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Merit Process Systems Limited

10618786

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

8 SILVERTON COURT, CRAMLINGTON, NE23 7RY
Incorporated 14/02/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment
71122
Engineering related scientific and technical consulting activities
74909
Other professional, scientific and technical activities

Officers

Mr Anthony Wells

director · Since 14/03/2017

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 7 other boards

Charges1 outstanding

Charge
satisfied

TEES VALLEY CATALYST FUND L.P. ACTING BY WAY OF ITS GENERAL PARTNER TVUPB LIMITED, ACTING BY FW

Created 06/12/2021Registered 09/12/2021Satisfied 04/03/2024
Charge
outstanding

SANTANDER UK PLC

Created 19/10/2018Registered 24/10/2018

CompanyRankvs 22840+ SIC 27900 peers
18

Financial strength15th percentile among SIC peers · 4/25
Employees0th percentile among SIC peers · 0/15
LiquidityNo balance sheet data · 0/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2284Merit Process Systems Limited
28
How is this score calculated?
Financial strength4/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

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

Longevity9/15 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 31/03/2023

Net Worth

£1

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

—

Prepared with Companies House