Meritics Limited

Meritics Ltd, based in Leighton Buzzard, UK, is a small, active company founded nineteen years ago. With eight employees and £214,038 in assets, it’s a family business run by six directors and two owners. The company regularly imports optical and medical tools and devices—nineteen months of activity recorded—and occasionally exports them, with just two months of export activity. It's a real address, and the business operates in the other professional, scientific and technical activities n.e.c. industries.

The company’s website, Business and Industry Today, is a digital magazine featuring advertorial content. It's not a direct sales platform for Meritics Ltd, but rather a space for businesses to promote their services. The magazine circulates directly to 25,000 businesses and is downloadable from various digital newsstands and social media platforms. Recent articles highlight products from companies like Schmersal and Laronkarn, showcasing the magazine's focus on industrial and environmental solutions.

Financially, Meritics Ltd shows some concerning trends. Accrued liabilities increased by 15%, while the company’s average number of employees dropped by a significant 100%. Cash bank on hand remained stable, but current assets decreased by 43% to £210,000. Debtors plummeted by 69%, suggesting difficulties in collecting payments, and fixed assets grew by 27%. Net assets decreased by 40% to -£70,000. While the company meets the criteria to be considered small—with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees—the decline in equity raises questions about its financial health. The accounts are unaudited, likely due to its small size, and no auditor is mentioned.

Overall, Meritics Ltd appears to be navigating a challenging period. While its import activity remains consistent, the financial data suggests a need for careful management and potentially, a re-evaluation of its business strategy.

Registered in England/Wales under the registration number 05773272, with a registered address at LU7 4GP, England, Leighton Buzzard, Unit 3, Clipstone Brook Industrial Estate, Cherrycourt Way.

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