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Merlin Circuit Technology Ltd.

02738434

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

162-164 HIGH STREET, RAYLEIGH, SS6 7BS
Incorporated 07/08/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26110
Manufacture of electronic components

Officers

Mr Nicholas James Mclean

director · Since 01/11/1996

WORKS MANAGER

BRITISH · ENGLAND · Age 62

Also on 2 other boards

Vikki Michelle Jones

secretary · Since 01/12/2007

ACCOUNTANT

BRITISH · Age 50

Also on 1 other board

Matthew Craig Beadel

director · Since 08/01/2014

TECHNICAL DIRECTOR

BRITISH · ENGLAND · Age 51

Vikki Michelle Jones

director · Since 01/06/2017

NONE

BRITISH · WALES · Age 50

Also on 1 other board

Mr Neil Jonathon Martin

director · Since 29/03/2019

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Persons with Significant Control

Mr Neil Jonathon Martin

Significant control

English · England · Age 58

162-164 High Street, Rayleigh, SS6 7BS

Notified 10/12/2016

Charges1 outstanding

charge
satisfied

BANK OF SCOTLAND PLC

Created 05/03/2010Registered 10/03/2010Satisfied 07/11/2024
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 04/11/2009Registered 10/11/2009Satisfied 07/11/2024
charge
satisfied

STATE SECURITIES PLC

Created 22/12/2004Registered 05/01/2005Satisfied 02/07/2019
charge
satisfied

STATE SECURITIES PLC

Created 27/04/2004Registered 13/05/2004Satisfied 02/07/2019
charge
satisfied

STATE SECURITIES PLC

Created 31/07/2003Registered 19/08/2003Satisfied 02/07/2019
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 26/08/1994Registered 31/08/1994

CompanyRankvs 161+ SIC 26110 peers
70

Financial strength92th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.34× · 12/20
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 strength23/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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 31/03/2025

Net Worth

£2.9M

Balance sheet strength

Cash

£129k

Cash in the bank

Net Current Assets

£706k

Working capital

Current Assets

£2.8M

Current Liabilities

£2.1M

Fixed Assets

£2.4M

Debtors

£2.2M

69avg. employees

Balance Sheet

Assets less current liabilities£3.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.34+£451k
20241.07+£424k
20230.90+£266k
20221.12+£201k
20211.20-£316k
20191.14

Derived from filed accounts. Not audited figures.