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Mercantem Limited

10153656

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

11-13 RIVERSIDE ROAD, NORWICH, NR1 1SQ
Incorporated 28/04/2016

Compliance

Last accounts

31/03/2025

dormant

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 27/04/2026

Due 11/05/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Ardeshir Naghshineh

director · Since 28/04/2016

DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 138 other boards

Mr Shapoor Naghshineh

director · Since 28/04/2016

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 13 other boards

Mr Corin Leonard Thoday

director · Since 28/04/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 24 other boards

Persons with Significant Control

Mr Ardeshir Naghshineh

Significant control

British · United Kingdom · Age 74

11-13, Riverside Road, Norwich, NR1 1SQ

Notified 28/04/2016

Targetfollow Group Limited

75–100% shares

11-13 Riverside Road, Riverside Road, Norwich, NR1 1SQ

Reg: 6023428 · Companies House · Limited Company

Notified 28/04/2016

Charges0 outstanding

Charge
satisfied

FIDUCIAM NOMINEES LIMITED

Created 22/11/2023Registered 27/11/2023Satisfied 09/05/2026
Charge
satisfied

FIDUCIAM NOMINEES LIMITED

Created 22/11/2023Registered 27/11/2023Satisfied 09/05/2026

CompanyRankvs 3104830+ SIC 68209 peers
34

Financial strength1th percentile among SIC peers · 0/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.73× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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310483Mercantem Limited
30
How is this score calculated?
Financial strength0/25 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.

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 31/03/2025

Net Worth

-£294k

Balance sheet strength

Cash

£41k

Cash in the bank

Net Current Assets

-£644k

Working capital

Current Assets

£1.8M

Current Liabilities

£2.4M

Debtors

£1.7M

0avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.73-£211k
20240.81—

Derived from filed accounts. Not audited figures.