Company Overview
Mer Fleet Services Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 17 April 2014, so this is a well established company. Mer Fleet Services Limited has been in business for 10 years. The accounts status is medium and the accounts are next due on Monday 30 September 2024.
Registered Address

19Th Floor, 22 Bishopsgate, London, EC2N 4BQ
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Companies House Data
Company NameMER FLEET SERVICES LIMITED
Company Number09002413
Registered Office Address19TH FLOOR
 22 BISHOPSGATE
 EC2N 4BQ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date17/04/2014
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2024
Accounts Last Made Up Date31/12/2022
Accounts Account CategoryMEDIUM
Returns Next Due Date20/05/2017
Returns Last Made Up Date22/04/2016
Previous Company NameChanged Date
ELMTRONICS LTD24 Mar 2022
Directors & Members
Show Resigned
Alex Hinchcliffe - Director
(British, 48 years old, born July 1976)
Company Director - Appointed 24 October 2023
 Active
Kristoffer Thoner - Director
(Norwegian, 48 years old, born December 1976)
Corporate Executive - Appointed 01 February 2022
 Active
Ole Thorsnes - Director
(Norwegian, 41 years old, born January 1983)
Chief Financial Officer - Appointed 14 April 2022
 Active
Secretaries
Show Resigned
Other Company Directorships
Alex Hinchcliffe
ELMTRONICS GROUP LIMITED
GET WELL CONNECTED LTD
HUBSTA LIMITED
MER CHARGING UK LIMITED
MER UK HOLDING LIMITED
Kristoffer Thoner
MER CHARGING UK LIMITED
MER UK HOLDING LIMITED
Ole Thorsnes
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2019 31-Dec-2018
Balance Sheet
Fixed Assets 263,727 263,727 63,681
Current Assets 830,782 830,782 258,644
Creditors Due Within One Year 779,568 779,568 234,417
Working Cap 51,214 51,214 24,227
Total Assets Less Current Liabilities 314,941 314,941 87,908
Long-term Liabilities 288,133 288,133 75,372
Net Assets 26,808 26,808 12,536
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 26,808 26,808 12,536
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2019 31-Dec-2018
Tangible Fixed Assets - - -
Fixed Assets 24.1% 24.1% 19.8%
Stocks Inventory - - -
Debtors 57.3% 57.3% 63.6%
Cash Bank In Hand 2.1% 2.1% 1.0%
Current Assets 75.9% 75.9% 80.2%
Creditors Due Within One Year 71.2% 71.2% 72.7%
Net Current Assets Liabilities 4.7% 4.7% 7.5%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 2.4% 2.4% 3.9%
Capital Employed - - -
Total Assets Less Current Liabilities 28.8% 28.8% 27.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2019 31-Dec-2018
Liquidity Ratio 1.1 1.1 1.1
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2022 31-Dec-2019 31-Dec-2018
Assets 1,094,509 1,094,509 322,325
Debt 1,067,701 1,067,701 309,789
Net Assets/Debt 26,808 26,808 12,536

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around EC2N 4BQ
No other companies found in the same location
Document Filings
Confirmation statement made on 1 March 2024 with updates
Termination of appointment of Karl Royden Anders as a director on 24 October 2023
Termination of appointment of Folasade Kafidiya-Oke as a secretary on 12 January 2024
Statement of capital following an allotment of shares on 15 November 2023
Appointment of Mr. Alex Hinchcliffe as a director on 24 October 2023
Statement of capital following an allotment of shares on 28 July 2023
Confirmation statement made on 12 March 2023 with updates
Termination of appointment of Frederick Phillips as a director on 3 January 2023
Statement of capital following an allotment of shares on 16 February 2023
Statement of capital following an allotment of shares on 22 December 2022
Termination of appointment of Frederick James Alexander Parkes as a director on 8 December 2022
Statement of capital following an allotment of shares on 7 September 2022
Appointment of Mr. Karl Royden Anders as a director on 23 August 2022
Appointment of Mr. Frederick James Alexander Parkes as a director on 13 June 2022
Termination of appointment of Anthony Joseph Hinde as a director on 15 June 2022
Termination of appointment of Daniel Bryn Martin as a director on 8 June 2022
Appointment of Mr. Ole Ronny Thorsnes as a director on 14 April 2022
Previous accounting period shortened from 31 March 2022 to 31 December 2021
Resolutions
Certificate of change of name
Confirmation statement made on 12 March 2022 with updates
Memorandum and Articles of Association
Resolutions
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