Back to search

Merino Properties Limited

07268278

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

MILESTONE HOUSE, GUILDFORD, GU1 3YA
Incorporated 28/05/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Mark Edward Colley

secretary · Since 06/09/2013

Also on 23 other boards

Mr Mark Edward Colley

director · Since 06/09/2013

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 23 other boards

Persons with Significant Control

Mr Mark Edward Colley

75–100% shares

British · England · Age 41

Milestone House, Millbrook, Guildford, GU1 3YA

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

HANDELSBANKEN PLC

Created 13/01/2023Registered 17/01/2023
Charge
outstanding

HANDELSBANKEN PLC

Created 13/01/2023Registered 17/01/2023
Charge
outstanding

BARCLAYS BANK PLC

Created 18/11/2013Registered 06/12/2013
Charge
outstanding

BARCLAYS BANK PLC

Created 30/10/2013Registered 05/11/2013
Charge
satisfied

CAROL CLARK · BRIAN CLARK

Created 06/09/2013Registered 13/09/2013Satisfied 04/11/2014

CompanyRankvs 1308+ SIC 70100 peers
68

Financial strength80th percentile among SIC peers · 20/25
Employees52th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.47× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength20/25 pts

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

Employees8/15 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 30/11/2024

Net Worth

£927k

Balance sheet strength

Cash

£39k

Cash in the bank

Net Current Assets

£107k

Working capital

Current Assets

£180k

Current Liabilities

£73k

Debtors

£141k

1avg. employees

Tax at Year End

Corp tax£0

Balance Sheet

Assets less current liabilities£2.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.47+£96k
2023-£330k
20220.00+£336k
20210.00+£283k
20200.00+£77k
20190.00+£13k
20180.00

Derived from filed accounts. Not audited figures.