MERCANTILE TRUST SYNDICATE NUMBER ONE LIMITED
Get an alert when MERCANTILE TRUST SYNDICATE NUMBER ONE LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-01 (in 10mo)
Last made up 2026-02-15
Watchouts
None on the register
Cash
£2M
Latest balance sheet
Net assets
£10M
Equity attributable
Employees
—
Average over period
Profit before tax
£27K
Period ending 2024-12-31
Net assets
1-year trend · vs Financials median
Accounts
1-year trend · latest reflected 2024-12-31
| Metric | Trend | 2024-12-31 |
|---|---|---|
| Turnover | £108,000 | |
| Operating profit | £27,000 | |
| Profit before tax | £27,000 | |
| Net profit | £20,000 | |
| Cash | £1,756,000 | |
| Total assets less current liabilities | £28,554,000 | |
| Net assets | £10,020,000 | |
| Equity | £10,020,000 | |
| Average employees | — | |
| Wages | — | |
| Directors' remuneration | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
Latest filed period vs the prior one
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 |
|---|---|---|
| Operating margin | 25.0% | |
| Net margin | 18.5% | |
| Return on capital employed | 0.1% | |
| Gearing (liabilities / total assets) | 65.0% | |
| Current ratio | 362.44x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- MERCANTILE TRUST SYNDICATE NUMBER ONE LIMITED 2024-04-05 → present
- MERCANTILE NEWSUBCO LIMITED 2024-02-16 → 2024-04-05
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Lovewell Blake LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”
Significant events
- “The Company was incorporated on 16 February 2024 and acquired the loan book of its parent undertaking on 20 December 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CROSS, Tara | Secretary | 2024-11-01 | — | — |
| AFFLECK, Graeme John | Director | 2025-08-11 | May 1985 | British |
| BURTON, Debbie Carol | Director | 2024-07-31 | Jun 1971 | British |
| EVANS, Tara Louise | Director | 2025-01-13 | May 1982 | British |
| HOLLANDER, Paul Joseph | Director | 2024-02-16 | Sep 1980 | British |
| TURNER, Andrew Clive | Director | 2024-02-16 | Jun 1958 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| RICHARDSON, Anthony | Secretary | 2024-02-16 | 2024-11-01 |
| ASTLEY, Carl Daniel | Director | 2024-08-22 | 2025-06-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mercantile Trust Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-02-16 | Active |
Filing timeline
Last 20 of 20 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-04-05 CERTNM Certificate change of name company
- 2024-04-05 CONNOT Change of name notice
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-02-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-16 | CH01 | officers | Change person director company with change date | |
| 2025-08-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-23 | TM01 | officers | Termination director company with name termination date | |
| 2025-04-15 | AA | accounts | Accounts with accounts type full | |
| 2025-02-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-02-19 | SH01 | capital | Capital allotment shares | |
| 2025-01-14 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-24 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-11-01 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-11-01 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-08-27 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-01 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-04 | AA01 | accounts | Change account reference date company current shortened | |
| 2024-04-05 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-04-05 | CONNOT | change-of-name | Change of name notice | |
| 2024-02-16 | NEWINC | incorporation | Incorporation company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 1
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.