Merlin Accountancy Services Ltd

POWER SEARCH PRICING

SOLUTIONS

merlin accountancy services ltd Company Information

Company Number

05607769

Next Accounts

Dec 2025

Directors

Giles Corby

Shareholders

giles corby

Group Structure

View All

Industry

Accounting, and auditing activities

Registered Address

2nd floor 33, longbrook street, exeter, EX4 6AW

Website

www.merlin-accountants.co.uk

merlin accountancy services ltd Estimated Valuation

£105k

Pomanda estimates the enterprise value of MERLIN ACCOUNTANCY SERVICES LTD at £105k based on a Turnover of £114.4k and 0.92x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Merlin Accountancy Services Ltd is a live company located in exeter, EX4 6AW with a Companies House number of 05607769. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in October 2005, it's largest shareholder is giles corby with a 100% stake. Merlin Accountancy Services Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £114.4k with low growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Merlin Accountancy Services Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating2out of 5

2 Strong

3 Regular

6 Weak

Size

annual sales of £114.4k, make it smaller than the average company (£182.1k)

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (8.4%)

EXPORT

Merlin Accountancy Services Ltd's latest turnover from March 2024 is estimated at £114.4 thousand and the company has net assets of -£10.6 thousand. According to their latest financial statements, Merlin Accountancy Services Ltd has 3 employees and maintains cash reserves of £11.7 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	114,389	155,674	131,822	110,139	106,522	41,719	83,763	95,164	7,664	109,153	131,383	130,077	120,902	132,709	88,213
Other Income Or Grants
Cost Of Sales	7,580	18,439	19,680	17,955	3,694	1,448	2,136	2,700	603	9,899	10,921	15,666	14,660	10,589	8,788
Gross Profit	106,810	137,234	112,142	92,184	102,828	40,271	81,627	92,464	7,061	99,254	120,462	114,412	106,242	122,120	79,425
Admin Expenses	128,835	131,461	114,950	87,394	111,194	33,065	71,399	77,771	6,093	107,193	119,470	110,505	112,540	119,048	75,233
Operating Profit	-22,025	5,773	-2,808	4,790	-8,366	7,206	10,228	14,693	968	-7,939	992	3,907	-6,298	3,072	4,192
Interest Payable	4,597	2,821	1,197	549
Interest Receivable	570	404	117	12	4	45	27	9	6	3	3		2	7	6
Pre-Tax Profit	-26,052	3,356	-3,888	4,253	-8,362	7,252	10,256	14,703	974	-7,936	995	3,907	-6,296	3,079	4,197
Tax		-638		-808		-1,378	-1,949	-2,940	-195		-229	-938		-862	-1,175
Profit After Tax	-26,052	2,718	-3,888	3,445	-8,362	5,874	8,307	11,762	779	-7,936	766	2,969	-6,296	2,217	3,022
Dividends Paid
Retained Profit	-26,052	2,718	-3,888	3,445	-8,362	5,874	8,307	11,762	779	-7,936	766	2,969	-6,296	2,217	3,022
Employee Costs	104,993	66,525	61,261	52,976	56,003	66,470	56,143	57,637	27,114	53,859	85,050	83,345	75,562	75,895	42,043
Number Of Employees	3	2	2	2	2	2	2	2	1	2	3	3	3	3	2
EBITDA*	-10,638	8,412	-685	5,727	-7,418	7,923	10,883	15,222	1,316	-7,648	1,419	4,510	-5,531	3,757	4,993

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	5,501	8,013	6,734	2,391	3,228	1,964	1,858	2,148	1,175	637	990	1,417	1,769	1,726	1,724
Intangible Assets	23,719	32,594
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets	29,220	40,607	6,734	2,391	3,228	1,964	1,858	2,148	1,175	637	990	1,417	1,769	1,726	1,724
Stock & work in progress						54	54	54	54	54	54			338
Trade Debtors	15,106	37,061	32,244	25,193	21,628	632	14,199	15,392	1,196	15,539	16,557	16,943	16,546	17,887	11,222
Group Debtors
Misc Debtors	3,211	3,047	3,388	4,896	3,873	23,105	2,688	4,574	13,498					50	932
Cash	11,743	9,974	9,061	22,100	1,622	6,506	5,605	5,354	2,175	90	1,049	1		697	2,232
misc current assets
total current assets	30,060	50,082	44,693	52,189	27,123	30,297	22,546	25,374	16,923	15,683	17,660	16,944	16,546	18,972	14,386
total assets	59,280	90,689	51,427	54,580	30,351	32,261	24,404	27,522	18,098	16,320	18,650	18,361	18,315	20,698	16,110
Bank overdraft	7,898	5,535	2,118	390
Bank loan
Trade Creditors	9,607	2,318	3,495	2,786	2,318	2,151	2,401	5,502	3,147	21,361	7,332	6,705	15,792	15,014	12,626
Group/Directors Accounts											8,342	9,361	3,126
other short term finances
hp & lease commitments
other current liabilities	15,055	33,790	16,423	16,693	14,218	8,173	5,960	14,229	19,095
total current liabilities	32,560	41,643	22,036	19,869	16,536	10,324	8,361	19,731	22,242	21,361	15,674	16,066	18,918	15,014	12,626
loans	36,250	32,047	15,353	17,610
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions	1,045	1,522	1,279	454	613	373	353	408	235	117	198	283	354	345	362
total long term liabilities	37,295	33,569	16,632	18,064	613	373	353	408	235	117	198	283	354	345	362
total liabilities	69,855	75,212	38,668	37,933	17,149	10,697	8,714	20,139	22,477	21,478	15,872	16,349	19,272	15,359	12,988
net assets	-10,575	15,477	12,759	16,647	13,202	21,564	15,690	7,383	-4,379	-5,158	2,778	2,012	-957	5,339	3,122
total shareholders funds	-10,575	15,477	12,759	16,647	13,202	21,564	15,690	7,383	-4,379	-5,158	2,778	2,012	-957	5,339	3,122

	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	-22,025	5,773	-2,808	4,790	-8,366	7,206	10,228	14,693	968	-7,939	992	3,907	-6,298	3,072	4,192
Depreciation	2,512	2,639	2,123	937	948	717	655	529	348	291	427	603	767	685	801
Amortisation	8,875
Tax		-638		-808		-1,378	-1,949	-2,940	-195		-229	-938		-862	-1,175
Stock					-54						54		-338	338
Debtors	-21,791	4,476	5,543	4,588	1,764	6,850	-3,079	5,272	-845	-1,018	-386	397	-1,391	5,783	12,154
Creditors	7,289	-1,177	709	468	167	-250	-3,101	2,355	-18,214	14,029	627	-9,087	778	2,388	12,626
Accruals and Deferred Income	-18,735	17,367	-270	2,475	6,045	2,213	-8,269	-4,866	19,095
Deferred Taxes & Provisions	-477	243	825	-159	240	20	-55	173	118	-81	-85	-71	9	-17	362
Cash flow from operations	-770	19,731	-4,964	3,115	-2,676	1,678	588	4,672	2,965	7,318	2,064	-5,983	-3,015	-855	4,652
Investing Activities
capital expenditure		-36,512	-6,466	-100	-2,212	-823	-365	-1,502	-886	62		-251	-810	-687	-2,525
Change in Investments
cash flow from investments		-36,512	-6,466	-100	-2,212	-823	-365	-1,502	-886	62		-251	-810	-687	-2,525
Financing Activities
Bank loans
Group/Directors Accounts										-8,342	-1,019	6,235	3,126
Other Short Term Loans
Long term loans	4,203	16,694	-2,257	17,610
Hire Purchase and Lease Commitments
other long term liabilities
share issue															100
interest	-4,027	-2,417	-1,080	-537	4	45	27	9	6	3	3		2	7	6
cash flow from financing	176	14,277	-3,337	17,073	4	45	27	9	6	-8,339	-1,016	6,235	3,128	7	106
cash and cash equivalents
cash	1,769	913	-13,039	20,478	-4,884	901	251	3,179	2,085	-959	1,048	1	-697	-1,535	2,232
overdraft	2,363	3,417	1,728	390
change in cash	-594	-2,504	-14,767	20,088	-4,884	901	251	3,179	2,085	-959	1,048	1	-697	-1,535	2,232

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for merlin accountancy services ltd. Get real-time insights into merlin accountancy services ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for merlin accountancy services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in EX4 area or any other competitors across 12 key performance metrics.

MERLIN ACCOUNTANCY SERVICES LTD group structure

Merlin Accountancy Services Ltd has no subsidiary companies.

Ultimate parent company

MERLIN ACCOUNTANCY SERVICES LTD

05607769

MERLIN ACCOUNTANCY SERVICES LTD Shareholders

giles corby

100%

Merlin Accountancy Services Ltd currently has 1 director, Mr Giles Corby serving since Oct 2005.

officer	country	age	start	end	role
Mr Giles Corby	England	49 years	Oct 2005	-	Director

P&L

March 2024

turnover

114.4k

-27%

operating profit

-22k

gross margin

93.4%

+5.92%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

-10.6k

-1.68%

total assets

59.3k

-0.35%

cash

11.7k

+0.18%

net assets

Total assets minus all liabilities

Similar Companies

ejm accountancy limited

robert g tudor limited

1.5

bodicea consultancy limited

1.5

stormwind limited

chris badham & associates ltd.

company number

05607769

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

October 2005

ultimate parent company

None

previous names

N/A

address

2nd floor 33, longbrook street, exeter, EX4 6AW

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 did not find charges/mortgages relating to merlin accountancy services ltd.

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 MERLIN ACCOUNTANCY SERVICES LTD. This can take several minutes, an email will notify you when this has completed.

merlin accountancy services ltd Company Information

merlin accountancy services ltd Estimated Valuation

merlin accountancy services ltd Estimated Valuation

merlin accountancy services ltd Estimated Valuation

Merlin Accountancy Services Ltd Overview

Merlin Accountancy Services Ltd Health Check

MERLIN ACCOUNTANCY SERVICES LTD financials

merlin accountancy services ltd Credit Report and Business Information

Merlin Accountancy Services Ltd Competitor Analysis

merlin accountancy services ltd Ownership

merlin accountancy services ltd directors

merlin accountancy services ltd company details

merlin accountancy services ltd Charges & Mortgages

merlin accountancy services ltd Capital Raised & Share Issues BETA

merlin accountancy services ltd Companies House Filings - See Documents