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Merlin Homes (Southern) Limited

10772566

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

THE GABLES CALCOT MOUNT BUSINESS PARK, CALCOT LANE, SOUTHAMPTON, SO32 2BN
Incorporated 16/05/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Andrew David Southcott

director · Since 16/05/2017

DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 12 other boards

Miss Katie Miles

director · Since 22/03/2023

SALES MANAGER

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Miss Katie Miles

25–50% shares
25–50% votes

British · England · Age 36

The Gables, Calcot Mount Business Park, Calcot Lane, Southampton, SO32 2BN

Notified 28/07/2021

Mr Andrew David Southcott

25–50% shares
25–50% votes

British · England · Age 66

The Gables, Calcot Mount Business Park, Calcot Lane, Southampton, SO32 2BN

Notified 12/10/2022

Former PSCs

Mr Andrew David Southcott

Ceased 28/07/2021

Charges2 outstanding

Charge
outstanding

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Created 09/05/2022Registered 11/05/2022
Charge
outstanding

MSP CAPITAL LTD

Created 09/05/2022Registered 11/05/2022
Charge
satisfied

LLOYDS BANK PLC

Created 21/03/2022Registered 22/03/2022Satisfied 06/01/2023
Charge
satisfied

LLOYDS BANK PLC

Created 19/01/2022Registered 19/01/2022Satisfied 12/05/2023
Charge
satisfied

BUSINESS LENDING RESIDENTIAL FUNDING 3 LIMITED

Created 22/04/2021Registered 23/04/2021Satisfied 09/06/2022
Charge
satisfied

BUSINESS LENDING RESIDENTIAL FUNDING 3 LIMITED

Created 22/04/2021Registered 23/04/2021Satisfied 09/06/2022
Charge
satisfied

BUSINESS LENDING RESIDENTIAL FUNDING 3 LIMITED

Created 29/10/2020Registered 30/10/2020Satisfied 09/06/2022
Charge
satisfied

BUSINESS LENDING RESIDENTIAL FUNDING 3 LIMITED.

Created 29/10/2020Registered 30/10/2020Satisfied 09/06/2022

CompanyRankvs 46559+ SIC 68100 peers
44

Financial strength2th percentile among SIC peers · 1/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 4.13× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees9/15 pts

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

Liquidity20/20 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 28/11/2024

Net Worth

-£175k

Balance sheet strength

Cash

£132k

Cash in the bank

Net Current Assets

£479k

Working capital

Current Assets

£632k

Current Liabilities

£153k

Fixed Assets

£68k

Debtors

£501k

1avg. employees

Director Loans(2021)

Directors owe company£35k

Balance Sheet

Assets less current liabilities£547k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.13+£0
20244.13-£209k
20233.78-£224k
20222.39+£272k
202114.07

Derived from filed accounts. Not audited figures.