Merit Engineering Limited
02701668
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 30/03/1992
COMPANY DIRECTOR
BRITISH · WALES · Age 64
Also on 3 other boards
director · Since 30/03/1992
COMPANY DIRECTOR
BRITISH · WALES · Age 64
Also on 3 other boards
Persons with Significant Control
Mrs Gillian Sandra Alford
British · Wales · Age 64
Llyscoed, Park Road, Swansea, SA6 5AP
Notified 30/03/2017
Mr Kevin John Alford
British · Wales · Age 66
Llyscoed, Park Road, Swansea, SA6 5AP
Notified 30/03/2017
CompanyRankvs 161+ SIC 25620 peers84
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
£917k
Balance sheet strength
Cash
£877k
Cash in the bank
Net Current Assets
£800k
Working capital
Current Assets
£1.1M
Current Liabilities
£300k
Fixed Assets
£117k
Debtors
£192k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.66 | +£131k |
| 2024 | 5.06 | +£58k |
| 2023 | 5.70 | +£10k |
| 2022 | 6.47 | +£25k |
| 2021 | 6.40 | — |
Derived from filed accounts. Not audited figures.