Merit Spaces Limited
Registered name: MERIT SPACES LIMITED
Part of Merit Group Holdings Limited groupMerit Spaces Limited made a £541k loss in the year to 31 Aug 2024 (revenue not disclosed).
Merit Spaces Limited reported a loss of £541k in the year to 31 Aug 2024; its revenue was not disclosed. It had 4 employees. The company is classified under “development of building projects” and is based in Rochester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Rochester, South East
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “During the period under review, the company was under the ultimate control of its parent company, Merit Group Holdings Limited. Their registered office is Merit House, Units 1-4 Whitewall Road, Medway”
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 | Profit only | Profit only | Profit only |
| Profit & loss | |||
| Revenue (turnover) | — | — | — |
| Profit after tax | £206k | −£345k | −£541k |
| Profit (best available) | £206k | −£345k | −£541k |
| Employees (average) | 4 | 4 | 4 |
| Ratios | |||
| Profit margin | — | — | — |
| Profit per employee | £51.5k | −£86.4k | −£135k |
| Growth (year on year) | |||
| Profit growth | — | ▼267.7% | — |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £10.8k | £8.7k | £3.1k |
| Net assets | −£994k | −£1.3m | −£1.9m |
| Fixed assets | £7.7k | £5.9k | £4k |
| Current assets | £434k | £630k | £352k |
| Debtors | £34.7k | £20.9k | £1.5k |
| Deferred income | £14.9k | £12.7k | £31k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · 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
- −£135k
- 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
- —
- Now −£1.9m
- Cash at bank
- ▼64%
- Now £3.1k
- Headcount
- 0%
- Now 4
- Deferred income
- ▲143%
- Now £31k
- Fixed assets
- ▼31%
- Now £4k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Merit Group Holdings Limitedultimate parent75–100%
- Merit Spaces Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (7)
- 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
- Vic UK Insulation LimitedActive - Proposal to Strike offFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Aug 2024 (profit −£541k), 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.