkland House, Harrow, HA1 2AX

Notified 06/04/2016

Mrs Maya Gangaramani

25–50% shares
25–50% votes
Appoint directors

British · U.A.E. · Age 80

First Floor, Kirkland House, Harrow, HA1 2AX

Notified 06/04/2016

Charges6 outstanding

charge
outstanding

THE GOVERNOR & THE COMPANY OF THE BANK OF IRELAND

Created 25/03/1996Registered 02/04/1996
charge
outstanding

KREDIETFINANCE CORPORATION LIMITED

Created 23/02/1995Registered 10/03/1995
charge
outstanding

NATIONWIDE BUILDING SOCIETY

Created 27/02/1995Registered 04/03/1995
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 27/02/1995Registered 04/03/1995Satisfied 08/10/2008
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 13/01/1995Registered 03/02/1995Satisfied 08/10/2008
charge
outstanding

NATIONWIDE BUILDING SOCIETY

Created 13/01/1995Registered 03/02/1995
charge
outstanding

MEGHRAJ BANK LIMITED

Created 15/09/1988Registered 22/09/1988
charge
outstanding

MEGHRAJ BANK LTD.

Created 15/09/1988Registered 22/09/1988

CompanyRankvs 33+ SIC 66110 peers
74

Financial strength86th percentile among SIC peers · 22/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 4.35× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 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.

Liquidity20/20 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 31/12/2024

Net Worth

£119k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£123k

Working capital

Current Assets

£160k

Current Liabilities

£37k

2avg. employees
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.35-£37k
20234.52-£9k
202214.87-£81k
202119.40-£139k
201871.74

Derived from filed accounts. Not audited figures.