Back to search

Mermaid Developments (Winchmore Hill) Ltd

09256804

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

11 MAYBURY MEWS, LONDON, N6 5YT
Incorporated 09/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Laurence Penn

secretary · Since 09/10/2014

Ms Alison Georgina Lawrence

director · Since 09/10/2014

PUBLIC AFFAIRS CONSULTANT

BRITISH · ENGLAND · Age 59

Also on 7 other boards

Mr Laurence Martyn Gardner Penn

director · Since 09/10/2014

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 64

Also on 7 other boards

Persons with Significant Control

Mr Laurence Martyn Gardner Penn

25–50% shares

British · England · Age 64

11, Maybury Mews, London, N6 5YT

Notified 09/10/2016

Ms Alison Georgina Lawrence

25–50% shares

British · England · Age 59

11, Maybury Mews, London, N6 5YT

Notified 09/10/2016

Charges4 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 17/05/2019Registered 22/05/2019
Charge
outstanding

ALDERMORE BANK PLC

Created 17/05/2019Registered 22/05/2019
Charge
outstanding

CLOSE BROTHERS LIMITED

Created 20/03/2017Registered 23/03/2017
Charge
outstanding

CLOSE BROTHERS LIMITED

Created 20/03/2017Registered 22/03/2017

CompanyRankvs 61457+ SIC 68100 peers
44

Financial strength71th percentile among SIC peers · 18/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Liverpool And Chester Property Company Limited
90
2Associated Property Owners Limited
90
3British And Foreign Wharf Company Limited(The)
90
4White Marble Quarries Limited
90
5Rookfield Garden Village Limited
90
6Abbey Manor Group Limited
90
7Land Management Group Limited
90
8Abbott Bros.(Kent),Limited
90
9Stonewood Securities Limited
90
10Braintree Bungalows Limited
90
61457Mermaid Developments (Winchmore Hill) Ltd
49
How is this score calculated?
Financial strength18/25 pts

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

Employees3/15 pts

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

Liquidity6/20 pts

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

Longevity12/15 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.

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 31/10/2024

Net Worth

£19k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£19k

Working capital

Current Assets

£1.0M

Current Liabilities

£1.0M

0avg. employees-1

Balance Sheet

Assets less current liabilities£19k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.98+£11k
20230.99—
20221.00—
20211.00+£7k
20201.00+£5k
20190.50-£6k
20181.00—

Derived from filed accounts. Not audited figures.