Back to search

The Merchants Of Charlestown Ltd

10638347

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

HELIGAN, ST AUSTELL, PL26 6EN
Incorporated 24/02/2017

Compliance

Last accounts

28/02/2025

audit exemption subsidiary

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 23/02/2026

Due 09/03/2027

On track

Industry

47190
Other retail sale in non-specialised stores
91020
Museum activities

Officers

Sir Timothy Bartel Smit Cbe Hon

director · Since 24/02/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 9 other boards

Mr Jeremy Alexander Bartel Smit

director · Since 01/12/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Mr David Nicholas Harland

director · Since 25/08/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 14 other boards

Persons with Significant Control

Smit Associates Limited

75–100% shares
75–100% votes

Heligan, Pentewan, St. Austell, PL26 6EN

Reg: 06041606 · Companies House · Private Limited Liability Company

Notified 27/02/2020

Former PSCs

Sir Timothy Bartel Smit

Ceased 27/02/2020

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 02/03/2020Registered 05/03/2020
Charge
outstanding

BARCLAYS BANK PLC

Created 02/03/2020Registered 05/03/2020

CompanyRankvs 13049+ SIC 47190 peers
31

Financial strength9th percentile among SIC peers · 2/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Gardiner,Sons & Co.,Limited
90
2Woodlands Home & Garden Group Limited
90
3Oldrid & Co.,Limited
90
4G. Rutherford & Co. Limited
90
5Mid-Sussex Timber Co Limited
90
6H.S.Hodgson(Scarborough)Limited
90
7H.G. Hannant Limited
90
8C.E.Wetherell & Sons Limited
90
9Wooda Farm Park Limited
90
10Clarke International Limited
90
13049The Merchants Of Charlestown Ltd
41
How is this score calculated?
Financial strength2/25 pts

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

Employees13/15 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.

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.

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

6avg. employees

Balance Sheet

Intangible assets£12k
Bank loans & overdrafts£50k
Assets less current liabilities£52k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20210.10+£224k
20200.39—

Derived from filed accounts. Not audited figures.