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Mymerch Studio Ltd

13368112

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

9A MARQUIS COURT, PRUDHOE, NE42 6PJ
Incorporated 30/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

18129
Printing (other than printing of newspapers and printing of labels)

Officers

Mr Paul Ging Yeoung Sun

secretary · Since 30/04/2021

Also on 1 other board

Mr Alan Sawyers

director · Since 30/04/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 5 other boards

Mr Paul Ging Yeoung Sun

director · Since 30/04/2021

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Ccs Products Limited

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

12, Rosebud Close, Newcastle Upon Tyne, NE16 3DF

Reg: 10838261 · Uk Register Of Companies · Private Company Limited By Shares

Notified 30/04/2021

Pink Buddha Ltd

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

4, High Street, Stanley, DH9 0DQ

Reg: 06564742 · Uk Register Of Companies · Private Company Limited By Shares

Notified 30/04/2021

CompanyRankvs 5731+ SIC 18129 peers
33

Financial strength11th percentile among SIC peers · 3/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees8/15 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.

Longevity5/15 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 30/04/2025

Net Worth

-£14k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£22k

Working capital

Current Assets

£17k

Current Liabilities

£39k

Fixed Assets

£8k

Debtors

£13k

2avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.44-£8k
20240.52-£10k
20230.79+£6k
20220.39

Derived from filed accounts. Not audited figures.