Merit Spaces Limited
11569638
Healthy
- No accounts filed in last 18 months (-5)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 14/09/2018
director · Since 14/09/2018
DIRECTOR
BRITISH · ENGLAND · Age 48
Also on 11 other boards
Persons with Significant Control
Merit Group Holdings Limited
Merit House, Whitewall Road, Rochester, ME2 4WS
Notified 14/09/2018
Charges1 outstanding
CYNERGY BUSINESS FINANCE LIMITED
CompanyRankvs 55575+ SIC 41100 peers30
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2024
Net Worth
£400
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£1.9M
Working capital
Current Assets
£352k
Current Liabilities
£2.2M
Fixed Assets
£4k
Debtors
£349k
Profit After Tax
-£345k
Tax at Year End(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.16 | — |
| 2023 | 0.32 | — |
| 2022 | 0.30 | +£206k |
| 2021 | 0.19 | -£567k |
| 2020 | 0.20 | -£687k |
| 2019 | 1.12 | — |
Derived from filed accounts. Not audited figures.