Merit Group Holdings Limited
Registered name: MERIT GROUP HOLDINGS LIMITED
Merit Group Holdings Limited made £30.1k profit in the year to 31 Aug 2024 (revenue not disclosed).
Merit Group Holdings Limited reported £30.1k profit in the year to 31 Aug 2024, down 61% on the year before; its revenue was not disclosed. It had 12 employees. The company is classified under “non-trading company” and is based in Rochester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Rochester, South East
- Age
- 11 yrs · since 2015
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Profit only |
| Profit & loss | |||
| Revenue (turnover) | £23.1m | £24.7m | — |
| Cost of sales | £16.4m | £17.9m | — |
| Gross profit | £6.6m | £6.7m | — |
| Operating profit | £3.5m | £2.3m | — |
| Profit before tax | £3.4m | £2.2m | — |
| Profit after tax | £158k | £78.1k | £30.1k |
| Profit (best available) | £158k | £78.1k | £30.1k |
| Staff costs | £3.8m | £3.4m | £408k |
| Employees (average) | 94 | 100 | 12 |
| Ratios | |||
| Profit margin | 0.7% | 0.3% | — |
| Gross margin | 28.7% | 27.3% | — |
| Revenue per employee | £245k | £247k | — |
| Profit per employee | £1.7k | £781 | £2.5k |
| Cash conversion | 76.5% | 140.6% | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲7% | — |
| Profit growth | — | ▼50.6% | ▼61.4% |
| Headcount growth | — | ▲6.4% | ▼88% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £7.7k | £6.5k | £1.2k |
| Net assets | £243k | £135k | £1.7m |
| Fixed assets | £2.1m | £2.9m | £11.6k |
| Current assets | £429k | £398k | £439k |
| Debtors | £18.4k | £4.9m | £0 |
| Deferred income | £86.5k | £61.1k | £14.9k |
| Cash from operations | £2.7m | £3.2m | −£2m |
| Source | Accounts · bulk data Aug 2024 | Accounts · bulk data Aug 2024 | FullAccounts · bulk data Nov 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- £2.5k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲1123%
- Now £1.7m
- Cash at bank
- ▼81%
- Now £1.2k
- Headcount
- ▼88%
- Now 12
- Deferred income
- ▼76%
- Now £14.9k
- Fixed assets
- ▼100%
- Now £11.6k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (8)
- Merit Office Installations LimitedRev. £11.5m · Profit £1.4m
- Merit Careers LimitedActive - Proposal to Strike offFigures not disclosed
- Merit Couriers LimitedActive - Proposal to Strike offRev. — · Profit −£17.3k
- Merit Glazing Solutions LimitedRev. — · Profit −£5.6k
- Merit Insulation Supplies LimitedFigures not disclosed
- Merit Professional Services LimitedRev. — · Profit −£48.3k
- Merit Spaces LimitedRev. — · Profit −£541k
- Vic UK Insulation LimitedActive - Proposal to Strike offFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from FullAccounts for the year to 31 Aug 2024 (profit £30.1k), from the Companies House accounts bulk data published Nov 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.