Merchants Only Limited
09838937
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/09/2021
DIRECTOR
BRITISH · ENGLAND · Age 65
Also on 48 other boards
director · Since 19/04/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 38
Also on 22 other boards
Persons with Significant Control
Russnick Group Limited
Leytonstone House, 3 Hanbury Drive, Leytonstone, E11 1GA
Reg: 16743883 · Uk Register Of Companies · Private Company Limited By Shares
Notified 01/11/2025
Former PSCs
Mr Terence James Todd
Ceased 28/06/2021
Mrs Maria Payne
Ceased 14/09/2021
Mr Laurence David Payne
Ceased 01/11/2025
CompanyRankvs 2150+ SIC 47990 peers70
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c
Key FinancialsYear ending 31/01/2025
Net Worth
£150k
Balance sheet strength
Cash
£700
Cash in the bank
Net Current Assets
£150k
Working capital
Current Assets
£172k
Current Liabilities
£23k
Fixed Assets
£10
Debtors
£172k
Profit After Tax
£109k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 7.60 | +£0 |
| 2024 | 7.60 | +£0 |
| 2023 | 7.60 | -£2k |
| 2022 | 6.19 | -£707 |
| 2021 | 6.37 | -£3k |
| 2020 | 7.07 | +£7k |
| 2019 | 7.13 | -£945 |
| 2018 | 8.83 | — |
Derived from filed accounts. Not audited figures.