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Excel Merchants Ltd

07328601

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

248 WATERLOO STREET, OLDHAM, OL4 1ES
Incorporated 28/07/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46730
Wholesale of wood, construction materials and sanitary equipment

Officers

Mr Raqib Khan

director · Since 28/07/2010

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Persons with Significant Control

Mr Raqib Khan

75–100% votes

British · United Kingdom · Age 42

248, Waterloo Street, Oldham, OL4 1ES

Notified 28/07/2016

CompanyRankvs 244+ SIC 46730 peers
81

Financial strength79th percentile among SIC peers · 20/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.18× · 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 strength20/25 pts

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

Employees11/15 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 31/07/2024

Net Worth

£289k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£228k

Working capital

Current Assets

£422k

Current Liabilities

£193k

Fixed Assets

£69k

4avg. employees

Tax at Year End(2018)

Corp tax£2k
VAT£2k

Director Loans(2018)

Company owes directors£10k

Balance Sheet

Assets less current liabilities£298k
Signed by Mr Raqib Khan 31/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.18-£5k
20232.91+£32k
20222.52+£67k
20213.34+£89k
20201.51+£51k
20191.30+£33k
20180.89£44k

Derived from filed accounts. Not audited figures.