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Merit Plastic Mouldings Limited

01145167

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

MERIT PLASTICS MOULDINGS LTD, DISS, IP22 4YE
Incorporated 13/11/1973

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Mr Andrew John Keeble

director · Since 22/01/2013

TECHNICAL DIRECTOR

BRITISH · ENGLAND · Age 56

Mrs Rebecca Lyttle

director · Since 10/05/2017

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Persons with Significant Control

Merit Plastic Holdings Limited

75–100% shares
75–100% votes

Merit Plastics Mouldings Ltd, Vinces Road, Diss, IP22 4YE

Reg: 1356423 · England & Wales · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

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CompanyRankvs 643+ SIC 22290 peers
70

Financial strength84th percentile among SIC peers · 21/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.89× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£1.0M

Balance sheet strength

Cash

£47k

Cash in the bank

Net Current Assets

£647k

Working capital

Current Assets

£1.4M

Current Liabilities

£728k

Fixed Assets

£873k

Debtors

£896k

28avg. employees

Balance Sheet

Assets less current liabilities£1.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.89+£46k
20231.82-£45k
20221.97-£158k
20211.99+£2k
20202.40+£8k
20192.12+£90k
20182.93

Derived from filed accounts. Not audited figures.