mercantile commercial services ltd
mercantile commercial services ltd Company Information
Company Number
11775593
Next Accounts
489 days late
Shareholders
howard robinson
Group Structure
View All
Industry
Repair of machinery
+1Registered Address
7 taylor street, darwen, BB3 1DQ
Website
-mercantile commercial services ltd Estimated Valuation
Pomanda estimates the enterprise value of MERCANTILE COMMERCIAL SERVICES LTD at £97.2k based on a Turnover of £267.3k and 0.36x industry multiple (adjusted for size and gross margin).
mercantile commercial services ltd Estimated Valuation
Pomanda estimates the enterprise value of MERCANTILE COMMERCIAL SERVICES LTD at £135.5k based on an EBITDA of £42.4k and a 3.2x industry multiple (adjusted for size and gross margin).
mercantile commercial services ltd Estimated Valuation
Pomanda estimates the enterprise value of MERCANTILE COMMERCIAL SERVICES LTD at £58.6k based on Net Assets of £21.2k and 2.76x industry multiple (adjusted for liquidity).
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Mercantile Commercial Services Ltd Overview
Mercantile Commercial Services Ltd is a live company located in darwen, BB3 1DQ with a Companies House number of 11775593. It operates in the repair of machinery sector, SIC Code 33120. Founded in January 2019, it's largest shareholder is howard robinson with a 100% stake. Mercantile Commercial Services Ltd is a young, micro sized company, Pomanda has estimated its turnover at £267.3k with unknown growth in recent years.
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Mercantile Commercial Services Ltd Health Check
Pomanda's financial health check has awarded Mercantile Commercial Services Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £267.3k, make it smaller than the average company (£2.2m)
- Mercantile Commercial Services Ltd
£2.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mercantile Commercial Services Ltd
- - Industry AVG
Production
with a gross margin of 12.9%, this company has a higher cost of product (28.5%)
- Mercantile Commercial Services Ltd
28.5% - Industry AVG
Profitability
an operating margin of 15.9% make it more profitable than the average company (3.5%)
- Mercantile Commercial Services Ltd
3.5% - Industry AVG
Employees
with 9 employees, this is below the industry average (22)
9 - Mercantile Commercial Services Ltd
22 - Industry AVG
Pay Structure
on an average salary of £30.9k, the company has an equivalent pay structure (£30.9k)
- Mercantile Commercial Services Ltd
£30.9k - Industry AVG
Efficiency
resulting in sales per employee of £29.7k, this is less efficient (£116.9k)
- Mercantile Commercial Services Ltd
£116.9k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is later than average (38 days)
- Mercantile Commercial Services Ltd
38 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (37 days)
- Mercantile Commercial Services Ltd
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mercantile Commercial Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mercantile Commercial Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.8%, this is a higher level of debt than the average (62.1%)
88.8% - Mercantile Commercial Services Ltd
62.1% - Industry AVG
MERCANTILE COMMERCIAL SERVICES LTD financials
Mercantile Commercial Services Ltd's latest turnover from January 2022 is estimated at £267.3 thousand and the company has net assets of £21.2 thousand. According to their latest financial statements, Mercantile Commercial Services Ltd has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|
| Turnover | |||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | |||
| Tax | |||
| Profit After Tax | |||
| Dividends Paid | |||
| Retained Profit | |||
| Employee Costs | |||
| Number Of Employees | 9 | 6 | 3 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|
| Tangible Assets | 148,085 | 20,104 | 6,232 |
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 148,085 | 20,104 | 6,232 |
| Stock & work in progress | |||
| Trade Debtors | 41,114 | 24,021 | 9,214 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | |||
| misc current assets | |||
| total current assets | 41,114 | 24,021 | 9,214 |
| total assets | 189,199 | 44,125 | 15,446 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 32,091 | 7,203 | 4,802 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 32,091 | 7,203 | 4,802 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | 135,861 | 50,000 | 3,025 |
| provisions | |||
| total long term liabilities | 135,861 | 50,000 | 3,025 |
| total liabilities | 167,952 | 57,203 | 7,827 |
| net assets | 21,247 | -13,078 | 7,619 |
| total shareholders funds | 21,247 | -13,078 | 7,619 |
| Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 17,093 | 14,807 | 9,214 |
| Creditors | 24,888 | 2,401 | 4,802 |
| Accruals and Deferred Income | |||
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | 85,861 | 46,975 | 3,025 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
mercantile commercial services ltd Credit Report and Business Information
Mercantile Commercial Services Ltd Competitor Analysis
Perform a competitor analysis for mercantile commercial services ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in BB3 area or any other competitors across 12 key performance metrics.
mercantile commercial services ltd Ownership
MERCANTILE COMMERCIAL SERVICES LTD group structure
Mercantile Commercial Services Ltd has no subsidiary companies.
Ultimate parent company
MERCANTILE COMMERCIAL SERVICES LTD
11775593
mercantile commercial services ltd directors
Mercantile Commercial Services Ltd currently has 4 directors. The longest serving directors include Mr Howard Robinson (Jun 2020) and Mr Howard Robinson (Jul 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Howard Robinson | England | 50 years | Jun 2020 | - | Director |
| Mr Howard Robinson | England | 50 years | Jul 2020 | - | Director |
| Mr Howard Robinson | England | 50 years | Nov 2020 | - | Director |
| Mr Howard Robinson | England | 50 years | Sep 2021 | - | Director |
P&L
January 2022turnover
267.3k
+62%
operating profit
42.4k
0%
gross margin
13%
-2.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2022net assets
21.2k
-2.62%
total assets
189.2k
+3.29%
cash
0
0%
net assets
Total assets minus all liabilities
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mercantile commercial services ltd company details
company number
11775593
Type
Private limited with Share Capital
industry
33120 - Repair of machinery
56290 - Other food service activities
incorporation date
January 2019
age
6
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2022
previous names
darwen food holding co ltd (January 2023)
darwen bakery limited (December 2022)
See moreaccountant
-
auditor
-
address
7 taylor street, darwen, BB3 1DQ
Bank
-
Legal Advisor
-
mercantile commercial services ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to mercantile commercial services ltd.
mercantile commercial services ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for MERCANTILE COMMERCIAL SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
mercantile commercial services ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
