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Merit Healthcare Ltd

09599960

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

2ND FLOOR 140 HIGH STREET, SWINDON, SN4 7AY
Incorporated 20/05/2015

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/05/2025

Due 03/06/2026

On track

Industry

88100
Social work activities without accommodation for the elderly and disabled

Officers

Miss Cecily Muthanje Wheeler

director · Since 20/05/2015

HEALTH CARE PROFESSIONAL

BRITISH · UNITED KINGDOM · Age 59

Also on 5 other boards

Persons with Significant Control

Mrs Cecily Muthanje Wheeler

75–100% shares

British · England · Age 59

Unit A 13-19, Stroud Road, Gloucester, GL1 5AA

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 07/02/2023Registered 13/02/2023Satisfied 19/12/2025
Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 01/08/2017Registered 21/08/2017Satisfied 19/01/2023
Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 18/04/2017Registered 24/04/2017Satisfied 19/01/2023

CompanyRankvs 1720+ SIC 88100 peers
65

Financial strength55th percentile among SIC peers · 14/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.14× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 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.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 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 31/12/2024

Net Worth

£3k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£14k

Working capital

Current Assets

£115k

Current Liabilities

£101k

Fixed Assets

£9k

Debtors

£104k

32avg. employees-2

Balance Sheet

Assets less current liabilities£23k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.14-£12k
20231.03-£76k
20220.47-£24k
20217.68+£52k
20203.61-£17k
20193.96+£41k
201819.73

Derived from filed accounts. Not audited figures.