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Mercury Technology Lab Limited

11240332

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

5 APPROACH ROAD, LONDON, SW20 8BA
Incorporated 07/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Alastair Constance

director · Since 07/03/2018

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Mr Matthew Robert Collins

director · Since 01/10/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 2 other boards

Persons with Significant Control

Mercury Foreign Exchange Limited

75–100% shares
75–100% votes

5 Approach Road, Raynes Park, London, SW20 8BA

Reg: 06445887 · Register Of Companies · Private Company Limited By Shares

Notified 04/07/2025

Former PSCs

Mr Alastair Constance

Ceased 04/07/2025

Mr Simon Boddy

Ceased 12/12/2024

CompanyRankvs 54173+ SIC 62012 peers
26

Financial strength3th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

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

-£216k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£570k

Working capital

Current Assets

£17k

Current Liabilities

£586k

Fixed Assets

£353k

Balance Sheet

Assets less current liabilities-£216k
Signed by Mr Alastair Constance 09/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03+£282k
20230.02-£270k
20210.02-£136k
20200.00-£235k

Derived from filed accounts. Not audited figures.