Meritec Limited
UnknownCompany number03224622
Company typeUnknown
JurisdictionUnknown
IncorporatedInvalid Date
Concentration risk
Buyer concentrationHigh risk
87%Top 3 buyers account for 87% of total contract value
Sector concentrationHigh risk
100%Top 2 sectors represent 100% of portfolio
Single buyer dependencyHigh risk
49%Largest buyer (South Lakeland District Council) represents 49% of total value
Route to marketHigh risk
100%100% of contract value via direct award
Contract renewal windowLow risk
1 in 24mo1 contracts due for renewal in next 24 months
New buyer acquisitionHigh risk
0 in 24mo0 new buying relationships in last 24 months
Buyer breakdown11 buyers
Total buyers11
Top 5 concentration96%
Returning buyers11
New buyers (24 mo)0
Top buyers by contract value
Sector breakdown1 sectors
100%
OtherOther
Other
StableContract value£3m
Contracts16
Buyers11
Contract patterns
Avg contract value£164k
Avg duration3yr 10mo
Renewal rate27%
Total contracts16
Awards by year
12020£6k
22021£200k
32022£296k
12024£546k
12025£172k