Merlin Developments Ltd

Merlin Developments Ltd from Worcestershire UK: small company, holding company, active status, founded 8 years ago, 2 employees, £1,527,010 assets, real address, 3 directors, 1 owner. Irregular importer of electrical machinery and equipment (1 months imported). 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 company operates in the construction of domestic buildings, the urban planning and landscape architectural activities, the construction of commercial buildings industries. Officially, it has one owner or PSCs, three directors, and two employees.

While Merlin Developments Ltd’s website is not available to analyze, its business appears to center on property development. The company’s description suggests a focus on domestic and commercial building construction, as well as urban planning and landscape architecture. It’s likely that Merlin Developments Ltd doesn’t have a direct e-commerce presence, but rather operates behind the scenes, potentially investing in or managing property projects.

Financially, Merlin Developments Ltd presents a mixed picture. Current assets remained stable at £1,500,000, however, net assets decreased by 4%, settling at -£48,000. Bank cash increased dramatically, up 910% to £7,800—a positive sign. However, trade debtors plummeted 96%, leaving only £1,000. Creditors also decreased, down 26% to £39,000. The company’s small size helps it remain flexible, but the negative equity suggests it’s burning through money. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s irregular import activity—just one month of electrical machinery and equipment—suggests a project-based need rather than ongoing inventory. With no mention of an auditor, the financial statements rely on director-reported data, and it’s clear that Merlin Developments Ltd is facing some financial challenges, but the increase in cash reserves offers a glimmer of hope.

Registered in England/Wales under the registration number 10502119, with a registered address at B98 0DQ, United Kingdom, Worcestershire, Unit 24 Bartleet Road, Redditch.

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