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Border Merchant Systems Limited

02542536

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

MILLERS HOUSE, MARKET HARBOROUGH, LE16 7PQ
Incorporated 24/09/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mrs Sylvana Jane Cummings

secretary · Since 18/07/2013

Also on 6 other boards

Mrs Sylvana Jane Cummings

director · Since 18/07/2013

FINANCIAL DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 6 other boards

Mr Paul John Deane

director · Since 18/07/2013

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 10 other boards

Mr Andrew Clifford King

director · Since 18/07/2013

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 6 other boards

Persons with Significant Control

Hermitage Innovation Group Ltd

75–100% shares
75–100% votes

Harborough Innovation Centre, Wellington Way, Airfield Business Park, Market Harborough, LE16 7WB

Reg: 8355093 · England · Limited Company

Notified 05/10/2016

CompanyRankvs 233+ SIC 62012 peers
89

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.44× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

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.

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

£1.0M

Balance sheet strength

Cash

£172k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.7M

Current Liabilities

£703k

Fixed Assets

£32k

Debtors

£1.5M

24avg. employees+2

Tax at Year End(2023)

Corp tax£45k

Balance Sheet

Assets less current liabilities£1.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.44+£15k
20232.60-£600k
20222.46

Derived from filed accounts. Not audited figures.