The Firmwatch take
Merino Tops Limited (03482665) currently shows: Watch signal detected, based on accounts to 30 April 2025; last refreshed 24 May 2026. Negative working capital — extracted from the latest filed accounts.
Companies House source·Accounts to 30 Apr 2025·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Pulse · Net assets, 2024–2025
↘ £4kIncorporated
17 December 1997
28 years on the register
Sector
Other personal service activities n.e.c.
SIC 96090
Size
Not classified
Net assets
£59k
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Worth watching
The latest public accounts contain some cautionary signs, but not enough to suggest severe distress on their own.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Sector benchmark · Membership and Personal Services
How this company compares in 113,688 filers in this sector
Top 10% in sector — Merino Tops Limited shows £59k in net assets. Sector median is £1k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Money
What the balance sheet says
Net assets
£59k
Top 10% in sector · sector median £1k · 113,688 filers in this sector
Cash
Not disclosed
Working cap.
−£2k
Median £2k
Current ratio
—
Signals · 2
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Address pattern · HX1 1EB
108 other UK companies registered at this postcode.
Active
95
Dissolved
3
Strike-off action
8
People
Who runs this company
- BI
BARRACLOUGH, Ian Firth
director · since 1997
Registered office
Address intelligence
108 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.