Merit Properties Limited
05588527
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 11/10/2025
Due 25/10/2026
Industry
Officers
director · Since 11/10/2005
DIRECTOR
BRITISH · ENGLAND · Age 63
Also on 14 other boards
Persons with Significant Control
Mr Robin Charles Sandlant Taylor
British · England · Age 63
98, Searby Road, Lincoln, LN2 4DT
Notified 06/04/2016
Amanda Jean Taylor
British · England · Age 61
98, Searby Road, Lincoln, LN2 4DT
Notified 20/03/2025
Charges0 outstanding
HSBC BANK PLC
HSBC BANK PLC
CompanyRankvs 96695+ SIC 68209 peers53
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.06 |
| 2023 | 0.05 |
| 2022 | 0.28 |
| 2021 | 0.21 |
| 2020 | 0.13 |
| 2019 | 0.05 |
| 2018 | 0.26 |
Derived from filed accounts. Not audited figures.