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Merry People Designs Uk Ltd

13679229

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

20-22 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 14/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores
47721
47721

Officers

Ms Danielle Maree Pearce

director · Since 14/10/2021

CEO

AUSTRALIAN · AUSTRALIA · Age 40

Persons with Significant Control

Ms Danielle Maree Pearce

Significant control

Australian · Australia · Age 40

20-22, Wenlock Road, London, N1 7GU

Notified 14/10/2021

Merry People Designs Pty Ltd

75–100% shares

3-9, Yarra Street, Abbotsford, 3067

Reg: 161 789 493 · Australian Securities And Investments Commission · Private Company

Notified 14/10/2021

CompanyRankvs 15897+ SIC 47710 peers
33

Financial strength1th percentile among SIC peers · 0/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.69× · 6/20
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 strength0/25 pts

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

Employees7/15 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.

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 31/10/2024

Net Worth

-£648k

Balance sheet strength

Cash

£178k

Cash in the bank

Net Current Assets

-£648k

Working capital

Current Assets

£1.4M

Current Liabilities

£2.1M

Debtors

£60k

1avg. employees

Tax at Year End

VAT£204k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.69-£182k£4.1M
20230.55-£324k£2.1M
20220.68

Derived from filed accounts. Not audited figures.