Mercat Ltd
08988722
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
29/04/2025
micro entity
Next accounts due
29/01/2027
Confirmation statement
Last: 17/10/2025
Due 31/10/2026
Industry
Officers
Persons with Significant Control
Mr Sandeep Singh
Indian · England · Age 52
69, Steward Street, Birmingham, B18 7AF
Notified 04/10/2025
Former PSCs
Mr Satnam Singh
Ceased 03/10/2025
Charges2 outstanding
SENECA TRADE FINANCE LTD
SENECA TRADE FINANCE LTD
CompanyRankvs 16145+ SIC 47910 peers52
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 29/04/2025
Net Worth
£1.8M
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£1.8M
Working capital
Current Assets
£1.0M
Current Liabilities
£2.8M
Fixed Assets
£759
Tax at Year End(2020)
Director Loans(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.36 | +£0 | — |
| 2025 | 0.36 | +£127k | — |
| 2024 | 0.39 | +£1.6M | — |
| 2023 | 1.03 | -£439k | — |
| 2022 | 1.26 | +£139k | — |
| 2021 | 1.34 | +£154k | — |
| 2020 | 1.25 | +£110k | £89k |
| 2019 | 1.16 | +£39k | £41k |
| 2018 | 1.16 | — | — |
Derived from filed accounts. Not audited figures.