Merit Professional Services Limited
11626421
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 16/10/2018
director · Since 16/10/2018
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 16/10/2018
Michael Newton
British · England · Age 41
Units 1-4 Merit House, Whitewall Road, Rochester, ME2 4WS
Notified 11/11/2020
Charges2 outstanding
CYNERGY BUSINESS FINANCE LIMITED
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 9760+ SIC 82110 peers18
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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
-£152k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
-£141k
Working capital
Current Assets
£95k
Current Liabilities
£235k
Fixed Assets
£584
Debtors
£64k
Profit After Tax
-£29k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.40 | -£48k |
| 2023 | 0.76 | -£29k |
| 2022 | 0.78 | -£23k |
| 2021 | 1.04 | -£8k |
| 2020 | 2.31 | -£66k |
| 2019 | 1.14 | — |
Derived from filed accounts. Not audited figures.