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Merchant Credit Ltd

10855699

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
50 / 100

Notable Risks

0/30
Filing
10/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

4 Somerset Way, Iver, SL0 9AF
Incorporated 07/07/2017

Compliance

Last accounts

31/07/2024

total exemption full

Next accounts due

30/04/2026

Overdue

Confirmation statement

Last: 06/07/2025

Due 20/07/2026

Overdue

Industry

82990
Other business support service activities

Officers

Mr Giuseppe Zeno

director · Since 07/07/2017

DIRECTOR

ITALIAN · BAHAMAS · Age 62

Also on 15 other boards

Giuseppe Zeno

director · Since 07/07/2017

Italian · Bahamas · Age 62

Persons with Significant Control

Mr Giuseppe Zeno

75–100% shares
75–100% votes
Appoint directors

Italian · Bahamas · Age 62

883, West Bay Street, Nassau

Notified 07/07/2017

Change History

statusactive
2026-08-21

Active

typeltd
2026-08-21

Private Limited Company

address line14 Somerset Way
2026-08-21

4 SOMERSET WAY

post townIver
2026-08-21

IVER

officer appointedZENO, Giuseppe
2026-08-21

CompanyRankvs 65980+ SIC 82990 peers
56

Financial strength98th percentile among SIC peers · 25/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 4.48× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAccounts and CS overdue · 0/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees2/15 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 compliance0/15 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 31/07/2024

Net Worth

£2.0M

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.5M

Current Liabilities

£336k

Debtors

£46k

0avg. employees

Balance Sheet

Assets less current liabilities£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.48+£0
20236.50

Derived from filed accounts. Not audited figures.