merit data & technology limited
merit data & technology limited Company Information
Company Number
04842380
Next Accounts
Dec 2025
Shareholders
merit group plc
Group Structure
View All
Industry
Activities of call centres
+1Registered Address
9th floor the shard, 32 london bridge street, london, SE1 9SG
Website
meritdata-tech.commerit data & technology limited Estimated Valuation
Pomanda estimates the enterprise value of MERIT DATA & TECHNOLOGY LIMITED at £10m based on a Turnover of £12.8m and 0.78x industry multiple (adjusted for size and gross margin).
merit data & technology limited Estimated Valuation
Pomanda estimates the enterprise value of MERIT DATA & TECHNOLOGY LIMITED at £0 based on an EBITDA of £-611.2k and a 4.67x industry multiple (adjusted for size and gross margin).
merit data & technology limited Estimated Valuation
Pomanda estimates the enterprise value of MERIT DATA & TECHNOLOGY LIMITED at £0 based on Net Assets of £-1.3m and 2.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Merit Data & Technology Limited Overview
Merit Data & Technology Limited is a live company located in london, SE1 9SG with a Companies House number of 04842380. It operates in the data processing, hosting and related activities sector, SIC Code 63110. Founded in July 2003, it's largest shareholder is merit group plc with a 100% stake. Merit Data & Technology Limited is a mature, mid sized company, Pomanda has estimated its turnover at £12.8m with healthy growth in recent years.
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Merit Data & Technology Limited Health Check
Pomanda's financial health check has awarded Merit Data & Technology Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £12.8m, make it larger than the average company (£9.6m)
£12.8m - Merit Data & Technology Limited
£9.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a similar rate (6.3%)
6% - Merit Data & Technology Limited
6.3% - Industry AVG
Production
with a gross margin of 30.4%, this company has a higher cost of product (46.1%)
30.4% - Merit Data & Technology Limited
46.1% - Industry AVG
Profitability
an operating margin of -5.2% make it less profitable than the average company (3.8%)
-5.2% - Merit Data & Technology Limited
3.8% - Industry AVG
Employees
with 7 employees, this is below the industry average (111)
7 - Merit Data & Technology Limited
111 - Industry AVG
Pay Structure
on an average salary of £111.7k, the company has a higher pay structure (£49.2k)
£111.7k - Merit Data & Technology Limited
£49.2k - Industry AVG
Efficiency
resulting in sales per employee of £1.8m, this is more efficient (£101.2k)
£1.8m - Merit Data & Technology Limited
£101.2k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is near the average (49 days)
58 days - Merit Data & Technology Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (23 days)
9 days - Merit Data & Technology Limited
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Merit Data & Technology Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (12 weeks)
2 weeks - Merit Data & Technology Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 143.6%, this is a higher level of debt than the average (57.2%)
143.6% - Merit Data & Technology Limited
57.2% - Industry AVG
MERIT DATA & TECHNOLOGY LIMITED financials
Merit Data & Technology Limited's latest turnover from March 2024 is £12.8 million and the company has net assets of -£1.3 million. According to their latest financial statements, Merit Data & Technology Limited has 7 employees and maintains cash reserves of £230.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 12,764,310 | 11,785,357 | 10,775,112 | 10,793,797 | 13,511,806 | 9,150,540 | 8,591,205 | 7,569,366 | 4,607,307 | 4,293,108 | 3,778,545 | 2,937,398 | 2,296,482 | 1,940,188 | 2,046,785 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 8,884,298 | 9,105,699 | 7,748,914 | 7,891,482 | 10,756,500 | 6,596,946 | 6,835,260 | 5,797,592 | 3,274,693 | 3,054,682 | 2,464,925 | 2,040,930 | 1,571,293 | 1,526,964 | 1,447,234 |
| Gross Profit | 3,880,012 | 2,679,658 | 3,026,198 | 2,902,315 | 2,755,306 | 2,553,594 | 1,755,945 | 1,771,774 | 1,332,614 | 1,238,426 | 1,313,620 | 896,468 | 725,189 | 413,224 | 599,551 |
| Admin Expenses | 4,547,761 | 3,993,732 | 3,632,297 | 3,609,219 | 3,541,779 | 1,353,341 | 674,003 | 564,493 | 583,746 | 489,938 | 736,633 | 488,841 | 571,822 | 334,637 | 647,390 |
| Operating Profit | -667,749 | -1,314,074 | -606,099 | -706,904 | -786,473 | 1,200,253 | 1,081,942 | 1,207,281 | 748,868 | 748,488 | 576,987 | 407,627 | 153,367 | 78,587 | -47,839 |
| Interest Payable | 22,473 | 21,526 | 11,638 | 14,340 | 4,260 | 140,095 | 11,598 | 1,057 | 510 | 890 | 1,920 | 2,518 | 2,256 | 4,066 | |
| Interest Receivable | 29,186 | 63,557 | 23,323 | 63,155 | 24,897 | 16,728 | 17,979 | 9,301 | 4,862 | 1,562 | |||||
| Pre-Tax Profit | -661,036 | -1,272,043 | -594,414 | -721,244 | -790,733 | 1,078,394 | 919,664 | 1,224,009 | 765,790 | 757,279 | 576,097 | 405,707 | 152,411 | 76,331 | -51,905 |
| Tax | -5,413 | -62 | 1,672 | 8,430 | -333,540 | -307,261 | -327,086 | -197,386 | -203,592 | -146,408 | -115,085 | -57,070 | -30,769 | 16,529 | |
| Profit After Tax | -661,036 | -1,277,456 | -594,476 | -719,572 | -782,303 | 744,854 | 612,403 | 896,923 | 568,404 | 553,687 | 429,689 | 290,622 | 95,341 | 45,562 | -35,376 |
| Dividends Paid | 131,922 | 131,922 | 109,936 | ||||||||||||
| Retained Profit | -661,036 | -1,277,456 | -594,476 | -719,572 | -782,303 | 612,932 | 480,481 | 896,923 | 458,468 | 553,687 | 429,689 | 290,622 | 95,341 | 45,562 | -35,376 |
| Employee Costs | 781,666 | 742,961 | 573,371 | 653,646 | 753,773 | 4,805,886 | 4,644,143 | 2,579,157 | 2,305,929 | 1,756,493 | 1,358,847 | 1,131,219 | 1,016,303 | 1,171,371 | |
| Number Of Employees | 7 | 8 | 7 | 6 | 7 | 975 | 1,009 | 821 | 598 | 588 | 510 | 397 | 313 | 238 | 250 |
| EBITDA* | -611,189 | -1,184,460 | -479,507 | -582,426 | -785,343 | 1,523,138 | 1,401,530 | 1,422,829 | 828,128 | 815,279 | 623,578 | 430,967 | 165,610 | 91,763 | -36,671 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,585 | 5,217 | 211,999 | 245,362 | 1,796 | 4,616,677 | 3,199,603 | 584,379 | 248,876 | 220,797 | 156,539 | 80,266 | 33,789 | 38,352 | 34,548 |
| Intangible Assets | 199,139 | 157,181 | 46,177 | 63,425 | 86,989 | 99,467 | |||||||||
| Investments & Other | 1,123 | 1,123 | 1,123 | 1,123 | 184,815 | 184,815 | 125,036 | 125,036 | 50,000 | 50,000 | 50,000 | ||||
| Debtors (Due After 1 year) | 1,250,000 | 148,234 | 184,133 | 192,370 | |||||||||||
| Total Fixed Assets | 204,847 | 163,521 | 1,463,122 | 246,485 | 186,611 | 4,847,669 | 3,388,064 | 796,404 | 398,343 | 270,797 | 206,539 | 80,266 | 182,023 | 222,485 | 226,918 |
| Stock & work in progress | 17,500 | 253,876 | 31,418 | 11,418 | 13,927 | 16,240 | 7,390 | 2,910 | |||||||
| Trade Debtors | 2,038,582 | 1,535,226 | 1,630,135 | 1,977,708 | 2,093,356 | 1,761,574 | 1,818,565 | 1,007,039 | 944,661 | 857,446 | 724,405 | 439,105 | 292,294 | 326,270 | 181,613 |
| Group Debtors | 237,771 | 607,106 | 488,234 | 516,586 | |||||||||||
| Misc Debtors | 255,766 | 153,914 | 167,781 | 181,750 | 228,698 | 363,019 | 645,664 | 922,596 | 485,334 | 279,324 | 136,154 | 176,928 | 129,048 | 127,619 | 103,181 |
| Cash | 230,511 | 561,437 | 637,541 | 1,584,221 | 670,088 | 1,810,096 | 2,035,744 | 1,945,573 | 1,368,837 | 1,224,910 | 736,117 | 543,771 | 231,498 | 49,115 | 124,449 |
| misc current assets | |||||||||||||||
| total current assets | 2,762,630 | 2,857,683 | 2,435,457 | 4,249,413 | 3,762,604 | 3,966,107 | 4,519,174 | 3,889,135 | 2,815,072 | 2,361,680 | 1,604,066 | 1,159,804 | 652,840 | 503,004 | 412,153 |
| total assets | 2,967,477 | 3,021,204 | 3,898,579 | 4,495,898 | 3,949,215 | 8,813,776 | 7,907,238 | 4,685,539 | 3,213,415 | 2,632,477 | 1,810,605 | 1,240,070 | 834,863 | 725,489 | 639,071 |
| Bank overdraft | |||||||||||||||
| Bank loan | 480,579 | 206,360 | |||||||||||||
| Trade Creditors | 219,495 | 19,480 | 16,446 | 8,725 | 32,907 | 289,421 | 77,183 | 102,840 | 144,279 | 76,179 | 97,937 | 73,932 | 53,034 | 75,693 | 56,260 |
| Group/Directors Accounts | 3,019,792 | 2,628,415 | 1,650,607 | 1,011,190 | 1,091,649 | ||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,021,072 | 1,005,155 | 1,585,916 | 2,235,897 | 865,001 | 1,278,140 | 1,252,496 | 1,285,705 | 809,854 | 765,562 | 490,031 | 354,300 | 251,081 | 199,201 | 182,659 |
| total current liabilities | 4,260,359 | 3,653,050 | 3,252,969 | 3,255,812 | 1,989,557 | 2,048,140 | 1,552,648 | 1,388,545 | 954,133 | 841,741 | 587,968 | 428,232 | 304,115 | 274,894 | 238,919 |
| loans | 2,335,036 | 2,476,325 | |||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 20,698 | 37,037 | 14,988 | 8,701 | 4,220 | ||||||||||
| total long term liabilities | 2,335,036 | 2,497,024 | 37,037 | 14,988 | 8,701 | 4,220 | |||||||||
| total liabilities | 4,260,359 | 3,653,050 | 3,252,969 | 3,255,812 | 1,989,557 | 4,383,176 | 4,049,672 | 1,425,582 | 969,121 | 850,442 | 592,188 | 428,232 | 304,115 | 274,894 | 238,919 |
| net assets | -1,292,882 | -631,846 | 645,610 | 1,240,086 | 1,959,658 | 4,430,600 | 3,857,566 | 3,259,957 | 2,244,294 | 1,782,035 | 1,218,417 | 811,838 | 530,748 | 450,595 | 400,152 |
| total shareholders funds | -1,292,882 | -631,846 | 645,610 | 1,240,086 | 1,959,658 | 4,430,600 | 3,857,566 | 3,259,957 | 2,244,294 | 1,782,035 | 1,218,417 | 811,838 | 530,748 | 450,595 | 400,152 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -667,749 | -1,314,074 | -606,099 | -706,904 | -786,473 | 1,200,253 | 1,081,942 | 1,207,281 | 748,868 | 748,488 | 576,987 | 407,627 | 153,367 | 78,587 | -47,839 |
| Depreciation | 4,112 | 1,272 | 126,592 | 124,478 | 1,130 | 307,493 | 298,446 | 186,552 | 79,260 | 66,791 | 46,591 | 23,340 | 12,243 | 13,176 | 11,168 |
| Amortisation | 52,448 | 128,342 | 15,392 | 21,142 | 28,996 | ||||||||||
| Tax | -5,413 | -62 | 1,672 | 8,430 | -333,540 | -307,261 | -327,086 | -197,386 | -203,592 | -146,408 | -115,085 | -57,070 | -30,769 | 16,529 | |
| Stock | -17,500 | -236,376 | 253,876 | 20,000 | -2,509 | -2,313 | 16,240 | -7,390 | 7,390 | -2,910 | 2,910 | ||||
| Debtors | 235,873 | -751,670 | 400,224 | -190,948 | 2,838,640 | -339,636 | 534,594 | 499,640 | 293,225 | 276,211 | 244,526 | 46,457 | -68,446 | 160,858 | 477,164 |
| Creditors | 200,015 | 3,034 | 7,721 | -24,182 | 32,907 | 212,238 | -25,657 | -41,439 | 68,100 | -21,758 | 24,005 | 20,898 | -22,659 | 19,433 | 56,260 |
| Accruals and Deferred Income | 15,917 | -580,761 | -649,981 | 1,370,896 | 865,001 | 25,644 | -33,209 | 475,851 | 44,292 | 275,531 | 135,731 | 103,219 | 51,880 | 16,542 | 182,659 |
| Deferred Taxes & Provisions | -20,698 | -16,339 | 22,049 | 6,287 | 4,481 | 4,220 | |||||||||
| Cash flow from operations | -631,130 | -1,015,930 | -1,504,553 | 1,193,284 | -2,971,521 | 1,726,418 | 486,979 | 1,054,877 | 439,956 | 601,120 | 389,210 | 393,542 | 206,207 | -60,979 | -261,297 |
| Investing Activities | |||||||||||||||
| capital expenditure | -1,877,788 | ||||||||||||||
| Change in Investments | -183,692 | 184,815 | 59,779 | 75,036 | 50,000 | ||||||||||
| cash flow from investments | -1,937,567 | ||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 274,219 | 206,360 | |||||||||||||
| Group/Directors Accounts | 391,377 | 977,808 | 639,417 | -80,459 | 1,091,649 | ||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -141,289 | 2,476,325 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 6,713 | 42,031 | 11,685 | -14,340 | -4,260 | -76,940 | 13,299 | 16,728 | 16,922 | 8,791 | 3,972 | -1,920 | -956 | -2,256 | -4,066 |
| cash flow from financing | 398,090 | 1,019,839 | 651,102 | -94,799 | 3,829,350 | 16,092 | 2,813,112 | 135,468 | 20,713 | 18,722 | -19,138 | -11,452 | -16,144 | 2,625 | 431,462 |
| cash and cash equivalents | |||||||||||||||
| cash | -330,926 | -76,104 | -946,680 | 914,133 | 670,088 | -225,648 | 90,171 | 576,736 | 143,927 | 488,793 | 192,346 | 312,273 | 182,383 | -75,334 | 124,449 |
| overdraft | |||||||||||||||
| change in cash | -330,926 | -76,104 | -946,680 | 914,133 | 670,088 | -225,648 | 90,171 | 576,736 | 143,927 | 488,793 | 192,346 | 312,273 | 182,383 | -75,334 | 124,449 |
merit data & technology limited Credit Report and Business Information
Merit Data & Technology Limited Competitor Analysis
Perform a competitor analysis for merit data & technology limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in SE1 area or any other competitors across 12 key performance metrics.
merit data & technology limited Ownership
MERIT DATA & TECHNOLOGY LIMITED group structure
Merit Data & Technology Limited has 1 subsidiary company.
Ultimate parent company
1 parent
MERIT DATA & TECHNOLOGY LIMITED
04842380
1 subsidiary
merit data & technology limited directors
Merit Data & Technology Limited currently has 3 directors. The longest serving directors include Mr Con Conlon (Oct 2003) and Nitil Patel (Jul 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Con Conlon | United Kingdom | 53 years | Oct 2003 | - | Director |
| Nitil Patel | England | 54 years | Jul 2019 | - | Director |
| Mr Philip MacHray | England | 54 years | Nov 2021 | - | Director |
P&L
March 2024turnover
12.8m
+8%
operating profit
-667.7k
-49%
gross margin
30.4%
+33.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-1.3m
+1.05%
total assets
3m
-0.02%
cash
230.5k
-0.59%
net assets
Total assets minus all liabilities
merit data & technology limited company details
company number
04842380
Type
Private limited with Share Capital
industry
82200 - Activities of call centres
63110 - Data processing, hosting and related activities
incorporation date
July 2003
age
22
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
meritgroup limited (April 2021)
merit outsourcing limited (July 2008)
See moreaccountant
-
auditor
COOPER PARRY GROUP LLP
address
9th floor the shard, 32 london bridge street, london, SE1 9SG
Bank
BARCLAYS BANK PLC
Legal Advisor
-
merit data & technology limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 3 charges/mortgages relating to merit data & technology limited. Currently there are 1 open charges and 2 have been satisfied in the past.
merit data & technology limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for MERIT DATA & TECHNOLOGY LIMITED. This can take several minutes, an email will notify you when this has completed.
merit data & technology limited Companies House Filings - See Documents
| date | description | view/download |
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