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Mercantile Barristers Limited

10211382

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

10-11 GRAY'S INN SQUARE, LONDON, WC1R 5JD
Incorporated 02/06/2016

Compliance

Last accounts

30/06/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 31/03/2025

Due 14/04/2026

Overdue

Industry

69101
Barristers at law

Officers

Mr Samuel Okoronkwo

director · Since 02/06/2016

BARRISTER

BRITISH · ENGLAND · Age 64

Also on 1 other board

Persons with Significant Control

Mr Samuel Okoronkwo

75–100% shares

British · United Kingdom · Age 64

10-11, Gray's Inn Square, London, WC1R 5JD

Notified 02/06/2016

Charges1 outstanding

Charge
outstanding

SAMUEL OKORONKWO

Created 15/08/2025Registered 02/09/2025

CompanyRankvs 171+ SIC 69101 peers
54

Financial strength93th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity2/20 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.

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 30/06/2025

Net Worth

£414k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

£442k

Working capital

Current Assets

£415k

Current Liabilities

£858k

Fixed Assets

£29k

Debtors

£400k

10avg. employees

Tax at Year End

VAT£125k

Balance Sheet

Assets less current liabilities£414k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.48+£1.0M£2.5M
20240.37-£52k
20230.23

Derived from filed accounts. Not audited figures.