Merit Insulation Supplies Limited
11601831
Healthy
- No accounts filed in last 18 months (-5)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 03/10/2018
director · Since 25/10/2018
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
Reg: 09579112 · Companies House · Private Limited Company
Notified 25/10/2018
Former PSCs
Mr Roy Ashford
Ceased 25/10/2018
Charges2 outstanding
CYNERGY BANK PLC
CYNERGY BUSINESS FINANCE LIMITED
NATIONAL WESTMINSTER BANK PLC
RBS INVOICE FINANCE LTD
CompanyRankvs 2586+ SIC 46180 peers49
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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
£412k
Balance sheet strength
Cash
£61k
Cash in the bank
Net Current Assets
£370k
Working capital
Current Assets
£5.1M
Current Liabilities
£4.7M
Fixed Assets
£272k
Debtors
£3.7M
Tax at Year End
Director Loans(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.08 | -£333k |
| 2023 | 1.16 | +£236k |
| 2022 | 1.16 | +£285k |
| 2021 | 1.21 | +£2k |
| 2020 | 1.43 | +£126k |
| 2019 | 1.08 | — |
Derived from filed accounts. Not audited figures.