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Meridian Productivity Limited

03515265

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

DAWS HOUSE, LONDON, NW7 4SD
Incorporated 23/02/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Paal Austad

director · Since 22/01/2024

EXECUTIVE

NORWEGIAN · NORWAY · Age 63

Kjetil Barfelt

director · Since 22/01/2024

EXECUTIVE

NORWEGIAN · NORWAY · Age 62

Mr Michael Gerard Mccoy

director · Since 18/11/2025

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Paal Austad

Significant control

Norwegian · Norway · Age 63

Daws House, 33-35 Daws Lane, London, NW7 4SD

Notified 07/05/2024

Mr Kjetil Barfelt

Significant control

Norwegian · Norway · Age 62

Daws House, 33-35 Daws Lane, London, NW7 4SD

Notified 07/05/2024

Former PSCs

Mr James George Quinn

Ceased 22/01/2024

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 14/11/2000Registered 20/11/2000Satisfied 22/09/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/11/1999Registered 12/11/1999Satisfied 12/04/2001

CompanyRankvs 107337+ SIC 70229 peers
51

Financial strength1th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 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.

Liquidity6/20 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 31/12/2024

Net Worth

-£188k

Balance sheet strength

Cash

£79k

Cash in the bank

Net Current Assets

-£183k

Working capital

Current Assets

£565k

Current Liabilities

£748k

Fixed Assets

£6k

Debtors

£487k

7avg. employees-1

Balance Sheet

Assets less current liabilities-£176k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.76-£117k
20240.43-£92k
20231.59+£7k
20221.02-£23k
20211.85-£270k
20201.78

Derived from filed accounts. Not audited figures.