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Mermaid Offices Ltd

10061393

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

IRISH SQUARE, ST ASAPH, LL17 0RN
Incorporated 14/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Richard Eric Littman

director · Since 14/03/2016

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 4 other boards

Mr Rafael Sebastien Steven Joory

director · Since 01/07/2019

PROPERTY BUSINESS

BRITISH · HONG KONG · Age 51

Also on 6 other boards

Persons with Significant Control

Mr Richard Eric Littman

Significant control

British · England · Age 53

Irish Square, Upper Denbigh Road, St Asaph, LL17 0RN

Notified 06/04/2016

CompanyRankvs 332750+ SIC 68209 peers
69

Financial strength81th percentile among SIC peers · 20/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.18× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees12/15 pts

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

Liquidity12/20 pts

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

Longevity10/15 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 31/12/2024

Net Worth

£151k

Balance sheet strength

Cash

£762k

Cash in the bank

Net Current Assets

£144k

Working capital

Current Assets

£963k

Current Liabilities

£819k

Fixed Assets

£19k

Debtors

£201k

2avg. employees

Balance Sheet

Assets less current liabilities£163k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.18+£5k
20231.16
20211.16
20201.19
20191.15
20181.18

Derived from filed accounts. Not audited figures.