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Merton Road Development Limited

08676058

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

7 THEOBALD COURT, BOREHAMWOOD, WD6 4RN
Incorporated 04/09/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68209
Other letting and operating of own or leased real estate

Officers

Mr Raymond Paul Gordon

director · Since 04/09/2013

ELECTRONIC ENGINEER

BRITISH · UNITED KINGDOM · Age 58

Also on 5 other boards

Mr Paul Anthony Cowen

director · Since 01/04/2025

ACCOUNTANT

BRITISH · ENGLAND · Age 62

Also on 6 other boards

Mrs Nicola May Gordon

director · Since 01/04/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Mrs Nicola May Gordon

25–50% shares

British · England · Age 57

7 Theobald Court, Theobald Street, Borehamwood, WD6 4RN

Notified 06/04/2016

Mr Raymond Paul Gordon

25–50% shares

British · United Kingdom · Age 58

7 Theobald Court, Theobald Street, Borehamwood, WD6 4RN

Notified 06/04/2016

CompanyRankvs 17177+ SIC 41100 peers
66

Financial strength92th percentile among SIC peers · 23/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 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.

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.

Longevity13/15 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 30/09/2025

Net Worth

£777k

Balance sheet strength

Cash

£92k

Cash in the bank

Net Current Assets

-£2.8M

Working capital

Current Assets

£284k

Current Liabilities

£3.0M

Fixed Assets

£3.7M

Debtors

£192k

3avg. employees+2

Balance Sheet

Assets less current liabilities£952k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09+£637k
20240.07+£71k
2023-£427
2022-£712
2021-£560
2020-£2k
2019-£375

Derived from filed accounts. Not audited figures.