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Meadownet Limited

04353859

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

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

Details

1 ASTON HOUSE, NEWCASTLE UPON TYNE, NE5 1NB
Incorporated 16/01/2002

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/01/2026

Due 30/01/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Peter Cuthbert

director · Since 30/01/2002

PROPERTY CONSULTANT

BRITISH · UNITED KINGDOM · Age 69

Mr Douglas John Brown

director · Since 08/05/2012

DIRECTOR

BRITISH · SCOTLAND · Age 63

Also on 27 other boards

Persons with Significant Control

Mr Peter Cuthbert

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · United Kingdom · Age 69

2 The Sackhouse, Waren Mill, Belford, NE70 7EP

Notified 29/01/2025

Former PSCs

Outlet Properties Limited

Ceased 31/08/2024

Charges0 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 08/12/2008Registered 09/12/2008Satisfied 15/11/2023

CompanyRankvs 33089+ SIC 68209 peers
73

Financial strength94th percentile among SIC peers · 24/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.73× · 16/20
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 strength24/25 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.

Liquidity16/20 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

£1.1M

Balance sheet strength

Cash

£93k

Cash in the bank

Net Current Assets

£44k

Working capital

Current Assets

£105k

Current Liabilities

£61k

Fixed Assets

£1.1M

Debtors

£11k

0avg. employees

Balance Sheet

Assets less current liabilities£1.2M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.73+£54k
20230.87

Derived from filed accounts. Not audited figures.