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Merritt Decorators Limited

04851148

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

6 ST. GEORGES SQUARE, PORTSMOUTH, PO1 3EY
Incorporated 30/07/2003

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 14/06/2026

Due 28/06/2027

On track

Industry

43341
Painting

Officers

Mr Stephen David Merritt

director · Since 30/07/2003

CONTRACTOR

BRITISH · ENGLAND · Age 69

Also on 10 other boards

Mr James Merritt

director · Since 01/09/2024

PAINTER

BRITISH · UNITED KINGDOM · Age 30

Persons with Significant Control

Mr Stephen David Merritt

75–100% shares

British · England · Age 69

2, Denvilles Close, Havant, PO9 2QY

Notified 19/08/2016

CompanyRankvs 4161+ SIC 43341 peers
57

Financial strength13th percentile among SIC peers · 3/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.25× · 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 strength3/25 pts

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

Employees12/15 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 31/12/2025

Net Worth

-£1k

Balance sheet strength

Cash

£129k

Cash in the bank

Net Current Assets

£29k

Working capital

Current Assets

£147k

Current Liabilities

£118k

Fixed Assets

£12k

Debtors

£18k

3avg. employees+1

Balance Sheet

Assets less current liabilities£41k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.25+£117k
20240.58-£26k
20230.56—

Derived from filed accounts. Not audited figures.