MERCANTILE LEASING COMPANY (NO.132) LIMITED

Accounts Submitted 11 Sept 2025

Confirmation Statement Submitted 14 Feb 2025

Net assets £3.50M £139.00K 2023 year on year

Total assets £2581.66M £151.86M 2023 year on year

Total Liabilities £2578.16M £152.00M 2023 year on year

Charges 1

1 outstanding

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Contact & Details

Contact

Update Details

Registered Address

1 Churchill Place London E14 5HP

Credit Report

Discover MERCANTILE LEASING COMPANY (NO.132) LIMITED's Credit Score, limit, and payment likelihood.

Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2023

Type Total Exemption Full

Next accounts 31 December 2024

Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2014–2023)

Cash in Bank

£3.62M

Increased by £183.00k (+5%)

Net Assets

£3.50M

Increased by £139.00k (+4%)

Total Liabilities

£2578.16M

Decreased by £152.00M (-6%)

Turnover

£6.00k

Employees

N/A

Debt Ratio

100%

Financial History

Revenue, profit, EBITDA and key financial figures

	2023 Dec Year End	2022 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

4 active 34 resigned

Show resigned officers

						Status
Barcosec Limited	Corporate-secretary	United Kingdom	Unknown	—	13 Sept 2001	Active
Christopher Simon White	Director	British	United Kingdom	47	19 Feb 2018	Active
Francis Daniel Macdonnell	Director	Canadian	United Kingdom	47	5 Feb 2020	Active
Mark Francis Beastall	Director	British	United Kingdom	47	15 Dec 2016	Active

Shareholders

Shareholders (1)


Barclays Group Holdings Limited	100.0%	100	Ordinary	28 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 LEASING COMPANY (NO.132) LIMITED Current Company

Charges

1 outstanding

Documents

Company Filings

Date	Category	Description	Document
11 Sept 2025	Accounts	Annual accounts made up to 2024-12-31	View(32 pages)
14 Feb 2025	Confirmation Statement	Confirmation statement made on 2025-02-01 with no updates	View(3 pages)
5 Feb 2025	Officers	Change to director Mr Francis Daniel Macdonnell on 2025-02-04	View(2 pages)
23 Aug 2024	Accounts	Annual accounts made up to 2023-12-31	View(31 pages)
2 Feb 2024	Confirmation Statement	Confirmation statement made on 2024-02-01 with no updates	View(3 pages)