Merchant E1 Limited
13346837
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/04/2021
COMPANY DIRECTOR
IRISH · UNITED KINGDOM · Age 37
Also on 1 other board
Persons with Significant Control
Andrew James Snell
British · United Kingdom · Age 47
6th Floor, 9 Appold Street, London, EC2A 2AP
Notified 20/04/2021
Adrian Willson
British · United Kingdom · Age 55
6th Floor, 9 Appold Street, London, EC2A 2AP
Notified 20/04/2021
Ian Willson
British · United Kingdom · Age 52
6th Floor, 9 Appold Street, London, EC2A 2AP
Notified 20/04/2021
CompanyRankvs 15479+ SIC 56210 peers33
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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 31/03/2025
Net Worth
-£3k
Balance sheet strength
Cash
£93k
Cash in the bank
Net Current Assets
-£83k
Working capital
Current Assets
£319k
Current Liabilities
£403k
Fixed Assets
£83k
Debtors
£214k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.79 | -£40k |
| 2024 | 0.64 | — |
| 2023 | 0.38 | — |
Derived from filed accounts. Not audited figures.