Mercygrace Limited

Mercygrace Limited, based in London, UK, is a small, active company founded twelve years ago in 2012. With two employees and a real address in Abbeyswood, it’s a solo-founded operation managed by one director and owner. The company operates in the sale of used cars and light motor vehicles, as well as providing other service activities, and has a Google Business Profile indicating its presence. While it’s an irregular importer of furniture, lighting, and prefabricated buildings (just one month of import activity recorded), it's a regular exporter of vehicles, parts, and accessories (not for trains or trams), with twelve months of export activity as of February 2025.

The company's website, though not actively used, indicates a focus on vehicle shipping and logistics. It positions itself as a vehicle shipping agent in Dartford, England, and highlights its compliance with regulations. Though small, it’s clearly aiming to provide reliable transportation solutions for vehicles.

Financially, Mercygrace Limited’s numbers show some concerning trends. Accumulated depreciation impairment property plant equipment increased by 15%, which is not always a bad sign, but net assets liabilities dropped by 5.7% to -£530,000. Bank borrowings have completely disappeared, which could be good, but bank overdrafts skyrocketed by 1300% to £61,000—a significant increase. Creditors also decreased, which is positive, but total inventories plummeted 71% to £94,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the sharp decline in equity and the ballooning overdrafts raise questions about its financial stability. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Mercygrace Limited is facing financial pressures. While its export business appears to be ongoing, the company needs to address its debt situation and manage its inventory levels to ensure its long-term viability.

Registered in England/Wales under the registration number 08131138, with a registered address at SE2 9LL, London, 4 Mottisfont Road, Abbeyswood.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.