MERCHANT HUB LIMITED Financials
- Company number
- 06940356Copy
Copy - Registered office
- Building 18 Gateway 1000 Whittle Way, Arlington Business Park, Stevenage SG1 2FP
- Incorporated
- 22/06/2009
Company snapshot
- Status
- Active
- Employees
- 12 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-84.29%vs 20232023: £621.30K
Total Assets
-52.90%vs 20232023: £1.81M
Cash in Bank
107.36%vs 20232023: £-78.88K
Total Liabilities
-23.70%vs 20232023: £573.26K
Employees
0vs 20232023: 12
In 2024, MERCHANT HUB LIMITED reported net assets of £97.59K. The same filing shows total assets of £851.94K, cash in bank of £5.80K and total liabilities of £437.39K. Reported headcount was 12 in 2024. Total Assets fell from £1.81M in 2023 to £851.94K in 2024 (-52.90%). Okredo holds filed figures for 2021–2024; 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
-84.29%from £621.30K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures MERCHANT HUB LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-64.2%vs 2022-40.1% a year compound (CAGR)
Cash in Bank
Increasedvs 2022Total Assets
-10.7%vs 2022-5.5% a year compound (CAGR)
Total Liabilities
+11%vs 2022+5.4% a year compound (CAGR)
Employees
+20%vs 2022+2Biggest increase
Employees+20%
10 in 2022 to 12 in 2024
Biggest decrease
Net Assets-64.2%
£272.24K in 2022 to £97.59K in 2024
MERCHANT HUB LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MERCHANT HUB 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
- 11.45%2024
- Liabilities to total assets
- 51.34%2024
- Cash to liabilities
- 1.33%2024
- Cash to total assets
- 0.68%2024
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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 MERCHANT HUB LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 251.52K | 272.24K | 621.30K | 97.59K |
| Total Assets£ | 1.37M | 954.53K | 1.81M | 851.94K |
| Cash in Bank£ | 13.00K | -117.15K | -78.88K | 5.80K |
| Total Liabilities£ | 1.09M | 393.99K | 573.26K | 437.39K |
| Employees | 8 | 10 | 12 | 12 |
MERCHANT HUB LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MERCHANT HUB LIMITED filed financial statements?
Yes. Okredo holds filed figures for MERCHANT HUB LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did MERCHANT HUB LIMITED report in 2024?
MERCHANT HUB LIMITED reported net assets of £97.59K for 2024. That compares with £621.30K in 2023, a change of -84.29%.
What total assets did MERCHANT HUB LIMITED report in 2024?
MERCHANT HUB LIMITED reported total assets of £851.94K for 2024. That compares with £1.81M in 2023, a change of -52.90%.
What cash in bank did MERCHANT HUB LIMITED report in 2024?
MERCHANT HUB LIMITED reported cash in bank of £5.80K for 2024. That compares with £-78.88K in 2023, a change of 107.36%.
How many people does MERCHANT HUB LIMITED employ?
MERCHANT HUB LIMITED reported 12 employees in 2024, compared with 12 in 2023.
How have MERCHANT HUB LIMITED financials changed over the last 3 years?
Between 2022 and 2024, MERCHANT HUB LIMITED's net assets fell by 64.2%, total assets fell by 10.7%, total liabilities rose by 11% and employee numbers rose by 20%. Net assets contracted at 40.1% a year across the two years to 2024, from £272.24K to £97.59K. Reported headcount went from 10 in 2022 to 12 in 2024 (+2).
Which years of MERCHANT HUB LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.