Merit Property Limited
09398962
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 05/02/2015
Persons with Significant Control
Mr Richard Ashford
British · England · Age 48
Merit House, Units 1-4, Whitewall Road, Rochester, ME2 4WS
Notified 01/01/2017
Mr Roy Ashford
British · England · Age 70
Merit House, Units 1-4, Whitewall Road, Rochester, ME2 4WS
Notified 01/01/2017
Mr Jamie Ashford
British · England · Age 49
Merit House, Units 1-4, Whitewall Road, Rochester, ME2 4WS
Notified 01/01/2017
Charges2 outstanding
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CompanyRankvs 22654+ SIC 68209 peers64
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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.
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 31/08/2025
Net Worth
£5.0M
Balance sheet strength
Cash
£10k
Cash in the bank
Net Current Assets
£1.9M
Working capital
Current Assets
£2.2M
Current Liabilities
£330k
Fixed Assets
£10.9M
Debtors
£2.2M
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 6.65 | -£16k |
| 2024 | 1.82 | -£109k |
| 2023 | 2.45 | -£162k |
| 2022 | 0.95 | +£2.6M |
| 2021 | 1.31 | +£1.2M |
| 2020 | 1.18 | +£170k |
| 2019 | 0.93 | +£185k |
| 2018 | 0.82 | — |
Derived from filed accounts. Not audited figures.