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Meritz Limited

04578195

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 4 EXCHANGE HOUSE, PORTSMOUTH, PO2 9DD
Incorporated 31/10/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores

Officers

Mr Jeremy Robert Martin Smith

secretary · Since 31/10/2002

FINANCIAL DIRECTOR

BRITISH · ENGLAND · Age 83

Also on 5 other boards

Mrs Demelza Smith

director · Since 31/10/2002

MANAGER

BRITISH · ENGLAND · Age 61

Mr Jeremy Robert Martin Smith

director · Since 31/10/2002

FINANCIAL DIRECTOR

BRITISH · ENGLAND · Age 83

Also on 5 other boards

Persons with Significant Control

Mr Jeremy Robert Martin Smith

25–50% shares
25–50% votes
Appoint directors

British · England · Age 83

Unit 4 Exchange House, 122-124 London Road, Portsmouth, PO2 9DD

Notified 01/07/2016

Mrs Demelza Smith

25–50% shares
25–50% votes
Appoint directors

British · England · Age 61

Unit 4 Exchange House, 122-124 London Road, Portsmouth, PO2 9DD

Notified 01/07/2016

Charges1 outstanding

Charge
outstanding

LLOYDS TSB BANK PLC

Created 18/06/2013Registered 22/06/2013
charge
satisfied

HSBC BANK PLC

Created 14/08/2003Registered 22/08/2003Satisfied 25/05/2013

CompanyRankvs 7442+ SIC 47710 peers
27

Financial strength7th percentile among SIC peers · 2/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.38× · 2/20
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 strength2/25 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.

Liquidity2/20 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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/05/2025

Net Worth

-£48k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£93k

Working capital

Current Assets

£57k

Current Liabilities

£149k

Fixed Assets

£47k

Debtors

£14k

4avg. employees

Balance Sheet

Intangible assets£28k
Assets less current liabilities-£46k
Signed by Mrs Demelza Smith 23/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.38+£0
20250.38+£6k
20240.39-£16k
20230.45+£23k
20220.58+£16k
20210.49

Derived from filed accounts. Not audited figures.