Meritec Limited in Skipton, BD23 2UE

Description

Data updated on: 01-11-2023

Meritec is a business with it's headquarters at BD23 2UE Skipton at Meritec House, Acorn Business. This company has been in existence since 1996 and is established under the registration number 03224622. This company has been present on the British market for twenty eight years now and its state is active. From Fri, 13th Sep 1996 Meritec Limited is no longer under the name Mailnote. This enterprise's registered with SIC code 70229 and has the NACE code: Management consultancy activities other than financial management. The company's latest annual accounts describe the period up to 2023-05-31 and the most current annual confirmation statement was filed on 2023-07-15.

We have identified 13 councils and public departments cooperating with the company. The biggest counter party of them all is the Redbridge, with over 389 transactions from worth at least 500 pounds each, amounting to £1,178,691 in total. The company also worked with the Devon County Council (32 transactions worth £25,213 in total) and the Middlesbrough Council (22 transactions worth £19,189 in total). Meritec was the service provided to the South Gloucestershire Council Council covering the following areas: Membership Fees and Training Expenses was also the service provided to the Devon County Council Council covering the following areas: It Software, Learning Resources Exc. It Equipment and Materials & Consumables.

David G., Adam W., Susan W. and Steven W. are registered as the enterprise's directors and have been managing the firm since October 2019. Additionally, the managing director's assignments are constantly assisted with by a secretary - Steven W., who was appointed by this specific firm twenty eight years ago.

Previous company's names
Meritec Limited 1996-09-13
Mailnote Limited 1996-07-15

Financial data based on annual reports

Profit & Loss
Date of Accounts	2013-05-31	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency
Net Worth	840 014	1 049 705	1 294 078	1 320 645

Balance Sheet
Cash Bank In Hand	282 844	480 322	970 104	1 160 121
Cash Bank On Hand				1 160 121	2 189 354	423 675	540 341	669 370	582 342	288 486	560 678
Current Assets	1 253 684	1 753 168	2 462 306	2 240 421	3 918 255	1 018 989	1 251 486	1 310 685	1 226 007	1 142 172	1 454 367
Debtors	970 840	1 261 355	1 480 186	1 061 220	1 647 843	473 766	599 062	560 079	595 063	688 312	788 216
Net Assets Liabilities				464 688	1 204 019	67 531	160 541	165 268	178 707	183 657	209 202
Net Assets Liabilities Including Pension Asset Liability	840 014	1 049 705	1 294 078	1 320 645
Other Debtors						5 000	8 896	11 629	16 783	10 678	11 858
Property Plant Equipment				94 412	109 275	69 768	59 604	50 530	32 244	17 583
Stocks Inventory		11 491	12 016	19 080
Tangible Fixed Assets	43 386	65 391	60 845	94 412
Total Inventories				19 080	81 058	121 548	112 083	81 236	48 602	165 374	105 473

Capital & Reserves
Called Up Share Capital	100 000	100 000	100 000	100 000
Profit Loss Account Reserve	680 620	890 311	1 134 684	1 161 251
Shareholder Funds	840 014	1 049 705	1 294 078	1 320 645

Other Financial Data
Accrued Liabilities				75 580	63 277	104 062	48 015	65 416	46 330	93 156	95 800
Accumulated Depreciation Impairment Property Plant Equipment				586 264	648 509	646 327	679 356	709 530	699 693	718 186	89 235
Amounts Owed By Group Undertakings				552 288	552 888			15 319	15 319	306 890	309 262
Amounts Owed To Directors							50 000	50 000	50 000	50 000	50 000
Average Number Employees During Period				49	70	74	59	61	60	60	57
Bank Borrowings				9 857	2 954
Bank Borrowings Overdrafts				2 959	2 954
Corporation Tax Payable				155 986	54 329	173 438	16 982
Corporation Tax Recoverable							37 336	102 041	64 502	11 911	11 911
Creditors				2 959	2 809 219	1 014 833	50 000	50 000	50 000	50 000	50 000
Creditors Due After One Year	22 883	37 805	13 058	2 959
Creditors Due Within One Year	434 173	726 549	1 211 481	999 377
Deferred Income				1 334 105	2 165 706	482 240	731 177	691 899	768 316	645 110	862 835
Disposals Decrease In Depreciation Impairment Property Plant Equipment						57 553			34 784		79 147
Disposals Property Plant Equipment						106 400			37 910		641 880
Finance Lease Liabilities Present Value Total				3 203
Finance Lease Payments Owing Minimum Gross				3 244
Fixed Assets					109 275	70 368	60 204	136 130	182 844	18 183	24 713
Future Finance Charges On Finance Leases				41
Future Minimum Lease Payments Under Non-cancellable Operating Leases				52 719	95 120	53 530	85 661	46 969	31 782	31 050	25 875
Increase From Depreciation Charge For Year Property Plant Equipment					62 245	55 371	33 029	30 174	24 947	18 493	458
Investments Fixed Assets						600	600	600	600	600	600
Investments In Group Undertakings						600	600	600	600	600	600
Loans From Directors							50 000
Net Current Assets Liabilities	819 511	1 026 619	1 250 825	385 087	1 109 036	4 156	156 724	84 261	47 913	215 474	235 528
Number Shares Allotted		100 000	100 000	100 000
Other Creditors						29 731	10 600	19 201	9 904	9 824	11 072
Other Taxation Social Security Payable				106 147	340 096	130 123	231 934	340 336	247 019	112 108	172 952
Par Value Share		1	1	1
Prepayments				200 973	219 681	104 221	102 536	104 372	67 611	66 254	54 289
Prepayments Accrued Income								2 000	2 000	69 746	69 746
Property Plant Equipment Gross Cost				680 676	757 784	716 095	738 960	760 060	731 937	735 769	37 862
Provisions For Liabilities Balance Sheet Subtotal				11 852	14 292	6 993	6 387	5 123	2 050		1 039
Provisions For Liabilities Charges		4 500	4 534	11 852
Secured Debts	64 894	60 521	37 799	13 060
Share Capital Allotted Called Up Paid	100 000	100 000	100 000	100 000
Share Premium Account	59 394	59 394	59 394	59 394
Tangible Fixed Assets Additions		83 738	43 205	102 026
Tangible Fixed Assets Cost Or Valuation	496 104	535 445	578 650	680 676
Tangible Fixed Assets Depreciation	452 718	470 054	517 805	586 264
Tangible Fixed Assets Depreciation Charged In Period		36 737	47 751	68 459
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		19 401
Tangible Fixed Assets Disposals		44 397
Total Additions Including From Business Combinations Property Plant Equipment					77 108	64 711	22 865	21 100	9 787	3 832	19 459
Total Assets Less Current Liabilities	862 897	1 092 010	1 311 670	1 335 456	1 218 311	74 524	216 928	220 391	230 757	233 657	260 241
Total Borrowings				13 060	2 954
Trade Creditors Trade Payables				173 415	182 857	95 239	56 054	109 572	106 525	66 500	76 180
Trade Debtors Trade Receivables				307 959	875 274	364 545	450 294	324 718	428 848	222 833	331 150
Disposals Intangible Assets										150 000
Intangible Assets								85 000	150 000
Intangible Assets Gross Cost								85 000	150 000
Total Additions Including From Business Combinations Intangible Assets								85 000	65 000