# MERCHANT & FOUND LIMITED (11124623)

> MERCHANT & FOUND LIMITED is an active private limited company (company number 11124623) incorporated on 27 December 2017, registered in London. Its registered activity is agents involved in the sale of furniture, household goods, hardware and ironmongery (SIC 46150). Latest small accounts cover the period ending 31 December 2024, showing net assets of −£1.49m and cash of £9,871, with 12 employees on average. Net assets fell 135% on the prior period (−£635k).

- Status: Active
- Incorporated: 2017-12-27
- Registered office: London, W1U 6DZ
- SIC 46150: Agents involved in the sale of furniture, household goods, hardware and ironmongery
- Next accounts due: 2026-09-30
- Confirmation statement due: 2027-01-10
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 530 comparable companies in London (median £1,774, upper quartile £13k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | −£1.49m | £9,871 | £67k | £2.67m | — | — | 12 |
| 2023-12-31 | −£635k | £5,796 | £58k | £1.62m | — | — | 8 |

current ratio 0.42; size band micro.

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

- Net assets below zero: Net assets £-1,489,751 at 31 December 2024
- Net assets down 25% or more on the prior period: -134.5% vs prior period
- Current assets below creditors within one year: Current ratio 0.42
- Incorporated five or more years ago: Incorporated 27 December 2017
- Accounts past their due date: Due 30 September 2026

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

## Persons with significant control

- Mr Paul Gilbert Middlemiss — owns 50–75% of shares; holds 50–75% of voting rights, since 2017-12-27
- Mr Jonas Hans Kamprad — owns 25–50% of shares; holds 25–50% of voting rights, since 2018-12-27

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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/11124623
HTML: https://firmoscan.com/company/11124623-merchant-found-limited