Merlin Flex Limited
03235739
Healthy
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 08/06/2010
director · Since 01/08/2011
OPERATIONS COMMERCIAL
BRITISH · UNITED KINGDOM · Age 56
Also on 2 other boards
director · Since 21/09/2021
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 6 other boards
Persons with Significant Control
Merlin Pcb Group Limited
162-164 High Street, Rayleigh, SS6 7BS
Reg: 03734701 · England And Wales · Limited Company
Notified 07/08/2019
Former PSCs
Mr Neil Jonathan Martin
Ceased 07/08/2019
Charges1 outstanding
LLOYDS TSB COMMERCIAL FINANCE LIMITED
BANK OF SCOTLAND PLC
BANK OF SCOTLAND PLC
CompanyRankvs 18+ SIC 26110 peers69
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/03/2025
Turnover
£8.0M
Annual revenue
Net Worth
£5.6M
Balance sheet strength
Cash
£553k
Cash in the bank
Profit Before Tax
£1.1M
Bottom line earnings
Net Current Assets
£3.2M
Working capital
Current Assets
£4.3M
Current Liabilities
£1.1M
Fixed Assets
£2.9M
Debtors
£2.9M
Cost of Sales
£4.9M
Gross Profit
£3.1M
Admin Expenses
£2.0M
Operating Profit
£1.1M
Profit After Tax
£955k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 3.81 | +£455k | — |
| 2024 | 3.62 | +£942k | — |
| 2023 | 2.95 | +£512k | — |
| 2022 | 3.74 | +£527k | — |
| 2021 | 2.58 | +£417k | — |
| 2019 | 2.04 | — | £382k |
Derived from filed accounts. Not audited figures.