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Mercian Developments Limited

08194958

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

PAUNCEFORD COURT, LEDBURY, HR8 2SH
Incorporated 29/08/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
41201
Construction of commercial buildings
68209
Other letting and operating of own or leased real estate

Officers

Mrs Elizabeth Ann Towers

secretary · Since 29/08/2012

Mr Christopher Paul Towers

director · Since 29/08/2012

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 9 other boards

Mr Edward William Towers

director · Since 30/04/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 35

Also on 3 other boards

Persons with Significant Control

Merbuild Estates Limited

75–100% shares
75–100% votes
Appoint directors

Paunceford Court, Munsley, Ledbury, HR8 2SH

Reg: 16249512 · Companies House · Private Company Limited By Shares

Notified 25/03/2025

Former PSCs

Mr Christopher Paul Towers

Ceased 30/08/2022

Merbuild (Holdings) Ltd

Ceased 25/03/2025

CompanyRankvs 66870+ SIC 41100 peers
82

Financial strength90th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.52× · 16/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 30/11/2024

Net Worth

£504k

Balance sheet strength

Cash

£37k

Cash in the bank

Net Current Assets

£469k

Working capital

Current Assets

£1.4M

Current Liabilities

£899k

Fixed Assets

£69k

Debtors

£1.1M

6avg. employees

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Bank loans & overdrafts£6k
Assets less current liabilities£538k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.52+£1.5M
20230.55-£41k
20220.59+£47k
20210.64-£8k
20200.46
20180.59

Derived from filed accounts. Not audited figures.