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Merchnex Limited

11358335

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

124 CITY ROAD, LONDON, EC1V 2NX
Incorporated 12/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46190
Agents involved in the sale of a variety of goods
47910
Retail sale via mail order houses or via Internet
70229
Management consultancy activities

Officers

Mr Lixuyuan Dong

director · Since 12/05/2018

COMPANY DIRECTOR

CHINESE · ENGLAND · Age 33

Miss Beixin Zhang

director · Since 12/05/2018

COMPANY DIRECTOR

CHINESE · ENGLAND · Age 32

Persons with Significant Control

Miss Beixin Zhang

25–50% shares
25–50% votes
Appoint directors

Chinese · England · Age 32

124, City Road, London, EC1V 2NX

Notified 12/05/2018

Mr Lixuyuan Dong

25–50% shares
25–50% votes
Appoint directors

Chinese · England · Age 33

124, City Road, London, EC1V 2NX

Notified 12/05/2018

CompanyRankvs 6540+ SIC 46190 peers
44

Financial strength5th percentile among SIC peers · 1/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.7× · 6/20
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.

Employees14/15 pts

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

Liquidity6/20 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 31/05/2025

Net Worth

-£29k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£66k

Current Liabilities

£94k

4avg. employees+2

Balance Sheet

Assets less current liabilities-£29k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.70+£48k
20240.07-£35k
20230.30-£17k
20220.54-£22k
20210.96

Derived from filed accounts. Not audited figures.