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Merchant Property Development Limited

10644303

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

VICARAGE CORNER HOUSE 219, DERBY, DE23 6AE
Incorporated 28/02/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Lee Robert Coles

director · Since 28/02/2017

BUILDER

BRITISH · ENGLAND · Age 52

Also on 1 other board

Mr Richard Nigel Jennings

director · Since 28/02/2017

JOINER

BRITISH · ENGLAND · Age 52

Also on 1 other board

Mr David Alexander Ward

director · Since 28/02/2017

COMMERCIAL MANAGER

BRITISH · ENGLAND · Age 43

Also on 1 other board

Mrs Karen Ward

secretary · Since 09/09/2024

Persons with Significant Control

Mr Lee Robert Coles

25–50% shares
25–50% votes

British · England · Age 52

Vicarage Corner House 219, Burton Road, Derby, DE23 6AE

Notified 28/02/2017

Mr Richard Nigel Jennings

25–50% shares
25–50% votes

British · England · Age 52

Vicarage Corner House 219, Burton Road, Derby, DE23 6AE

Notified 28/02/2017

Mr David Alexander Ward

25–50% shares
25–50% votes

British · England · Age 43

Vicarage Corner House 219, Burton Road, Derby, DE23 6AE

Notified 28/02/2017

CompanyRankvs 46172+ SIC 41100 peers
45

Financial strength71th percentile among SIC peers · 18/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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46172Merchant Property Development Limited
44
How is this score calculated?
Financial strength18/25 pts

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

Employees0/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

£31k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

-£578k

Working capital

Current Assets

£4k

Current Liabilities

£582k

Fixed Assets

£609k

Balance Sheet

Assets less current liabilities£31k
Signed by Mr Lee Coles Mr David Ward Mr Richard Jennings 17th November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01-£7k
20240.07+£23k
20230.04—

Derived from filed accounts. Not audited figures.