Merit Educational Limited

Merit Educational Ltd from Bradford UK: small company, active status, founded 5 years ago, 1 employee, £9,901 assets, real address, 1 director, 1 owner. The company operates in the retail sale via mail order houses or via internet, the educational support services industries. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £9,901.

The company’s website, Education Agents Guide, functions as a directory and recruitment platform for education agents worldwide. It connects agents with universities, colleges, and schools globally, offering services like agent directory listings, recruitment assistance, and even a CRM solution for education financing. The site actively promotes partnerships with institutions, showcasing a network of agents across various countries, including South Africa, Sri Lanka, India, and others. It highlights opportunities for internships abroad and provides resources for students seeking to study in the UK, USA, Canada, Australia, and Mauritius. The site is quite busy, with numerous links to partner agencies and educational institutions.

Financially, Merit Educational Ltd has experienced some challenges. Current assets have fallen significantly, dropping by 40% to £9,901. Bank borrowings have shifted into negative territory, now at -£1,000, and net assets have declined by a substantial 140%, settling at -£23,000. Cash reserves have also taken a hit, decreasing by 77% to just £1,900. Creditors have increased by 21%, reaching £36,000. The company's small size and lack of employees (just one reported) contribute to its agility, but the sharp decline in equity raises concerns about its long-term viability. The accounts are unaudited and exempt from audit as a small company.

It seems like Merit Educational Ltd is navigating a period of financial strain, despite its active online presence and connections within the education recruitment sector. The company’s reliance on a single employee and the fluctuating financial figures suggest it’s a business that will need to carefully manage its resources and adapt to changing market conditions.

Registered in England/Wales under the registration number 11974067, with a registered address at BD3 8LG, England, Bradford, 1236 Leeds Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.