mero asset limited
mero asset limited Company Information
Company Number
12807729
Next Accounts
May 2025
Shareholders
bikram joshi
hiral joshi
Group Structure
View All
Industry
Buying and selling of own real estate
+3Registered Address
11/12 hallmark trading centre, fourth way, wembley, middlesex, HA9 0LB
Website
-mero asset limited Estimated Valuation
Pomanda estimates the enterprise value of MERO ASSET LIMITED at £37.9k based on a Turnover of £17.3k and 2.2x industry multiple (adjusted for size and gross margin).
mero asset limited Estimated Valuation
Pomanda estimates the enterprise value of MERO ASSET LIMITED at £0 based on an EBITDA of £-372 and a 4.68x industry multiple (adjusted for size and gross margin).
mero asset limited Estimated Valuation
Pomanda estimates the enterprise value of MERO ASSET LIMITED at £0 based on Net Assets of £-8.2k and 1.74x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mero Asset Limited Overview
Mero Asset Limited is a live company located in wembley, HA9 0LB with a Companies House number of 12807729. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in August 2020, it's largest shareholder is bikram joshi with a 50% stake. Mero Asset Limited is a young, micro sized company, Pomanda has estimated its turnover at £17.3k with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Mero Asset Limited Health Check
Pomanda's financial health check has awarded Mero Asset Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £17.3k, make it smaller than the average company (£798k)
- Mero Asset Limited
£798k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mero Asset Limited
- - Industry AVG
Production
with a gross margin of 24.5%, this company has a higher cost of product (69.9%)
- Mero Asset Limited
69.9% - Industry AVG
Profitability
an operating margin of -2.1% make it less profitable than the average company (18.9%)
- Mero Asset Limited
18.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
- Mero Asset Limited
5 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£34.9k)
- Mero Asset Limited
£34.9k - Industry AVG
Efficiency
resulting in sales per employee of £17.3k, this is less efficient (£156.1k)
- Mero Asset Limited
£156.1k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (32 days)
- Mero Asset Limited
32 days - Industry AVG
Creditor Days
its suppliers are paid after 335 days, this is slower than average (34 days)
- Mero Asset Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mero Asset Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mero Asset Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 301.1%, this is a higher level of debt than the average (63.7%)
301.1% - Mero Asset Limited
63.7% - Industry AVG
MERO ASSET LIMITED financials
Mero Asset Limited's latest turnover from August 2023 is estimated at £17.3 thousand and the company has net assets of -£8.2 thousand. According to their latest financial statements, we estimate that Mero Asset Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | |
|---|---|---|---|
| Turnover | |||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | |||
| Tax | |||
| Profit After Tax | |||
| Dividends Paid | |||
| Retained Profit | |||
| Employee Costs | |||
| Number Of Employees | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 4,085 | 4,157 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 100 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 4,085 | 4,157 | 100 |
| total assets | 4,085 | 4,157 | 100 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 12,000 | 12,000 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 12,000 | 12,000 | 0 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 300 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 300 | 0 | 0 |
| total liabilities | 12,300 | 12,000 | 0 |
| net assets | -8,215 | -7,843 | 100 |
| total shareholders funds | -8,215 | -7,843 | 100 |
| Aug 2023 | Aug 2022 | Aug 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -72 | 4,157 | 0 |
| Creditors | 0 | 12,000 | 0 |
| Accruals and Deferred Income | 300 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | -100 | 100 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | -100 | 100 |
mero asset limited Credit Report and Business Information
Mero Asset Limited Competitor Analysis
Perform a competitor analysis for mero asset limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HA9 area or any other competitors across 12 key performance metrics.
mero asset limited Ownership
MERO ASSET LIMITED group structure
Mero Asset Limited has no subsidiary companies.
Ultimate parent company
MERO ASSET LIMITED
12807729
mero asset limited directors
Mero Asset Limited currently has 2 directors. The longest serving directors include Mr Bikram Joshi (Aug 2020) and Mrs Hiral Joshi (Aug 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bikram Joshi | United Kingdom | 49 years | Aug 2020 | - | Director |
| Mrs Hiral Joshi | United Kingdom | 46 years | Aug 2020 | - | Director |
P&L
August 2023turnover
17.3k
+4%
operating profit
-372
0%
gross margin
24.6%
+0.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
-8.2k
+0.05%
total assets
4.1k
-0.02%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
mero asset limited company details
company number
12807729
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
68320 - Management of real estate on a fee or contract basis
68201 - Renting and operating of Housing Association real estate
incorporation date
August 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
103 devon road limited (May 2021)
accountant
-
auditor
-
address
11/12 hallmark trading centre, fourth way, wembley, middlesex, HA9 0LB
Bank
-
Legal Advisor
-
mero asset 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 did not find charges/mortgages relating to mero asset limited.
mero asset 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 MERO ASSET LIMITED. This can take several minutes, an email will notify you when this has completed.
mero asset limited Companies House Filings - See Documents
| date | description | view/download |
|---|
