Back to search

Merit Wholesale Ltd

13841197

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT A4 PHOENIX BUSINESS CENTRE, HARROW, HA1 2SP
Incorporated 11/01/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade
47910
Retail sale via mail order houses or via Internet

Officers

Mr Kaushik Kumar Bhagvanbhai Mangaroliya

director · Since 11/01/2022

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 3 other boards

Mr Sanjaykumar Babubhai Zalawadiya

director · Since 11/01/2022

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 1 other board

Persons with Significant Control

Mr Kaushik Kumar Bhagvanbhai Mangaroliya

25–50% shares
25–50% votes

British · England · Age 42

Unit A4 Phoenix Business Centre, Rosslyn Crescent, Harrow, HA1 2SP

Notified 11/01/2022

Mr Sanjaykumar Babubhai Zalawadiya

25–50% shares
25–50% votes

British · England · Age 44

Unit A4 Phoenix Business Centre, Rosslyn Crescent, Harrow, HA1 2SP

Notified 11/01/2022

CompanyRankvs 6131+ SIC 46900 peers
66

Financial strength86th percentile among SIC peers · 22/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.35× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1William Croxson & Son,Limited
90
2Wightman & Parrish Limited
90
3E.W. King & Co Limited
90
4R.J.Stokes & Co. Limited
90
5Battle,Hayward And Bower,Limited
90
6Accuride International Limited
90
7Rankins Partners Limited
90
8Pritchard Patent Product Co. Limited
90
9Joseph Gleave & Son Limited
90
10James Lister & Sons Limited
90
6131Merit Wholesale Ltd
66
How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 pts

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

Liquidity12/20 pts

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

Longevity4/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£284k

Balance sheet strength

Cash

£906k

Cash in the bank

Net Current Assets

£281k

Working capital

Current Assets

£1.1M

Current Liabilities

£793k

Fixed Assets

£4k

Debtors

£7k

6avg. employees

Balance Sheet

Assets less current liabilities£285k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.35+£127k
20241.31+£82k
20231.19—
20220.66—

Derived from filed accounts. Not audited figures.