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Merchant Projects (Westerfield) Limited

07044712

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)
  • Current liabilities exceed current assets (-10)

Details

EAGLE HOUSE 45 KINGSLAND ROAD, COLCHESTER, CO5 8RA
Incorporated 15/10/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Guy Chater

director · Since 31/05/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 1 other board

Mr Stuart Trevor Cock

director · Since 21/12/2020

NONE

BRITISH · UNITED KINGDOM · Age 59

Also on 26 other boards

Persons with Significant Control

Chater Land Holdings Limited

25–50% shares

11, Queens Road, Brentwood, CM14 4HE

Reg: 01399557 · England & Wales · Limited Company

Notified 06/04/2016

Mersea Homes Limited

50–75% shares
75–100% votes

Eagle House, 45 Kingsland Road, Colchester, CO5 8RA

Reg: 02466127 · Registrar Of Companies · Private Limited Company Limited By Shares

Notified 21/12/2020

Former PSCs

Merchant Projects (Ipswich( Limited

Ceased 21/12/2020

CompanyRankvs 987+ SIC 41100 peers
87

Financial strength95th percentile among SIC peers · 24/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 8.01× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2020

Net Worth

£1.7M

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£1.9M

Current Liabilities

£237k

Debtors

£4k

3avg. employees

Balance Sheet

Assets less current liabilities£1.7M
Prepared with Caseware UK (AP4) 2019.0.227

EstimatesDerived

YearCurrent RatioImplied Profit
20208.01-£12k
201916.65-£10k
201816.80

Derived from filed accounts. Not audited figures.