Merak Uk Holdings Limited
14506197
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
group
Next accounts due
30/09/2026
Confirmation statement
Last: 24/11/2025
Due 08/12/2026
Industry
Officers
director · Since 25/11/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 65
Also on 9 other boards
secretary · Since 01/03/2024
Persons with Significant Control
Mr David John Seaton
British · United Kingdom · Age 65
Glen Group Limited, Unit A1 Merak House, Fourth Way, Bristol, BS11 8DX
Notified 25/11/2022
Mr Ross Jamieson John Barnes
British · United Kingdom · Age 47
Glen Group Limited, Unit A1 Merak House, Fourth Way, Bristol, BS11 8DX
Notified 01/01/2023
Charges1 outstanding
ARBUTHNOT COMMERCIAL ASSET BASED LENDING LIMITED
CompanyRankvs 40373+ SIC 64209 peers21
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2025
Turnover
£30.0M
Annual revenue
Net Worth
-£94k
Balance sheet strength
Cash
£23k
Cash in the bank
Profit Before Tax
£233k
Bottom line earnings
Net Current Assets
-£2.2M
Working capital
Current Assets
£6.6M
Current Liabilities
£8.8M
Fixed Assets
£5.3M
Debtors
£6.3M
Cost of Sales
£25.8M
Gross Profit
£4.2M
Admin Expenses
£3.5M
Operating Profit
£726k
Profit After Tax
£53k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.75 | -£71k |
| 2024 | 0.60 | -£53k |
| 2023 | 0.66 | — |
Derived from filed accounts. Not audited figures.