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Mercia Events Ltd

14308158

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

216A COVENTRY ROAD, COVENTRY, CV7 9BH
Incorporated 19/08/2022

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 18/08/2025

Due 01/09/2026

On track

Industry

68202
Letting and operating of conference and exhibition centres

Officers

Mr Jagdeep Singh Rehal

director · Since 19/08/2022

DIRECTOR

BRITISH · ENGLAND · Age 53

Mr Harmandeep Singh

director · Since 19/08/2022

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 8 other boards

Persons with Significant Control

Mr Harmandeep Singh

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

British · England · Age 48

216a, Coventry Road, Coventry, CV7 9BH

Notified 19/08/2022

Mr Jagdeep Singh Rehal

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

British · England · Age 53

68, Dovedale Avenue, Coventry, CV6 7AN

Notified 19/08/2022

Charges1 outstanding

Charge
outstanding

PRYCROSS LIMITED

Created 31/01/2023Registered 31/01/2023

CompanyRankvs 483+ SIC 68202 peers
32

Financial strength85th percentile among SIC peers · 21/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees0/15 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.

Longevity4/15 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 31/08/2025

Net Worth

£105k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£463k

Working capital

Current Assets

£13k

Current Liabilities

£475k

Fixed Assets

£1.2M

Tax at Year End

Corp tax£21k

Director Loans

Company owes directors£403k

Balance Sheet

Assets less current liabilities£688k
Signed by Mr Jagdeepsingh Rehal 04/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03+£25k
20240.04+£30k
20230.04

Derived from filed accounts. Not audited figures.