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Meridian Development Company Limited

02579560

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

MERIDIAN BUSINESS CENTRE, OLDHAM, OL8 1EZ
Incorporated 04/02/1991

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 15/03/2026

Due 29/03/2027

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mrs Rebecca Carruthers

director · Since 12/08/1999

ACCOUNTANT

BRITISH · ENGLAND · Age 59

Cllr Arooj Shah

director · Since 22/06/2023

COUNCIL LEADER

BRITISH · UNITED KINGDOM · Age 47

Also on 2 other boards

Persons with Significant Control

Oldham Metropolitan Borough Council

75–100% shares
75–100% votes
Appoint directors

Civic Centre, West Street, Oldham, OL1 1NL

Reg: N/A · N/A · Local Authority

Notified 09/09/2021

Former PSCs

Mr Anthony Craig Pickering

Ceased 09/09/2021

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/09/2000Registered 11/09/2000Satisfied 02/02/2008
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/06/1995Registered 05/07/1995Satisfied 30/01/2023
charge
satisfied

THE OLDHAM BOROUGH COUNCIL

Created 23/06/1995Registered 27/06/1995Satisfied 09/03/2000
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/05/1995Registered 19/05/1995Satisfied 30/01/2023

CompanyRankvs 5364+ SIC 68100 peers
78

Financial strength99th percentile among SIC peers · 25/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 193.16× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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5364Meridian Development Company Limited
78
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2025

Net Worth

£4.5M

Balance sheet strength

Cash

£106k

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£2.0M

Current Liabilities

£10k

Fixed Assets

£2.6M

Debtors

£1.9M

Profit After Tax

-£17k

0avg. employees

Balance Sheet

Assets less current liabilities£4.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025193.16-£17k
2024311.22-£39k
20231668.40-£6k
20229.29-£1.3M
2021180.92-£12k
2020156.84—

Derived from filed accounts. Not audited figures.