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Merit Incentives Europe Ltd

13351937

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

85 GREAT PORTLAND STREET, LONDON, W1W 7LT
Incorporated 22/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities
70229
Management consultancy activities

Officers

Mr Yousef Ahmad Sayed Murtada Hamza

director · Since 28/11/2023

COMPANY DIRECTOR

BRITISH · UNITED ARAB EMIRATES · Age 40

Persons with Significant Control

Mrs Julie Maelle Leblan

Significant control

French · United Arab Emirates · Age 46

85, Great Portland Street, London, W1W 7LT

Notified 22/04/2021

CompanyRankvs 36422+ SIC 62090 peers
36

Financial strength36th percentile among SIC peers · 9/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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36422Merit Incentives Europe Ltd
42
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.

Employees11/15 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.

Longevity5/15 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

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

ormed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.   Our responsibilities and the responsibilities of the director with respect to g

Key FinancialsYear ending 30/04/2025

Net Worth

£100

Balance sheet strength

Cash

£64k

Cash in the bank

Profit Before Tax

-£27k

Bottom line earnings

Net Current Assets

-£576k

Working capital

Current Assets

£32.2M

Current Liabilities

£32.8M

Debtors

£32.2M

Cost of Sales

£13.7M

Admin Expenses

£654k

Profit After Tax

-£27k

2avg. employees+2
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.98—
202439.98+£77k
20230.89+£103k
2022Infinity—

Derived from filed accounts. Not audited figures.