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Merit Office Installations Limited

04040767

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

MERIT HOUSE UNITS 1-4 WHITEWALL ROAD, ROCHESTER, ME2 4WS
Incorporated 26/07/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52103
52103
82990
Other business support service activities

Officers

Mr Roy Ashford

director · Since 26/07/2000

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 11 other boards

Evelyn Irene Ashford

director · Since 04/08/2000

DIRECTOR

BRITISH · ENGLAND · Age 71

Mr Jamie Ashford

director · Since 19/09/2011

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 7 other boards

Mr Richard Ashford

director · Since 19/09/2011

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 11 other boards

Steven Weekes

secretary · Since 05/02/2015

Persons with Significant Control

Merit Group Holdings Limited

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

Merit House, Units 1-4 Whitewall Road, Rochester, ME2 4WS

Reg: 09579112 · England And Wales · Company Limited By Shares

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

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FORWARDVOTE LIMITED

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THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED (THE SECURITY HOLDER)

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charge
satisfied

FORWARDVOTE LIMITED

Created 09/08/2002Registered 14/08/2002Satisfied 08/11/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/07/2002Registered 24/07/2002Satisfied 08/11/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/09/2000Registered 13/09/2000Satisfied 08/11/2013
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 30/08/2000Registered 06/09/2000Satisfied 08/11/2013

CompanyRankvs 902+ SIC 52103 peers
51

Financial strength97th percentile among SIC peers · 24/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.49× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees5/15 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

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

Key FinancialsYear ending 31/08/2024

Net Worth

£3.7M

Balance sheet strength

Cash

£202k

Cash in the bank

Profit Before Tax

£1.7M

Bottom line earnings

Net Current Assets

£2.4M

Working capital

Current Assets

£7.3M

Current Liabilities

£4.9M

Fixed Assets

£2.5M

Debtors

£7.1M

Admin Expenses

£2.7M

Profit After Tax

£1.4M

1avg. employees-43

Tax at Year End

Corp tax£621k
Dividends paid£966k

Director Loans(2022)

Company owes directors£2k

People Costs

Wages & salaries£2.1M

Balance Sheet

Intangible assets£19k
Assets less current liabilities£4.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.49+£323k
20231.54+£517k
20221.89+£1.5M
20211.95+£278k
20201.81+£142k
20191.17+£298k
20181.10

Derived from filed accounts. Not audited figures.