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Mercury Cost Engineering Limited

10592993

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

107 PROMENADE, CHELTENHAM, GL50 1NW
Incorporated 31/01/2017

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 10/01/2026

Due 24/01/2027

On track

Industry

96090
Other personal service activities

Officers

Mr Michael William Millar

director · Since 31/01/2017

COST ENGINEER

BRITISH · UNITED KINGDOM · Age 47

Also on 1 other board

Mrs Anastasia Millar

director · Since 16/10/2018

COMPANY DIRECTOR

BRITISH · SCOTLAND · Age 50

Also on 1 other board

Persons with Significant Control

Mrs Anastasia Millar

Significant control

British · Scotland · Age 50

18 Corse Gardens, Kingswells, Aberdeen, AB15 8TN

Notified 31/01/2017

Mr Michael William Millar

Significant control

British · United Kingdom · Age 47

18 Corse Gardens, Kingswells, Aberdeen, AB15 8TN

Notified 31/01/2017

CompanyRankvs 8281+ SIC 96090 peers
77

Financial strength86th percentile among SIC peers · 22/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.41× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees11/15 pts

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

Liquidity20/20 pts

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

Longevity9/15 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

£74k

Balance sheet strength

Cash

£102k

Cash in the bank

Net Current Assets

£73k

Working capital

Current Assets

£126k

Current Liabilities

£52k

Fixed Assets

£472

Debtors

£24k

2avg. employees

Tax at Year End(2019)

Corp tax£13k
VAT£9k

Director Loans(2019)

Company owes directors-£640

Balance Sheet

Assets less current liabilities£74k
Signed by Mr Michael Millar 25/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.41+£56k
20241.45+£8k
20231.37-£10k
202210.43-£46k
202114.64-£72k
20203.20+£91k
20193.02£179k

Derived from filed accounts. Not audited figures.