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Merridale Ltd

02990709

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

MERRIDALE WORKS LOWER WALSALL STREET, WOLVERHAMPTON, WV1 2EU
Incorporated 16/11/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr Daniel Zhang

director · Since 28/02/2025

COMPANY DIRECTOR

SWEDISH · SWEDEN · Age 36

Mr David Richard Barton

director · Since 06/08/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 9 other boards

Mr Paul Stephen Russell

director · Since 31/03/2026

BRITISH · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Teqnion Ab

75–100% shares
75–100% votes
Appoint directors

Evenemangsgatan 31 A, Solna 169 56, Solna

Reg: 556713-4183 · Sweden · Company

Notified 28/02/2025

Former PSCs

Ledbury Russell Limited

Ceased 28/02/2025

Charges0 outstanding

charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 18/06/2001Registered 27/06/2001Satisfied 04/08/2016
charge
satisfied

ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 21/05/2001Registered 29/05/2001Satisfied 04/08/2016

CompanyRankvs 631+ SIC 28990 peers
73

Financial strength73th percentile among SIC peers · 18/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.19× · 12/20
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 strength18/25 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.

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.

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

£425k

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

£395k

Working capital

Current Assets

£2.4M

Current Liabilities

£2.0M

Fixed Assets

£40k

Debtors

£550k

21avg. employees+1

Balance Sheet

Assets less current liabilities£435k
Signed by P Olsson 29 April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.19-£436k
20231.65-£318k
20222.51+£161k
20212.79+£104k
20202.62+£41k
20193.07+£45k
20183.17

Derived from filed accounts. Not audited figures.