Binary Spiders Ltd
09525143
Healthy
- Negative net worth (-10)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 22/09/2025
Due 06/10/2026
Industry
Officers
secretary · Since 03/02/2021
secretary · Since 22/01/2023
Persons with Significant Control
Jared Timothy Leonard Merritt
British · United Kingdom · Age 27
37, Avington, Milton Keynes, MK8 9DG
Notified 06/04/2016
Merritt Enterprises Ltd
3rd Floor, 45 Albemarle Street, London, W1S 4JL
Reg: 15515385 · Companies House · Limited Company
Notified 23/02/2024
Former PSCs
Mr Alan Merritt
Ceased 22/01/2023
CompanyRankvs 987+ SIC 58210 peers48
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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 31/12/2024
Net Worth
-£41k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£86k
Current Liabilities
£131k
Fixed Assets
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.66 | +£12k |
| 2023 | 0.28 | -£28k |
| 2022 | 0.29 | -£53k |
| 2021 | 0.01 | +£22k |
| 2020 | 0.26 | +£4k |
| 2019 | 0.05 | — |
Derived from filed accounts. Not audited figures.