# MERIT SPACES LIMITED (11569638)

> MERIT SPACES LIMITED is an active private limited company (company number 11569638) incorporated on 14 September 2018, registered in Rochester. Its registered activity is development of building projects (SIC 41100). Latest small accounts cover the period ending 31 August 2024, showing net assets of −£1.88m and cash of £3,144, with 4 employees on average. Net assets fell 40% on the prior period (−£1.34m).

- Status: Active
- Incorporated: 2018-09-14
- Registered office: Rochester, ME2 4WS
- SIC 41100: Development of building projects
- SIC 41202: Construction of domestic buildings
- Next accounts due: 2026-05-31
- Confirmation statement due: 2027-09-28
- Accounts type: SMALL

By net assets it sits in the bottom quarter of 2,590 comparable companies in Kent (median £107, upper quartile £52k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-08-31 | −£1.88m | £3,144 | £349k | £2.24m | — | −£541k | 4 |
| 2023-08-31 | −£1.34m | £8,691 | £622k | £1.98m | — | −£345k | 4 |
| 2022-08-31 | — | — | — | — | — | — | — |

current ratio 0.16; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-1,880,457 at 31 August 2024
- Net assets down 25% or more on the prior period: -40.4% vs prior period
- Current assets below creditors within one year: Current ratio 0.16
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 14 September 2018
- Accounts past their due date: Due 31 May 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Merit Group Holdings Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2018-09-14

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/11569638
HTML: https://firmoscan.com/company/11569638-merit-spaces-limited