Merits Health Products Uk Ltd
15017729
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Shun-Yuan Cheng
Chinese · Taiwan · Age 51
Pendragon House, 65 London Road, St. Albans, AL1 1LJ
Notified 21/07/2023
CompanyRankvs 42842+ SIC 86900 peers43
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2025
Net Worth
-£841k
Balance sheet strength
Cash
£700k
Cash in the bank
Net Current Assets
£742k
Working capital
Current Assets
£3.1M
Current Liabilities
£2.3M
Fixed Assets
£79k
Debtors
£218k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.32 | +£0 |
| 2025 | 1.32 | -£606k |
| 2024 | 2.98 | — |
Derived from filed accounts. Not audited figures.