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Mph Merchant Limited

06719782

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

OLYMPUS HOUSE BRITANNIA ROAD, BRISTOL, BS34 5TA
Incorporated 09/10/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46740
Wholesale of hardware, plumbing and heating equipment and supplies

Officers

Mr Julian Ernest Milligan

director · Since 09/10/2008

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 32 other boards

Mr Christopher Alan Edwards

director · Since 06/04/2014

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mr Mark Nicholas Turner

director · Since 01/11/2014

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 5 other boards

Persons with Significant Control

Mr Julian Ernest Milligan

75–100% shares

British · United Kingdom · Age 58

Olympus House, Britannia Road, Bristol, BS34 5TA

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 25/01/2024Registered 26/01/2024
Charge
satisfied

HSBC UK BANK PLC

Created 13/01/2022Registered 27/01/2022Satisfied 26/02/2026
Charge
outstanding

HSBC UK BANK PLC

Created 29/11/2021Registered 08/12/2021
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 03/12/2021Registered 06/12/2021
Charge
satisfied

BARCLAYS BANK PLC

Created 01/11/2013Registered 08/11/2013Satisfied 02/02/2022

CompanyRankvs 392+ SIC 46740 peers
58

Financial strength85th percentile among SIC peers · 21/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

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

Liquidity12/20 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

Outstanding charges: -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 group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect

Key FinancialsYear ending 31/08/2025

Turnover

£15.3M

Annual revenue

Net Worth

£465k

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£28k

Bottom line earnings

Net Current Assets

£168k

Working capital

Current Assets

£4.2M

Current Liabilities

£4.1M

Fixed Assets

£282k

Debtors

£2.2M

Cost of Sales

£11.7M

Gross Profit

£3.6M

Admin Expenses

£3.6M

Operating Profit

£31k

Profit After Tax

-£999

52avg. employees

Tax at Year End

Dividends paid-£33k

People Costs

Wages & salaries£1.7M
NI contributions£196k

Balance Sheet

Intangible assets£8k
Bank loans & overdrafts£5k
Assets less current liabilities£450k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.04+£0
20251.04+£426k
20240.93+£572k
20230.76+£170k
20220.71+£149k
20210.63+£89k
20200.59-£171k
20180.54

Derived from filed accounts. Not audited figures.