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Meritplan Limited

01585431

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

122 CHARLES STREET, LEICESTER, LE1 1LB
Incorporated 11/09/1981

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Sunilkumar Vallabhbhai Patel

secretary · Since 20/08/1991

BRITISH · UNITED KINGDOM · Age 69

Also on 3 other boards

Mr Maheshkumar Vallabhbhai Patel

director · Since 20/08/1991

PHARMACIST

BRITISH · ENGLAND · Age 68

Mr Sunilkumar Vallabhbhai Patel

director · Since 20/08/1991

RETAILER

BRITISH · UNITED KINGDOM · Age 69

Also on 3 other boards

Mr Vinaykumar Vallabhbhai Patel

director · Since 20/08/1991

PHARMACIST

BRITISH · UNITED KINGDOM · Age 64

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 27/01/1999Registered 04/02/1999
charge
satisfied

BARCLAYS BANK PLC

Created 03/12/1981Registered 17/12/1981Satisfied 01/09/2025

CompanyRankvs 2016+ SIC 47730 peers
65

Financial strength63th percentile among SIC peers · 16/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 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.

Liquidity6/20 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£76k

Balance sheet strength

Cash

£111k

Cash in the bank

Net Current Assets

-£78k

Working capital

Current Assets

£393k

Current Liabilities

£472k

Fixed Assets

£157k

Debtors

£200k

16avg. employees-1

Tax at Year End(2016)

Corp tax£30k

Balance Sheet

Assets less current liabilities£79k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20240.83-£9k
20230.84-£47k
20220.76-£54k
20210.89+£2k
20200.93-£19k
20190.90-£68k
20181.11-£63k
20161.37

Derived from filed accounts. Not audited figures.