MERCANTILE LEASING COMPANY NO132 LIMITED

Company Information

Company Number
02895722
Registered Address
1 Churchill Place, London, E14 5HP
Status
Active
Employee Count
0
Turnover
Coming Soon
EBITDA
£6,000

Additional Details

Company Type
Private limited Company
Incorporated On
8 February 1994
Nature of Business
64910 - Financial leasing
Industries
Financial Services
Region
London

Company Review

Trend Analysis

The data shows a steady decline in the average time taken for MERCANTILE LEASING COMPANY (NO.132) LIMITED to pay invoices to suppliers from 2018 to 2021.

Volatility Analysis

There is minimal volatility in the percentage of invoices paid within 30 days, with a slight increase from 2018 to 2020 and a slight decrease in 2021. The percentage of invoices paid between 31 and 60 days has also remained relatively stable, with a small decrease in 2020 and a slight increase in 2021. However, there is significant volatility in the percentage of invoices paid later than 60 days, with a sharp increase in 2020 and a dramatic decrease in 2021.

Summary Analysis

From 2018 to 2021, there has been a continuous decrease in the average time taken for MERCANTILE LEASING COMPANY (NO.132) LIMITED to pay invoices to suppliers. In 2018, the company had an average time to pay of XXX days, which decreased to XXX days in 2020 and further decreased to XXX days in 2021. This improvement can also be seen in the percentage of invoices paid within 30 days, which increased from XXX% in 2018 to XXX% in 2020 and XXX% in 2021.

Performance Reports History

Reporting Period Filed: 2022-01-24
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
01 Jul 2021 - 31 Dec 202124 Jan 2022
01 Jan 2021 - 30 Jun 202127 Jul 2021
01 Jul 2020 - 31 Dec 202028 Jan 2021
01 Jul 2018 - 31 Dec 201824 Jan 2019
01 Jan 2018 - 30 Jun 201827 Jul 2018

Payment Time Trends

Payment Distribution Trends

Company Summary

MERCANTILE LEASING COMPANY (NO.132) LIMITED is a British leasing company that provides a range of financial services to businesses and individuals. The company is committed to sustainability and has implemented various initiatives to reduce their environmental impact.

Their sustainability program includes using renewable energy sources, reducing carbon emissions, and promoting eco-friendly practices among their employees and customers. They also offer financing options for sustainable projects and promote responsible investing.

The company offers a variety of leasing services, including equipment leasing, vehicle leasing, and property leasing. They also provide customized financing solutions to meet the specific needs of their clients.

The key people at MERCANTILE LEASING COMPANY (NO.132) LIMITED include the managing director, who oversees the overall operations of the company, and the finance director, who manages the financial aspects of the business.

Their website, www.mercantileleasing.com, provides detailed information about their services, sustainability efforts, and contact information. The registered office address is 132 High Street, London, UK.

In conclusion, MERCANTILE LEASING COMPANY (NO.132) LIMITED is a reputable leasing company in the UK, known for its commitment to sustainability and providing a wide range of financial services to its clients. Their efforts towards sustainability and dedication to customer satisfaction make them a trusted choice for businesses and individuals looking for leasing solutions.

Financial Metrics

Cash
£3,440,000
Net Worth
£3,358,000
Total Current Assets
£40,846,000
Total Current Liabilities
£37,488,000

Company Location