Mercantile Barristers Limited
10211382
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/06/2024
micro entity
Next accounts due
30/06/2026
Confirmation statement
Last: 31/03/2025
Due 14/04/2026
Industry
Officers
director · Since 02/06/2016
BARRISTER
BRITISH · ENGLAND · Age 64
Also on 1 other board
Persons with Significant Control
Mr Samuel Okoronkwo
British · United Kingdom · Age 64
10-11, Gray's Inn Square, London, WC1R 5JD
Notified 02/06/2016
Charges1 outstanding
SAMUEL OKORONKWO
CompanyRankvs 377+ SIC 69101 peers32
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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 30/06/2024
Net Worth
-£592k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£596k
Working capital
Current Assets
£352k
Current Liabilities
£948k
Fixed Assets
£34k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.37 | -£52k |
| 2023 | 0.23 | -£1.1M |
| 2022 | 0.24 | +£88k |
| 2021 | 0.16 | +£891k |
| 2020 | 0.30 | -£10k |
| 2019 | 0.09 | -£703k |
| 2018 | 0.08 | — |
Derived from filed accounts. Not audited figures.