MERCANTILE CREDIT COMPANY LIMITED - Profile & Financials

Accounts Submitted 25 Sept 2025

Confirmation Statement Submitted 12 Mar 2025

Net assets £6.74K £356.00 2024 year on year

Total assets £75.15K £3.51K 2024 year on year

Total Liabilities £68.41K £3.16K 2024 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

1 Churchill Place London E14 5HP England

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£73.15k

Increased by £3.65k (+5%)

Net Assets

£6.74k

Increased by £356.00 (+6%)

Total Liabilities

£68.41k

Increased by £3.16k (+5%)

Turnover

£3.63k

Increased by £468.00 (+15%)

Employees

N/A

Debt Ratio

91%

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

3 active 36 resigned

Show resigned officers

						Status
Barcosec Limited	Corporate-secretary	United Kingdom	Unknown	—	10 Oct 2001	Active
Jonathan James Brown	Director	British	United Kingdom	58	19 Jul 2021	Active
Vukkalam Rangaswami Praveen Kumar	Director	Indian	India	48	26 May 2016	Active

Shareholders

Shareholders (1)


Barclays Group Holdings Limited	100.0%	400	Ordinary	27 Jun 2016

Persons with Significant Control

Persons with Significant Control (1)

1 Active

Barclays Bank Plc

United Kingdom

Active

Notified 6 Apr 2016

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

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Group Structure

BARCLAYS BANK PLC united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

BARCLAYS PLC united kingdom

MERCANTILE CREDIT COMPANY LIMITED Current Company

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
25 Sept 2025	Accounts	Annual accounts made up to 2024-12-31	View(25 pages)
12 Mar 2025	Confirmation Statement	Confirmation statement made on 2025-03-01 with no updates	View(3 pages)
9 Oct 2024	Accounts	Annual accounts made up to 2023-12-31	View(28 pages)
13 Mar 2024	Confirmation Statement	Confirmation statement made on 2024-03-01 with no updates	View(3 pages)
7 Oct 2023	Accounts	Annual accounts made up to 2022-12-31	View(26 pages)