Merchdistributor Ltd
12190679
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 05/09/2019
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 38
Also on 4 other boards
Persons with Significant Control
Hydrus Digital Group Limited
467, Rainham Road South, Dagenham, RM10 7XJ
Reg: 13437242 · Companies House · Limited Company
Notified 26/07/2021
Former PSCs
Mr Thomas Colley
Ceased 22/10/2021
CompanyRankvs 71176+ SIC 47910 peers32
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/09/2024
Net Worth
-£1k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£1k
Working capital
Current Assets
£1k
Current Liabilities
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.47 |
| 2023 | 0.70 |
| 2022 | 0.00 |
| 2021 | 0.14 |
| 2020 | 5.26 |
Derived from filed accounts. Not audited figures.