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Merchant City Properties Limited

02883508

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

101 NEW CAVENDISH STREET, LONDON, W1W 6XH
Incorporated 23/12/1993

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 16/12/2025

Due 30/12/2026

On track

Industry

82990
Other business support service activities

Officers

Mrs Lesley Ann Freed

secretary · Since 02/03/1994

BRITISH · ENGLAND · Age 74

Also on 23 other boards

David Maxwell Freed

director · Since 02/03/1994

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 14 other boards

Mr Max Freed

director · Since 01/11/2015

NONE

BRITISH · ENGLAND · Age 42

Also on 5 other boards

Persons with Significant Control

Merchant City Holdings Limited

75–100% shares

101, New Cavendish Street, London, W1W 6XH

Reg: 09458623 · England & Wales · Private Limited Company

Notified 06/04/2016

CompanyRankvs 91190+ SIC 82990 peers
50

Financial strength2th percentile among SIC peers · 1/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.89× · 6/20
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 strength1/25 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.

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.

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

-£169k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£169k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.6M

Debtors

£1.4M

3avg. employees

Balance Sheet

Assets less current liabilities-£169k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.89-£2.8M
20232.58

Derived from filed accounts. Not audited figures.