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Merlinward Limited

03247516

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

FIRST FLOOR 12 ST JOHNS WAY, DOWNHAM MARKET, PE38 0QQ
Incorporated 09/09/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Neil Alfred Lake

director · Since 23/09/1996

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 9 other boards

Mr Neil Alfred Lakes

secretary · Since 10/09/2023

Persons with Significant Control

Mr Neil Alfred Lake

75–100% shares

British · United Kingdom · Age 65

35, Gravel Hill Lane, King's Lynn, PE33 0QG

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

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Created 07/10/2008Registered 08/10/2008Satisfied 12/03/2026
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LLOYDS TSB BANK PLC

Created 07/10/2008Registered 08/10/2008Satisfied 12/03/2026
charge
satisfied

LLOYDS TSB BANK PLC

Created 12/11/2004Registered 26/11/2004Satisfied 12/03/2026
charge
satisfied

LLOYDS TSB BANK PLC

Created 04/06/2004Registered 18/06/2004Satisfied 12/03/2026
charge
satisfied

LLOYDS TSB BANK PLC

Created 04/06/2004Registered 18/06/2004Satisfied 12/03/2026
charge
satisfied

LLOYDS TSB BANK PLC

Created 04/06/2004Registered 18/06/2004Satisfied 12/03/2026
charge
satisfied

LLOYDS TSB BANK PLC

Created 26/10/2003Registered 05/11/2003Satisfied 12/03/2026
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/03/2001Registered 06/03/2001Satisfied 07/09/2004
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/02/2001Registered 17/02/2001Satisfied 07/09/2004
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/05/1998Registered 05/06/1998Satisfied 07/09/2004
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/08/1997Registered 16/09/1997Satisfied 07/09/2004
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/04/1997Registered 22/04/1997Satisfied 07/09/2004

CompanyRankvs 23495+ SIC 68209 peers
73

Financial strength89th percentile among SIC peers · 22/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.08× · 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 strength22/25 pts

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

Employees9/15 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 30/09/2024

Net Worth

£514k

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£107k

Current Liabilities

£99k

Fixed Assets

£658k

Debtors

£81k

1avg. employees

Balance Sheet

Bank loans & overdrafts£34k
Assets less current liabilities£666k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.08+£61k
20230.96+£47k
20220.95+£23k
20210.97+£16k
20201.03+£22k
20190.99+£22k
20181.03

Derived from filed accounts. Not audited figures.