MERC GROUP LIMITED Financials
- Company number
- 06734014CopyCopy
- Registered office
- 1 Bentley Wood Way Network 65 Business Park, Hapton, Burnley, Lancashire BB11 5TG
- Incorporated
- 27/10/2008
Company snapshot
- Status
- Active
- Employees
- 4 (2023)
- Latest financial data
- 2023
- Accounts type
- Audit Exemption Subsidiary
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-0.04%vs 20222022: £472.44K
Total Assets
0.43%vs 20222022: £374.73K
Cash in Bank
-96.44%vs 20222022: £374.73K
Total Liabilities
24.98%vs 20222022: £7.25K
Employees
0vs 20222022: 4
In 2023, MERC GROUP LIMITED reported net assets of £472.25K. The same filing shows total assets of £376.35K, cash in bank of £13.35K and total liabilities of £9.06K. Reported headcount was 4 in 2023. Cash in Bank fell from £374.73K in 2022 to £13.35K in 2023 (-96.44%). 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
-0.04%from £472.44K 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 MERC GROUP LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+19.5%vs 2021+9.3% a year compound (CAGR)
Total Assets
+19.3%vs 2021+9.2% a year compound (CAGR)
Total Liabilities
-63.8%vs 2021-39.8% a year compound (CAGR)
Employees
0%vs 2021Biggest increase
Net Assets+19.5%
£395.30K in 2021 to £472.25K in 2023
Biggest decrease
Total Liabilities-63.8%
£25.00K in 2021 to £9.06K in 2023
MERC GROUP LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MERC GROUP LIMITED'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
- 125.48%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
- 2.41%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
- 147.36%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
- 3.55%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 MERC GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 395.30K | 472.44K | 472.25K |
| Total Assets£ | 315.34K | 374.73K | 376.35K |
| Cash in Bank£ | – | 374.73K | 13.35K |
| Total Liabilities£ | 25.00K | 7.25K | 9.06K |
| Employees | 4 | 4 | 4 |
MERC GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MERC GROUP LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
MERC GROUP LIMITED reported net assets of £472.25K for 2023. That compares with £472.44K in 2022, a change of -0.04%.
MERC GROUP LIMITED reported total assets of £376.35K for 2023. That compares with £374.73K in 2022, a change of 0.43%.
MERC GROUP LIMITED reported cash in bank of £13.35K for 2023. That compares with £374.73K in 2022, a change of -96.44%.
MERC GROUP LIMITED reported 4 employees in 2023, compared with 4 in 2022.
Between 2021 and 2023, MERC GROUP LIMITED's net assets rose by 19.5%, total assets rose by 19.3%, total liabilities fell by 63.8% and employee numbers was unchanged. Net assets compounded at 9.3% a year across the two years to 2023, from £395.30K to £472.25K. Reported headcount went from 4 in 2021 to 4 in 2023.
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.