How much does Merit Office Installations Limited make?

Merit Office Installations Limited reported revenue of £11.5m and £1.4m profit in the year to 31 Aug 2024, according to its accounts filed at Companies House.

How many employees does Merit Office Installations Limited have?

Merit Office Installations Limited reported an average of 51 employees in the year to 31 Aug 2024.

Is Merit Office Installations Limited profitable?

Yes — Merit Office Installations Limited reported a profit of £1.4m in the year to 31 Aug 2024.

Company No. 04040767 · Incorporated 26 Jul 2000

Merit Office Installations Limited

Registered name: MERIT OFFICE INSTALLATIONS LIMITED

Part of Merit Group Holdings Limited group

Merit Office Installations Limited made £11.5m revenue and £1.4m profit in the year to 31 Aug 2024. read from filing text

Merit Office Installations Limited’s revenue fell 6% to £11.5m in the year to 31 Aug 2024, with £1.4m profit and 51 employees. The company is classified under “operation of warehousing and storage facilities for land transport activities” and is based in Rochester; we hold 3 years of its filed accounts.

Full P&L filedSection H · Transportation and storageSIC 52103Operation of warehousing and storage facilities for land transport activities SIC 82990Other business support service activities n.e.c.

Status: Active
Location: Rochester, South East
Age: 26 yrs · since 2000
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”

Latest accounts · year to 31 Aug 2024

Key figures

Boring industry

Revenue

£11.5m

Growth ▼6.4%

Profit

£1.4m

Growth ▼6.2%

Profit margin

12%

Gross 39.6%

Employees

Change ▲15.9%

Profit / employee

£27.3k

Revenue/employee £226k

Profitable streak

3yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Aug 2022	31 Aug 2023	31 Aug 2024
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£11.3m	£12.3m	£11.5m
Cost of sales	£6.5m	£7.2m	£7m
Gross profit	£4.8m	£5.1m	£4.6m
Operating profit	£2.6m	£2.1m	£1.9m
Profit before tax	£2.5m	£1.9m	£1.7m
Profit after tax	£1.9m	£1.5m	£1.4m
Profit (best available)	£1.9m	£1.5m	£1.4m
Staff costs	£1.6m	£2m	£2.3m
Employees (average)	38	44	51
Ratios
Profit margin	17.1%	12%	12%
Gross margin	42.5%	41.7%	39.6%
Revenue per employee	£296k	£280k	£226k
Profit per employee	£50.5k	£33.7k	£27.3k
Growth (year on year)
Revenue growth	—	▲9.5%	▼6.4%
Profit growth	—	▼22.8%	▼6.2%
Headcount growth	—	▲15.8%	▲15.9%
Balance sheet — indirect signals, not revenue
Cash at bank	£263k	£234k	£202k
Net assets	£2.9m	£3.4m	£3.7m
Fixed assets	£1.8m	£2.6m	£2.5m
Current assets	£5.9m	£6.2m	£7.3m
Debtors	£1.8m	£1.4m	£1.6m
Deferred income	£178k	£50.3k	£197k
Source	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Aug 2024	FullAccounts · bulk data Oct 2025

Derived from the latest filing

How the business works

Profit margin: 12%; Profit ÷ revenue.
Gross margin: 39.6%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £226k; Revenue ÷ average employees.
Profit per employee: £27.3k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 21.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 13.7%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲10%; Now £3.7m
Cash at bank: ▼14%; Now £202k
Headcount: ▲16%; Now 51
Deferred income: ▲292%; Now £197k
Fixed assets: ▼6%; Now £2.5m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Merit Group Holdings Limitedultimate parent75–100%
Merit Office Installations Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (7)

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
Merit Spaces LimitedRev. — · Profit −£541k
Vic UK Insulation LimitedActive - Proposal to Strike offFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Aug 2024 (profit £1.4m), from the Companies House accounts bulk data published Oct 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.