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Merchant Projects (Ipswich) Ltd

06160645

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

23 WINSTON AVENUE, IPSWICH, IP4 3LS
Incorporated 14/03/2007

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 28/02/2026

Due 14/03/2027

On track

Industry

41100
Development of building projects

Officers

Mr Martin Graham Blake

director · Since 14/03/2007

DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 22 other boards

Mr Christopher James Ian Blake

director · Since 16/03/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 5 other boards

Mrs Claire Louise Squirrell

director · Since 10/09/2008

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 3 other boards

Persons with Significant Control

Mr Martin Graham Blake

50–75% shares
50–75% votes
Appoint directors

British · England · Age 73

23, Winston Avenue, Ipswich, IP4 3LS

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 20/08/2014Registered 21/08/2014Satisfied 08/03/2016
Charge
satisfied

SLT TRUSTEES LIMITED · MARTIN GRAHAM BLAKE

Created 28/07/2014Registered 29/07/2014Satisfied 06/03/2018
Charge
satisfied

LORRIMAR INVESTMENTS LIMITED

Created 27/02/2014Registered 28/02/2014Satisfied 29/07/2014

CompanyRankvs 15731+ SIC 41100 peers
66

Financial strength91th percentile among SIC peers · 23/25
Employees86th percentile among SIC peers · 13/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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15731Merchant Projects (Ipswich) Ltd
66
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.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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 31/10/2024

Net Worth

£631k

Balance sheet strength

Cash

£688k

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

£87k

Fixed Assets

£98

Debtors

£13k

3avg. employees

Tax at Year End(2022)

Corp tax£36k

Director Loans

Company owes directors£81k
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2024—-£36k
2023—-£34k
20229.01+£30k
20214.29+£307k
20201.59-£93k
20192.42-£45k
20181.52—

Derived from filed accounts. Not audited figures.