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Merchant Rentals Limited

04443310

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

1 THE BOULEVARD,, WELWYN GARDEN CITY, AL7 1EL
Incorporated 21/05/2002

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 20/06/2025

Due 04/07/2026

On track

Industry

64910
Financial leasing

Officers

Mr Mark David Latham

director · Since 03/02/2021

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

David Robert Harding

director · Since 14/08/2023

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 51

Also on 44 other boards

Mr David Henshaw

director · Since 18/09/2023

HEAD OF RETAIL SERVICES ENGINEERING

BRITISH · UNITED KINGDOM · Age 52

Indigo Corporate Secretary Limited

secretary · Since 22/01/2024

Also on 186 other boards

Mr Elliot John James Houghton

director · Since 12/05/2026

BRITISH · UNITED KINGDOM · Age 38

Also on 3 other boards

Persons with Significant Control

Paypoint Plc

75–100% shares
75–100% votes

1, The Boulevard, Welwyn Garden City, AL7 1EL

Reg: 03581541 · Registrar Of Companies · Public Limited Company

Notified 03/02/2021

Former PSCs

Mr Andrew John Peake

Ceased 03/02/2021

Mr Paulus Reginaldus Van Vliet

Ceased 03/02/2021

Charges0 outstanding

Charge
satisfied

SHAWBROOK BANK LIMITED

Created 18/02/2015Registered 19/02/2015Satisfied 22/08/2022
charge
satisfied

ALDERMORE BANK PLC

Created 21/11/2012Registered 04/12/2012Satisfied 01/05/2018
charge
satisfied

ALDERMORE BANK PLC

Created 15/11/2012Registered 17/11/2012Satisfied 01/05/2018
charge
satisfied

SINGERS CORPORATE ASSET FINANCE LIMITED

Created 09/03/2012Registered 15/03/2012Satisfied 18/05/2020
charge
satisfied

SINGERS CORPORATE ASSET FINANCE LIMITED

Created 08/03/2012Registered 13/03/2012Satisfied 18/05/2020
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 16/01/2012Registered 19/01/2012Satisfied 18/05/2020
charge
satisfied

CONISTER BANK LIMITED

Created 13/07/2011Registered 14/07/2011Satisfied 01/05/2018
charge
satisfied

SIEMENS FINANCIAL SERVICES LIMITED

Created 08/05/2008Registered 10/05/2008Satisfied 21/10/2025
charge
satisfied

HITACHI CAPITAL (UK) PLC

Created 01/12/2005Registered 14/12/2005Satisfied 01/05/2018
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 23/06/2004Registered 28/06/2004Satisfied 18/05/2020
charge
satisfied

SINGER & FRIEDLANDER LEASING LIMITED

Created 05/03/2004Registered 13/03/2004Satisfied 18/05/2020
charge
satisfied

HITACHI CREDIT (UK) PLC

Created 22/11/2002Registered 23/11/2002Satisfied 01/05/2018

CompanyRankvs 710+ SIC 64910 peers
70

Financial strength90th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.48× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength23/25 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.

Liquidity12/20 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; ∙ assess the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and ∙ use the going concern basis of accounting unless they either intend to liquidate the Company or to cease operations or

Key FinancialsYear ending 31/03/2023

Turnover

£8.1M

Annual revenue

Net Worth

£6.1M

Balance sheet strength

Cash

£403k

Cash in the bank

Profit Before Tax

£3.3M

Bottom line earnings

Net Current Assets

£1.9M

Working capital

Current Assets

£5.9M

Current Liabilities

£4.0M

Fixed Assets

£4.5M

Debtors

£1.7M

Cost of Sales

£3.3M

Gross Profit

£4.8M

Admin Expenses

£1.4M

Operating Profit

£3.4M

Profit After Tax

£2.8M

33avg. employees

Balance Sheet

Assets less current liabilities£6.4M
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent Ratio
20231.48

Derived from filed accounts. Not audited figures.