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Lance Merlin Ltd

10790798

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

163 HERNE HILL, LONDON, SE24 9LR
Incorporated 26/05/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Nadesapillai Raveendran

director · Since 26/05/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 3 other boards

Mr Kandiah Karunenthiranathan

director · Since 24/01/2018

DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Kandiah Karunenthiranathan

25–50% shares
25–50% votes

British · United Kingdom · Age 46

163, Herne Hill, London, SE24 9LR

Notified 22/04/2018

Former PSCs

Mr Mylvaganam Kiritharan

Ceased 01/09/2018

Mr Nadesapillai Raveendran

Ceased 01/09/2018

CompanyRankvs 2621+ SIC 47110 peers
72

Financial strength87th percentile among SIC peers · 22/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.21× · 12/20
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.

Employees14/15 pts

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

Liquidity12/20 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 31/05/2024

Net Worth

£84k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

£48k

Working capital

Current Assets

£278k

Current Liabilities

£230k

Fixed Assets

£36k

Debtors

£173k

14avg. employees+4
Signed by 10790798 2023-06-01 2024-05-31 10790798 2024-05-31 10790798 core:CurrentFinancialInstruments 2024-05-31 10790798 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.21-£3k
20231.24+£40k
20221.17+£7k
20211.07+£9k
20201.04+£87k
20190.39—

Derived from filed accounts. Not audited figures.