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Merc Clothing Limited

04143968

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

15 HANOVER STREET, LONDON, W1S 1YJ
Incorporated 18/01/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46420
Wholesale of clothing and footwear
47710
Retail sale of clothing in specialised stores

Officers

Sassan Alavi

secretary · Since 18/01/2001

BRITISH · UNITED KINGDOM · Age 52

Also on 7 other boards

Mr Javid Alavi

director · Since 18/01/2001

RETAILER

BRITISH · ENGLAND · Age 84

Also on 1 other board

Sassan Alavi

director · Since 01/11/2006

RETAIL MANAGER

BRITISH · ENGLAND · Age 52

Also on 7 other boards

Persons with Significant Control

Javid Alavi

75–100% shares
75–100% votes
Appoint directors

British · England · Age 84

15, Hanover Street, London, W1S 1YJ

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

BERKELEY TRADE FINANCE LTD

Created 28/02/2024Registered 01/03/2024
Charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 23/04/2020Registered 01/05/2020
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 10/06/2010Registered 22/06/2010Satisfied 12/04/2024
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 26/11/2007Registered 04/12/2007Satisfied 12/04/2024

CompanyRankvs 1953+ SIC 46420 peers
55

Financial strength7th percentile among SIC peers · 2/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.95× · 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 strength2/25 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.

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 31/01/2025

Turnover

£786k

Annual revenue

Net Worth

-£50k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

£511k

Working capital

Current Assets

£773k

Current Liabilities

£262k

Fixed Assets

£1k

Debtors

£96k

Cost of Sales

£296k

Gross Profit

£489k

Admin Expenses

£369k

Operating Profit

£13k

Profit After Tax

-£2k

4avg. employees

Balance Sheet

Assets less current liabilities£512k
Signed by Mr Sassan Alavi 06/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.95+£0
20252.95-£2k
20242.62-£192k
20231.30-£42k
20221.38-£120k
2021-£488k
2020+£0

Derived from filed accounts. Not audited figures.