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Merit Properties Limited

05588527

active
Private Limited Company
england wales
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

98 SEARBY ROAD, LINCOLN, LN2 4DT
Incorporated 11/10/2005

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 11/10/2025

Due 25/10/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Amanda Jean Taylor

secretary · Since 11/10/2005

BRITISH

Mr Robin Charles Sandlant Taylor

director · Since 11/10/2005

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 14 other boards

Persons with Significant Control

Mr Robin Charles Sandlant Taylor

75–100% shares
75–100% votes
Appoint directors

British · England · Age 63

98, Searby Road, Lincoln, LN2 4DT

Notified 06/04/2016

Amanda Jean Taylor

75–100% shares
75–100% votes
Appoint directors

British · England · Age 61

98, Searby Road, Lincoln, LN2 4DT

Notified 20/03/2025

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 12/08/2008Registered 15/08/2008Satisfied 23/11/2016
charge
satisfied

HSBC BANK PLC

Created 06/06/2008Registered 14/06/2008Satisfied 23/11/2016

CompanyRankvs 96695+ SIC 68209 peers
53

Financial strength36th percentile among SIC peers · 9/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.06× · 2/20
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 strength9/25 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£100

Balance sheet strength

Cash

£63k

Cash in the bank

Net Current Assets

-£2.2M

Working capital

Current Assets

£132k

Current Liabilities

£2.4M

Debtors

£69k

2avg. employees

Balance Sheet

Assets less current liabilities£26k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.06
20230.05
20220.28
20210.21
20200.13
20190.05
20180.26

Derived from filed accounts. Not audited figures.