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The Merchantman Limited

04444775

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

METHERELL GARD, BUDE, EX23 8BX
Incorporated 22/05/2002

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 07/05/2025

Due 21/05/2026

On track

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Mark James Whitefield

secretary · Since 22/05/2002

COMPANY SECRETARY

BRITISH · ENGLAND · Age 59

Also on 3 other boards

Mrs Jane Elizabeth Whitefield

director · Since 22/05/2002

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Mr Mark James Whitefield

director · Since 22/05/2002

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 3 other boards

Persons with Significant Control

Mrs Jane Elizabeth Whitefield

25–50% shares

British · England · Age 55

Metherell Gard, Bude, EX23 8BX

Notified 07/05/2017

Mr Mark James Whitefield

25–50% shares

British · England · Age 59

Metherell Gard, Bude, EX23 8BX

Notified 07/05/2017

CompanyRankvs 270+ SIC 47190 peers
88

Financial strength96th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.78× · 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.

Employees14/15 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

£458k

Balance sheet strength

Cash

£193k

Cash in the bank

Net Current Assets

£431k

Working capital

Current Assets

£545k

Current Liabilities

£114k

Fixed Assets

£33k

Debtors

£3k

12avg. employees-1

Balance Sheet

Assets less current liabilities£464k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.78+£31k
20234.00+£50k
20225.69+£104k
20211.79+£180k
20201.61+£15k
20191.18+£5k
20181.15

Derived from filed accounts. Not audited figures.