Merit Careers Limited
11123987
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/04/2018
DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 11 other boards
secretary · Since 20/06/2023
Persons with Significant Control
Merit Group Holdings Limited
Units 1-4 Merit House, Whitewall Road, Rochester, ME2 4WS
Reg: 09579112 · Companies House · Private Limited Company
Notified 29/12/2021
Former PSCs
Merit Office Installations Limited
Ceased 29/12/2021
Charges0 outstanding
RBS INVOICE FINANCE LTD
CompanyRankvs 16062+ SIC 78109 peers31
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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.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
company ability to continue as a going concern. As disclosed in note 1.2, the directors have concluded that the company is not a going concern following the decision to cease trading from February 2022. The financial statements have been prepared on a basis other than going concern. MERIT CAREERS LIMITED NOTES TO THE FINANCIAL STATEMENTS (C
Key FinancialsYear ending 31/08/2023
Net Worth
£100
Balance sheet strength
Cash
£100
Cash in the bank
Net Current Assets
-£12k
Working capital
Current Assets
£75k
Current Liabilities
£87k
Debtors
£75k
Tax at Year End
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.86 | — |
| 2022 | 0.87 | +£149k |
| 2021 | 0.77 | -£130k |
| 2020 | 0.93 | -£37k |
| 2019 | 1.01 | +£54k |
| 2018 | 0.81 | — |
Derived from filed accounts. Not audited figures.