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Mereb Ltd

07794633

active
Private Limited Company
england wales
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

411 HOLLOWAY ROAD, LONDON, N7 6HJ
Incorporated 03/10/2011

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 31/10/2025

Due 14/11/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Tesfalem Negash

director · Since 03/10/2011

BUSINESS MANAGER

BRITISH · UNITED KINGDOM · Age 55

Also on 1 other board

Persons with Significant Control

Mr Tesfalem Negash

50–75% shares
50–75% votes

British · England · Age 55

411, Holloway Road, London, N7 6HJ

Notified 06/04/2016

Former PSCs

Mrs Meaza Habte Haile

Ceased 01/01/2026

CompanyRankvs 455+ SIC 47110 peers
85

Financial strength88th percentile among SIC peers · 22/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.07× · 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 strength22/25 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 31/10/2024

Net Worth

£88k

Balance sheet strength

Cash

£81k

Cash in the bank

Net Current Assets

£70k

Working capital

Current Assets

£135k

Current Liabilities

£65k

Fixed Assets

£42k

Debtors

£9k

8avg. employees+1

Balance Sheet

Intangible assets£21k
Assets less current liabilities£111k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.07+£23k
20231.29+£11k
20221.46+£15k
20211.34+£14k
20201.19
20190.69
20180.59

Derived from filed accounts. Not audited figures.