Merritt Decorators Limited in Hampshire, PO9 2QY

Description

Data updated on: 01-11-2023

The company is situated in Hampshire under the ID 04851148. This firm was registered in 2003. The main office of the firm is situated at 2 Denvilles Close Havant. The area code is PO9 2QY. The enterprise's SIC code is 43341 which stands for Painting. Merritt Decorators Ltd reported its latest accounts for the financial period up to 2022-12-31. The most recent confirmation statement was filed on 2023-06-14.

According to the latest data, there is a solitary director in the company: Stephen M. (since 2003-07-30). The company had been governed by Mark C. till 17 years ago.

Stephen M. is the individual with significant control over this firm, owns over 3/4 of company shares.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-10-31	2012-10-31	2013-10-31	2014-10-31	2015-10-31	2016-10-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth					79 416	145 565

Balance Sheet
Cash Bank On Hand						76 049	90 309	62 141	157 812	205 924	119 808	154 906
Current Assets	94 669	104 520	163 082	123 223	168 712	200 958	390 399	444 057	644 224	671 329	532 263	344 607
Debtors	93 797	93 138	142 325	123 209	133 196	124 908	300 090	381 916	486 412	465 405	412 455	189 701
Net Assets Liabilities							100	100	271 586	256 000	202 921	32 753
Property Plant Equipment						4 456			638	15 845	15 845	15 845
Other Debtors							265 145	331 023	393 090
Cash Bank In Hand	872	11 382	20 757	14	35 516	76 050
Intangible Fixed Assets	5 400	4 500	3 600	2 700	1 800
Net Assets Liabilities Including Pension Asset Liability	-20 990	13 369	42 673	-7 648	79 416	145 565
Tangible Fixed Assets	225	113	1 775	1 750	1 734	4 456

Capital & Reserves
Called Up Share Capital	100	100	100	100	100	100
Profit Loss Account Reserve	-21 090	13 269	42 573	-7 748	79 316	145 465
Shareholder Funds					79 416	145 565

Other Financial Data
Administrative Expenses									128 083	144 575	172 938	208 811
Average Number Employees During Period							3	3	2	2	2	2
Bank Borrowings Overdrafts										50 000	42 792
Cost Sales										1 097 551	973 632
Creditors						59 848	129 908	141 193	379 403	381 174	302 395	228 704
Fixed Assets	5 625	4 613	5 375	4 450	3 534	4 456			638	15 845	15 845	15 845
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income											-53 079
Gross Profit Loss									182 082	160 961	195 717	304 398
Interest Payable Similar Charges Finance Costs									25 637	9 311	7 867	27 387
Net Current Assets Liabilities	-26 615	8 756	37 298	-12 098	75 882	141 109	304 522	302 864	264 821	290 155	229 868	115 903
Operating Profit Loss									53 999	16 386	22 779	95 587
Other Creditors							36 687	71 379	204 344	381 174	302 395
Other Interest Receivable Similar Income Finance Income									880	810
Profit Loss								30 342	23 095	16 386	14 912	55 242
Profit Loss On Ordinary Activities Before Tax									29 242	16 386	14 912	68 200
Property Plant Equipment Gross Cost						15 488			851	15 845	15 845	15 845
Tax Tax Credit On Profit Or Loss On Ordinary Activities									6 128			12 958
Total Additions Including From Business Combinations Property Plant Equipment									851	15 207
Total Assets Less Current Liabilities					79 416	145 565	260 491	302 864	265 459	306 000	245 713	131 748
Trade Debtors Trade Receivables						124 908	34 945	50 893	93 322	465 405	412 455
Turnover Revenue										1 258 512	1 169 349
Accumulated Depreciation Impairment Property Plant Equipment						11 032			213
Disposals Decrease In Depreciation Impairment Property Plant Equipment							11 032
Disposals Property Plant Equipment							15 488
Dividends Paid								32 000	60 500
Number Shares Issued Fully Paid								100	100
Other Taxation Social Security Payable						47 573	75 803	55 033	102 605
Par Value Share		1	1	1	1			1	1
Trade Creditors Trade Payables						12 275	17 418	14 781	72 454
Increase From Depreciation Charge For Year Property Plant Equipment									213
Called Up Share Capital Not Paid Not Expressed As Current Asset							100	100
Number Shares Allotted				100	100			100
Capital Employed	-20 990	13 369	42 673	-7 648	42 516
Creditors Due Within One Year	121 284	95 764	125 784	135 321	92 830	59 849
Intangible Fixed Assets Aggregate Amortisation Impairment	3 600	4 500	5 400	6 300	7 200
Intangible Fixed Assets Amortisation Charged In Period		900	900	900	900
Intangible Fixed Assets Cost Or Valuation	9 000	9 000	9 000	9 000	9 000
Tangible Fixed Assets Additions			1 700			2 750
Tangible Fixed Assets Cost Or Valuation	338	338	2 038	2 038	2 038	15 488
Tangible Fixed Assets Depreciation	113	225	263	288	304	11 032
Tangible Fixed Assets Depreciation Charged In Period		112	38	25	16	1 828
Share Capital Allotted Called Up Paid	100	100	100	100	100