How much does Merit Skills Limited make?

Merit Skills Limited reported revenue of £1.7m and £189k profit in the year to 31 Dec 2025, according to its accounts filed at Companies House.

How many employees does Merit Skills Limited have?

Merit Skills Limited reported an average of 17 employees in the year to 31 Dec 2025.

Is Merit Skills Limited profitable?

Yes — Merit Skills Limited reported a profit of £189k in the year to 31 Dec 2025.

Company No. 07112618 · Incorporated 24 Dec 2009

Merit Skills Limited

Registered name: MERIT SKILLS LIMITED

Part of Growth Capital Partners Nominees Limited group

Merit Skills Limited made £1.7m revenue and £189k profit in the year to 31 Dec 2025.

Merit Skills Limited’s revenue grew 5% to £1.7m in the year to 31 Dec 2025, with £189k profit and 17 employees. The company is classified under “technical and vocational secondary education” and is based in Yiewsley; we hold 2 years of its filed accounts.

Full P&L filedSection P · EducationSIC 85320Technical and vocational secondary education

Status: Active
Location: Yiewsley, London
Age: 16 yrs · since 2009
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.

Latest accounts · year to 31 Dec 2025

Key figures

Capital-lightOperating leverage

Revenue

£1.7m

Growth ▲5.3%

Profit

£189k

Growth ▲8%

Profit margin

10.9%

Gross 77.9%

Employees

Change 0%

Profit / employee

£11.1k

Revenue/employee £102k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2024	31 Dec 2025
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£1.6m	£1.7m
Cost of sales	£354k	£384k
Gross profit	£1.3m	£1.4m
Operating profit	£232k	£248k
Profit before tax	£234k	£249k
Profit after tax	£175k	£189k
Profit (best available)	£175k	£189k
Employees (average)	17	17
Ratios
Profit margin	10.6%	10.9%
Gross margin	78.5%	77.9%
Revenue per employee	£97k	£102k
Profit per employee	£10.3k	£11.1k
Growth (year on year)
Revenue growth	—	▲5.3%
Profit growth	—	▲8%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£359k	£394k
Net assets	£856k	£1m
Fixed assets	£13.1k	£7.9k
Current assets	£1.5m	£1.7m
Debtors	£35.1k	£43.4k
Deferred income	£259k	£266k
Source	FullAccounts · bulk data Sep 2026	FullAccounts · bulk data Sep 2026

Derived from the latest filing

How the business works

Profit margin: 10.9%; Profit ÷ revenue.
Gross margin: 77.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £102k; Revenue ÷ average employees.
Profit per employee: £11.1k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 0.4%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 15.3%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.5%; 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: ▲22%; Now £1m
Cash at bank: ▲10%; Now £394k
Headcount: 0%; Now 17
Deferred income: ▲3%; Now £266k
Fixed assets: ▼40%; Now £7.9k

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

Growth Capital Partners Nominees Limitedultimate parent50–75%
Grouse Topco Limited75–100%
Grouse Midco Limited75–100%
Grouse Bidco Limited75–100%
Shorterm Group Limited75–100%
Shorterm Limited75–100%
Trainspeople Limited75–100%
Merit Skills Limitedthis company

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

Sister companies (1)

Catalyse Training LimitedFigures not disclosed

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

Same industry, similar size

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Industry benchmarks →

Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £189k), from the Companies House accounts bulk data published Sep 2026. 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.