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Merrycare Limited

05623104

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

2 GROVES WAY, CAMBRIDGE, CB24 8BH
Incorporated 15/11/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87300
Residential care activities for the elderly and disabled

Officers

Mr Radha Krishna Sooben

director · Since 01/01/2010

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 2 other boards

Persons with Significant Control

Mr Radha Krishna Sooben

75–100% shares

British · England · Age 63

2, Groves Way, Cambridge, CB24 8BH

Notified 01/06/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/10/2007Registered 13/10/2007

CompanyRankvs 138+ SIC 87300 peers
78

Financial strength99th percentile among SIC peers · 25/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 15.39× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2024

Net Worth

£7.6M

Balance sheet strength

Cash

£2.3M

Cash in the bank

Net Current Assets

£6.3M

Working capital

Current Assets

£6.7M

Current Liabilities

£435k

Fixed Assets

£1.4M

Debtors

£4.4M

40avg. employees+2

Tax at Year End(2016)

Corp tax£151k

Balance Sheet

Assets less current liabilities£7.7M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
202415.39+£1.0M
202314.86+£1.0M
202213.39+£873k
202113.73+£918k
202010.87+£647k
201910.64+£526k
20188.79+£1.1M
20165.31

Derived from filed accounts. Not audited figures.