# MERCANTILE ESTATES LTD (04334750)

> MERCANTILE ESTATES LTD is an active private limited company (company number 04334750) incorporated on 5 December 2001, registered in Gateshead. Its registered activity is development of building projects (SIC 41100). Latest abridged accounts cover the period ending 21 May 2025, showing net assets of £9.78m and cash of £167k, with 0 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 6% on the prior period (£9.21m). Across the last 3 periods on record the net-asset trend is rising.

- Status: Active
- Incorporated: 2001-12-05
- Registered office: Gateshead, NE8 4DP
- SIC 41100: Development of building projects
- Next accounts due: 2027-02-21
- Confirmation statement due: 2026-12-19
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the top quarter of 971 comparable companies in Newcastle (median £148, upper quartile £34k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-21 | £9.78m | £167k | £441k | £944k | — | — | 0 |
| 2024-05-21 | £9.21m | £27k | £343k | £842k | — | — | 2 |
| 2023-05-22 | £8.91m | £109k | £212k | £883k | — | — | 2 |

current ratio 0.64; net assets trend rising; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £9,778,870 at 21 May 2025
- Current assets below creditors within one year: Current ratio 0.64
- Cash at bank of £50,000 or more: Cash £167,161
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 5 December 2001

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Jeffrey Steiner — owns 25–50% of shares, since 2016-12-05

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/04334750
HTML: https://firmoscan.com/company/04334750-mercantile-estates-ltd