GLOBAL MERCANTILE LTD Financials
- Company number
- 11776745CopyCopy
- Registered office
- 66 College Road, Harrow HA1 1BE
- Incorporated
- 21/01/2019
Company snapshot
- Status
- Liquidation
- Employees
- 19 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
65.98%vs 20222022: £1.18M
Total Assets
60.39%vs 20222022: £2.04M
Cash in Bank
123.93%vs 20222022: £98.74K
Total Liabilities
37.81%vs 20222022: £143.72K
Employees
+4vs 20222022: 15
In 2023, GLOBAL MERCANTILE LTD reported net assets of £1.97M. The same filing shows total assets of £3.27M, cash in bank of £221.10K and total liabilities of £198.07K. Reported headcount was 19 in 2023. Total Assets rose from £2.04M in 2022 to £3.27M in 2023 (60.39%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
65.98%from £1.18M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures GLOBAL MERCANTILE LTD filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+273%vs 2021+93.1% a year compound (CAGR)
Cash in Bank
+241%vs 2021+84.6% a year compound (CAGR)
Total Assets
+205%vs 2021+74.7% a year compound (CAGR)
Total Liabilities
+4.3%vs 2021+2.1% a year compound (CAGR)
Employees
+72.7%vs 2021+8Biggest increase
Net Assets+273%
£527.64K in 2021 to £1.97M in 2023
Every indicator Okredo holds for GLOBAL MERCANTILE LTD rose between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from GLOBAL MERCANTILE LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 60.19%2023
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 6.06%2023
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 111.63%2023
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 6.77%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for GLOBAL MERCANTILE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 527.64K | 1.18M | 1.97M |
| Total Assets£ | 1.07M | 2.04M | 3.27M |
| Cash in Bank£ | 64.86K | 98.74K | 221.10K |
| Total Liabilities£ | 189.84K | 143.72K | 198.07K |
| Employees | 11 | 15 | 19 |
GLOBAL MERCANTILE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for GLOBAL MERCANTILE LTD covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
GLOBAL MERCANTILE LTD reported net assets of £1.97M for 2023. That compares with £1.18M in 2022, a change of 65.98%.
GLOBAL MERCANTILE LTD reported total assets of £3.27M for 2023. That compares with £2.04M in 2022, a change of 60.39%.
GLOBAL MERCANTILE LTD reported cash in bank of £221.10K for 2023. That compares with £98.74K in 2022, a change of 123.93%.
GLOBAL MERCANTILE LTD reported 19 employees in 2023, compared with 15 in 2022.
Between 2021 and 2023, GLOBAL MERCANTILE LTD's net assets rose by 273%, cash in bank rose by 241%, total assets rose by 205% and total liabilities rose by 4.3%. Net assets compounded at 93.1% a year across the two years to 2023, from £527.64K to £1.97M. Reported headcount went from 11 in 2021 to 19 in 2023 (+8).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.