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Merchant & Found Limited

11124623

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

M.LAW 3A MONTAGU ROW, LONDON, W1U 6DZ
Incorporated 27/12/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46150
Agents involved in the sale of furniture, household goods, hardware and ironmongery

Officers

Mr Paul Gilbert Middlemiss

director · Since 27/12/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 6 other boards

Mrs Sophie Louise Hardy

director · Since 24/01/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Persons with Significant Control

Mr Paul Gilbert Middlemiss

50–75% shares
50–75% votes

British · United Kingdom · Age 61

M.Law, 3a Montagu Row, London, W1U 6DZ

Notified 27/12/2017

Mr Jonas Hans Kamprad

25–50% shares
25–50% votes

British · England · Age 60

M.Law, 3a Montagu Row, London, W1U 6DZ

Notified 27/12/2018

CompanyRankvs 1572+ SIC 46150 peers
40

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.42× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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1572Merchant & Found Limited
40
How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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.

Longevity8/15 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 31/12/2024

Net Worth

-£1.5M

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£1.6M

Working capital

Current Assets

£1.1M

Current Liabilities

£2.7M

Fixed Assets

£65k

Debtors

£67k

12avg. employees+4
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.42-£855k
20230.57-£332k
20210.60-£136k
20200.64-£116k
20190.74-£98k
20181.40—

Derived from filed accounts. Not audited figures.