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MERRITT HOLDINGS LIMITED Financials

Company number
05197001Copy
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Registered office
Unit 40 Byron Avenue, Lowmoor Business Park, Kirkby In Ashfield, Nottinghamshire NG17 7LA
Incorporated
04/08/2004

Company snapshot

Status
Active
Employees
3 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£1.23M2024
2.24%vs 2023

2023: £1.20M

Total Assets

£971.51K2024
0.88%vs 2023

2023: £963.05K

Cash in Bank

£16.27K2024
131.49%vs 2023

2023: £7.03K

Total Liabilities

£841.06K2024
-2.14%vs 2023

2023: £859.42K

Employees

32024
0vs 2023

2023: 3

In 2024, MERRITT HOLDINGS LIMITED reported net assets of £1.23M. The same filing shows total assets of £971.51K, cash in bank of £16.27K and total liabilities of £841.06K. Reported headcount was 3 in 2024. Net Assets rose from £1.20M in 2023 to £1.23M in 2024 (2.24%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£1.23M2024
2.24%from £1.20M in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures MERRITT HOLDINGS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£1.16M2022£1.23M2024
+5.3%vs 2022

+2.6% a year compound (CAGR)

Cash in Bank

£9.68K2022£16.27K2024
+68.2%vs 2022

+29.7% a year compound (CAGR)

Total Assets

£833.61K2022£971.51K2024
+16.5%vs 2022

+8% a year compound (CAGR)

Total Liabilities

£764.56K2022£841.06K2024
+10%vs 2022

+4.9% a year compound (CAGR)

Employees

3202232024
0%vs 2022

Biggest increase

Cash in Bank+68.2%

£9.68K in 2022 to £16.27K in 2024

Every measure that changed in MERRITT HOLDINGS LIMITED's filings between 2022 and 2024 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MERRITT HOLDINGS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
126.19%2024

Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.

Liabilities to total assets
86.57%2024

Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Cash to liabilities
1.93%2024

Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.

Cash to total assets
1.68%2024

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for MERRITT HOLDINGS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£1.13M1.16M1.20M1.23M
Total Assets£1.69M833.61K963.05K971.51K
Cash in Bank£748.75K9.68K7.03K16.27K
Total Liabilities£1.66M764.56K859.42K841.06K
Employees3333

MERRITT HOLDINGS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has MERRITT HOLDINGS LIMITED filed financial statements?

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Yes. Okredo holds filed figures for MERRITT HOLDINGS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did MERRITT HOLDINGS LIMITED report in 2024?

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MERRITT HOLDINGS LIMITED reported net assets of £1.23M for 2024. That compares with £1.20M in 2023, a change of 2.24%.

What total assets did MERRITT HOLDINGS LIMITED report in 2024?

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MERRITT HOLDINGS LIMITED reported total assets of £971.51K for 2024. That compares with £963.05K in 2023, a change of 0.88%.

What cash in bank did MERRITT HOLDINGS LIMITED report in 2024?

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MERRITT HOLDINGS LIMITED reported cash in bank of £16.27K for 2024. That compares with £7.03K in 2023, a change of 131.49%.

How many people does MERRITT HOLDINGS LIMITED employ?

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MERRITT HOLDINGS LIMITED reported 3 employees in 2024, compared with 3 in 2023.

How have MERRITT HOLDINGS LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, MERRITT HOLDINGS LIMITED's net assets rose by 5.3%, cash in bank rose by 68.2%, total assets rose by 16.5% and total liabilities rose by 10%. Net assets compounded at 2.6% a year across the two years to 2024, from £1.16M to £1.23M. Reported headcount went from 3 in 2022 to 3 in 2024.

Which years of MERRITT HOLDINGS LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.