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Merchr Limited

13448614

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

724 HOLLOWAY ROAD, LONDON, N19 3JD
Incorporated 10/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets
58290
Other software publishing
62012
Business and domestic software development
62090
Other information technology service activities

Officers

Mr Martin Roy Varley

director · Since 10/06/2021

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 63

Mr Steven Howard Elliott

director · Since 23/12/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 71

Persons with Significant Control

Mr Martin Roy Varley

25–50% shares
25–50% votes

British · England · Age 63

724, Holloway Road, London, N19 3JD

Notified 10/06/2021

Mrs Joanne Elaine Varley

25–50% shares
25–50% votes

British · United Kingdom · Age 67

724, Holloway Road, London, N19 3JD

Notified 02/10/2023

Charges1 outstanding

Charge
outstanding

PARAGON BUSINESS FINANCE PLC

Created 22/05/2025Registered 27/05/2025

CompanyRankvs 3938+ SIC 47990 peers
63

Financial strength75th percentile among SIC peers · 19/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 135.19× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 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.

Liquidity20/20 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2023

Net Worth

£13k

Balance sheet strength

Cash

£867k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£1.5M

Current Liabilities

£11k

Debtors

£643k

4avg. employees+4

Balance Sheet

Intangible assets£119k
Assets less current liabilities£1.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2023135.19-£301k
202211.08

Derived from filed accounts. Not audited figures.