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Merit Developments Group Limited

12089334

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 1 WHITEWALL ROAD, ROCHESTER, ME2 4WS
Incorporated 06/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Jamie Ashford

director · Since 06/07/2019

DIRECTOR

BRITISH · ENGLAND · Age 49

Steven Weekes

director · Since 06/07/2019

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 3 other boards

Mr Richard Ashford

director · Since 06/09/2019

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 11 other boards

Mr Steven Peter Weekes

secretary · Since 19/06/2023

Persons with Significant Control

Jamie David Ashford

25–50% shares
25–50% votes
Appoint directors

British · England · Age 49

Unit 1, Whitewall Road, Rochester, ME2 4WS

Notified 28/07/2023

Former PSCs

Jamie Ashford

Ceased 06/09/2019

Steven Weekes

Ceased 06/09/2019

Mr Roy Ashford

Ceased 18/11/2021

Charges1 outstanding

Charge
outstanding

DOWNING LLP

Created 26/11/2021Registered 01/12/2021

CompanyRankvs 64899+ SIC 41100 peers
29

Financial strength34th percentile among SIC peers · 9/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength9/25 pts

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

Employees2/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 31/08/2025

Net Worth

£5

Balance sheet strength

Cash

£238

Cash in the bank

Net Current Assets

-£85k

Working capital

Current Assets

£581k

Current Liabilities

£665k

Debtors

£580k

0avg. employees

Balance Sheet

Assets less current liabilities-£85k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.87
20250.87
20240.61
20230.31-£77k
20220.42-£81k
20210.11-£52k
20200.27

Derived from filed accounts. Not audited figures.