The Merchants Of Charlestown Ltd
10638347
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
28/02/2025
audit exemption subsidiary
Next accounts due
30/11/2026
Confirmation statement
Last: 23/02/2026
Due 09/03/2027
Industry
Officers
director · Since 24/02/2017
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM
Also on 9 other boards
director · Since 25/08/2023
COMPANY DIRECTOR
BRITISH · ENGLAND
Also on 14 other boards
Former
secretary · Resigned 17/05/2019
director · Resigned 01/12/2019
director · Resigned 28/09/2021
director · Resigned 03/10/2023
director · Resigned 13/01/2026
Persons with Significant Control
Smit Associates Limited
Reg: 06041606 · Companies House · Private Limited Liability Company
Notified 27/02/2020
Former PSCs
Sir Timothy Bartel Smit
Ceased 27/02/2020
Charges2 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
Change History
Active
Private Limited Company
HELIGAN
ST AUSTELL
CompanyRankvs 13128+ SIC 47190 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 28/02/2021
Net Worth
-£22k
Balance sheet strength
Cash
£117k
Cash in the bank
Net Current Assets
-£1.5M
Working capital
Current Assets
£166k
Current Liabilities
£1.6M
Fixed Assets
£1.5M
Debtors
£37k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2021 | 0.10 |
Derived from filed accounts. Not audited figures.