{"name":"MERRIDALE LAYCOCK LIMITED","company_number":"04834689","status":"Active","type":"Private Limited Company","incorporated":"2003-07-16","dissolved":null,"registered_office":"Anderson Works Tongue Lane, Industrial Estate Fairfield, Buxton, Derbyshire, SK17 7LN","postcode":"SK17 7LN","sic_codes":[{"code":32990,"description":"Other manufacturing not elsewhere classified"}],"principal_activity":null,"previous_names":[{"name":"GRINDCO 431 LIMITED","changed_on":"2003-10-22"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":10,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","net_assets":210275,"cash":39226,"average_employees":10},{"financial_date":"2024-12-31","net_assets":213003,"cash":92426,"average_employees":11},{"financial_date":"2023-12-31","net_assets":223144,"cash":99617},{"financial_date":"2022-12-31","net_assets":232737,"cash":26625},{"financial_date":"2021-12-31","net_assets":210034,"cash":90672}],"officers":{"current":4,"resigned":5,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[{"date":"2026-08-25","kind":"other"}],"insolvency_outcome":null,"ai_summary":"Merridale Laycock Limited presents a mixed credit profile: a long-established manufacturer with positive equity but declining financial trajectory. The company's fundamental weakness is its heavy stock concentration (72.6% of total assets) combined with a quick ratio of just 0.61x, meaning it cannot meet current liabilities without liquidating inventory. The 2025 accounts show a loss (P&L reserves down £2,728), a 57.6% cash decline, and a 42.9% stock increase – a concerning combination suggesting potential working capital stress. Conditional approval is recommended with covenants targeting cash minimums, stock concentration limits, and group support confirmation.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/merridale-laycock","people":"https://www.companiesintheuk.co.uk/company/merridale-laycock/people","filing_history":"https://www.companiesintheuk.co.uk/company/merridale-laycock/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/04834689","financials":"https://www.companiesintheuk.co.uk/company/merridale-laycock/financial","gazette":"https://www.companiesintheuk.co.uk/company/merridale-laycock/gazette","control":"https://www.companiesintheuk.co.uk/company/merridale-laycock/control","charges":"https://www.companiesintheuk.co.uk/company/merridale-laycock/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/merridale-laycock/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/merridale-laycock"}