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Mercury Foreign Exchange Limited

06445887

active
Private Limited Company
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)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

5 APPROACH ROAD, LONDON, SW20 8BA
Incorporated 05/12/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Alastair Constance

director · Since 05/12/2007

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Mr Matthew Robert Collins

director · Since 25/09/2017

DIRECTOR OF OPERATIONS

BRITISH · UNITED KINGDOM · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Alastair Constance

25–50% shares
25–50% votes

British · England · Age 46

5 Approach Road, Raynes Park, London, SW20 8BA

Notified 06/04/2016

Former PSCs

Mr Simon Boddy

Ceased 12/12/2024

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 02/08/2010Registered 05/08/2010Satisfied 15/12/2017

CompanyRankvs 2749+ SIC 82990 peers
77

Financial strength93th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.31× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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2749Mercury Foreign Exchange Limited
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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.

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.

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

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce

Key FinancialsYear ending 31/12/2024

Turnover

£551k

Annual revenue

Net Worth

£501k

Balance sheet strength

Cash

£104k

Cash in the bank

Profit Before Tax

-£577k

Bottom line earnings

Net Current Assets

£493k

Working capital

Current Assets

£707k

Current Liabilities

£213k

Fixed Assets

£7k

Debtors

£603k

Cost of Sales

£253k

Gross Profit

£298k

Admin Expenses

£491k

Operating Profit

-£144k

Profit After Tax

-£577k

6avg. employees+2

People Costs

Wages & salaries£329k
NI contributions£32k

Balance Sheet

Interest payable£24k
Assets less current liabilities£501k
Signed by Mr Alastair Constance 17/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.31-£83k
202213.75-£220k
20216.23—

Derived from filed accounts. Not audited figures.