Back to search

Merridale Group Limited

10647866

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

117 MERRIDALE STREET, WOLVERHAMPTON, WV3 0RA
Incorporated 02/03/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars
68100
Buying and selling of own real estate

Officers

Mr Balwant Basran

director · Since 02/03/2017

CONSULTANT

BRITISH · UNITED KINGDOM · Age 47

Also on 1 other board

Persons with Significant Control

Mr Balwant Basran

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 47

117, Merridale Street, Wolverhampton, WV3 0RA

Notified 02/03/2017

Mrs Harpreet Basran

25–50% shares

British · England · Age 46

117, Merridale Street, Wolverhampton, WV3 0RA

Notified 19/08/2019

Former PSCs

Mr Jangbahadur Johal

Ceased 19/08/2019

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 15/05/2017Registered 15/05/2017
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/03/2017Registered 29/03/2017

CompanyRankvs 8224+ SIC 56302 peers
47

Financial strength91th percentile among SIC peers · 23/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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.

Employees4/15 pts

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

Liquidity6/20 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 30/03/2025

Net Worth

£194k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£227k

Current Liabilities

£239k

Fixed Assets

£289k

1avg. employees

Balance Sheet

Assets less current liabilities£277k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.95+£81k
20240.68+£108k
20230.02-£4k
20220.08-£12k
20210.09+£856
20200.00+£3k
20190.08+£9k
20180.07

Derived from filed accounts. Not audited figures.