Mercury Foreign Exchange Limited
06445887
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 17/06/2026
Due 01/07/2027
Industry
Officers
director · Since 05/12/2007
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 1 other board
director · Since 25/09/2017
DIRECTOR OF OPERATIONS
BRITISH · UNITED KINGDOM · Age 47
Also on 2 other boards
Former
secretary · Resigned 30/06/2013
Persons with Significant Control
Mr Alastair Constance
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
Change History
Active
Private Limited Company
5 APPROACH ROAD
LONDON
CompanyRankvs 2720+ SIC 82990 peers77
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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.
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
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 3.31 |
Derived from filed accounts. Not audited figures.