Mermaid Engineering Consultants Limited
05429971
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/04/2005
MATERIALS ENGINEER
BRITISH · ENGLAND · Age 72
Also on 3 other boards
Persons with Significant Control
Mr Raymond John Place
British · England · Age 72
5, Hambledon Place, Leatherhead, KT23 3LD
Notified 06/04/2016
CompanyRankvs 1915+ SIC 71122 peers75
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/04/2025
Net Worth
£160k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£160k
Working capital
Current Assets
£163k
Current Liabilities
£2k
Fixed Assets
£136
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 65.08 | -£9k |
| 2024 | 73.62 | -£14k |
| 2023 | 115.79 | -£20k |
| 2022 | 162.61 | -£25k |
| 2021 | 241.97 | — |
Derived from filed accounts. Not audited figures.