MERCANTILE CREDIT COMPANY LIMITED

Active
Company number 00290277Private limited companyIncorporated 1934

Key figures

£6,384
Net assets 2024

† MERCANTILE CREDIT COMPANY LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

MERCANTILE CREDIT COMPANY LIMITED does not disclose its turnover in its latest accounts; the profit for the year is as stated in the accounts.

Ratios

2024

Sector comparison

SIC 64910

Where the company stands among the 931 active companies whose first SIC code is 64910 (Financial leasing).

Net assets£6,384
Lower than 74% · median £97,368
Total assets£72,769
Lower than 72% · median £434,406
Company age92.3 years
Older than 99% · median 15.5 years
Largest in this sector by net assets
  1. MOTABILITY OPERATIONS LIMITED£3.4bn
  2. PORTERBROOK LEASING ASSET COMPANY LIMITED£2bn
  3. MITSUBISHI HC CAPITAL UK PLC£1.1bn
  4. SANTANDER CONSUMER (UK) PLC£719.7m
  5. HYUNDAI CAPITAL UK LIMITED£388.4m
  6. RANK GROUP FINANCE PLC£280.3m
  7. ALPHABET (GB) LIMITED£263.5m
  8. PEAC (UK) LIMITED£222.9m
  9. CREDIT GLORIOUS PROPERTY HOLDINGS LTD£209.7m
  10. DE LAGE LANDEN LEASING LIMITED£208.5m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 931. The line on each bar marks the median.

Summary: MERCANTILE CREDIT COMPANY LIMITED

What kind of company is it?

MERCANTILE CREDIT COMPANY LIMITED is a private limited company registered with Companies House under company number 00290277. It was incorporated on 17 Jul 1934. Its status is active. The registered office is in London (E14). Its nature of business (SIC 2007) is financial leasing (64910), activities of head offices (70100).

How is the company doing financially?

The latest accounts in the database are for 2024 (period ending 31 Dec 2024); the company files full accounts. Profit for the year was £223. Net assets were £6,384. Total assets were £72,769 and total liabilities £65,257.

How does it compare with similar companies?

Compared with 931 active companies whose first SIC code is 64910: By net assets it ranks lower than 74% of them (median £97,368). By total assets it ranks lower than 72% of them (median £434,406). It is older than 99% of them (median age 15.5 years).

Who runs and controls the company?

One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 15 Mar 2027.

Filed accounts2024
2024 †
Profit for the year223
Total assets72,769
Total liabilities65,257
Net assets / total equity6,384

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

History

3 events
  1. Financial year 2024 endedAccounts: net assets £6,384
  2. Barclays Bank Plc registered as a person with significant control
  3. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.