MERIT SKILLS LIMITED
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Cash
£394k
+9.7% vs 2024
Net assets
£1m
+22.1% vs 2024
Employees
17
0% vs 2024
Profit before tax
£249k
+6.4% vs 2024
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £1,648,784 | £1,736,625 | +5.3% | |
| Operating profit | £231,771 | £248,244 | +7.1% | |
| Profit before tax | £233,600 | £248,611 | +6.4% | |
| Net profit | £175,153 | £189,115 | +8% | |
| Cash | £359,308 | £394,056 | +9.7% | |
| Total assets less current liabilities | £855,916 | £1,045,031 | +22.1% | |
| Net assets | £855,916 | £1,045,031 | +22.1% | |
| Equity | £855,916 | £1,045,031 | +22.1% | |
| Average employees | 17 | 17 | 0% | |
| Wages | — | — | — | |
| Directors' remuneration | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-12-31 | 2025-12-31 |
|---|---|---|---|
| Operating margin | 14.1% | 14.3% | |
| Net margin | 10.6% | 10.9% | |
| Return on capital employed | 27.1% | 23.8% | |
| Gearing (liabilities / total assets) | 42.4% | 38.2% |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102 §1A
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors consider it applicable to prepare the financial statements on a going concern basis. In reaching this conclusion, the directors have considered the financial projections of the Company for the foreseeable future, which covers a period of at least 12 months”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GALLUCCI, Stephen | Director | 2018-11-15 | Jan 1969 | British |
| KEENAN, Patrick | Director | 2018-11-15 | May 1967 | Irish |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUGG, James Allan Charles | Director | 2010-05-31 | 2018-11-15 |
| FEATHERSTONE, Peter | Director | 2010-05-31 | 2018-11-15 |
| FULLUCK, Maria | Director | 2011-01-04 | 2018-11-15 |
| HUGHES, Mark Anthony | Director | 2009-12-24 | 2018-11-15 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Trainspeople Limited | Corporate entity | Shares 75–100% | 2018-11-15 | Active |
| Mr James Allan Charles Bugg | Individual | Significant influence | 2016-04-06 | Ceased 2018-11-15 |
| Mr Peter Featherstone | Individual | Significant influence | 2016-04-06 | Ceased 2018-11-15 |
| Maria Fulluck | Individual | Significant influence | 2016-04-06 | Ceased 2018-11-15 |
| Mr Mark Anthony Hughes | Individual | Significant influence | 2016-04-06 | Ceased 2018-11-15 |
Filing timeline
Last 20 of 74 total filings
Material constitutional events — rename, articles re-file, resolution
- 2018-11-26 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-30 | AA | accounts | Accounts with accounts type full | |
| 2026-02-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-23 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-06 | AA | accounts | Accounts with accounts type small | |
| 2025-01-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-11 | AA | accounts | Accounts with accounts type small | |
| 2024-01-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-11 | AA | accounts | Accounts with accounts type small | |
| 2023-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-05 | AA | accounts | Accounts with accounts type small | |
| 2022-01-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-08 | AA | accounts | Accounts with accounts type small | |
| 2021-01-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-05 | AA | accounts | Accounts with accounts type small | |
| 2020-01-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-01 | AA | accounts | Accounts with accounts type small | |
| 2019-03-20 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2019-01-29 | CS01 | confirmation-statement | Confirmation statement | |
| 2018-12-06 | SH02 | capital | Capital alter shares subdivision | |
| 2018-11-26 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.