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Meridian Medical Limited

02609505

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 1 THORGATE ROAD, LITTLEHAMPTON, BN17 7LU
Incorporated 10/05/1991

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr James Fenton

director · Since 09/03/2017

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 43

Mr Marcus Fenton

director · Since 09/03/2017

MAINTENANCE DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 1 other board

Persons with Significant Control

Fentech Uk Holdings Limited

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

Unit 1 Thorgate Road, Lineside Industrial Estate, Littlehampton, BN17 7LU

Reg: 14600086 · Register Of Companies England & Wales · Private Limited Company

Notified 09/02/2023

Former PSCs

Mr Ian Fenton

Ceased 18/03/2020

Mr James Fenton

Ceased 09/02/2023

Mr Marcus Fenton

Ceased 09/02/2023

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 26/07/2024Registered 30/07/2024
Charge
satisfied

HSBC UK BANK PLC

Created 30/09/2019Registered 02/10/2019Satisfied 22/07/2025
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 26/07/2006Registered 29/07/2006Satisfied 29/03/2018
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 26/07/2006Registered 29/07/2006Satisfied 29/03/2018
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 30/06/2006Registered 06/07/2006Satisfied 06/08/2024
charge
satisfied

ROY GRAY TUNNICLIFFE AND LINDA TUNNICLIFFE

Created 23/06/2005Registered 12/07/2005Satisfied 06/08/2024
charge
satisfied

BARCLAYS BANK PLC

Created 14/12/2001Registered 18/12/2001Satisfied 10/01/2007
charge
satisfied

BARCLAYS BANK PLC

Created 05/06/2000Registered 09/06/2000Satisfied 10/01/2007
charge
satisfied

BARCLAYS BANK PLC

Created 03/09/1991Registered 17/09/1991Satisfied 30/08/2006

CompanyRankvs 175+ SIC 32990 peers
69

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.32× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce

Key FinancialsYear ending 31/03/2025

Turnover

£11.0M

Annual revenue

Net Worth

£3.3M

Balance sheet strength

Cash

£587k

Cash in the bank

Profit Before Tax

-£65k

Bottom line earnings

Net Current Assets

£2.8M

Working capital

Current Assets

£4.0M

Current Liabilities

£1.2M

Fixed Assets

£561k

Debtors

£1.4M

Cost of Sales

£8.4M

Gross Profit

£2.5M

Admin Expenses

£2.6M

Operating Profit

-£74k

Profit After Tax

£57k

135avg. employees+9

Tax at Year End

Corp tax£3k

People Costs

Wages & salaries£4.0M
NI contributions£345k

Balance Sheet

Assets less current liabilities£3.3M
Signed by Mr James Fenton 11 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.32-£253k
20243.10-£936k
20233.81+£387k
20224.37+£178k
20215.52

Derived from filed accounts. Not audited figures.