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Meridian Developments (S.P.) Limited

04972668

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

34 PRINCES STREET, SOUTHPORT, PR8 1EQ
Incorporated 21/11/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Damian James Mcguinness

secretary · Since 16/06/2004

PROPERTY MANAGER

BRITISH · UNITED KINGDOM · Age 52

Also on 15 other boards

Mr Damian James Mcguinness

director · Since 16/06/2004

PROPERTY MANAGER

BRITISH · ISLE OF MAN · Age 52

Also on 15 other boards

Persons with Significant Control

Mr Damian James Mcguinness

75–100% shares
75–100% votes

British · Isle Of Man · Age 52

Unit 11, Wrexham Road, Mold, CH7 1XP

Notified 06/04/2016

Charges7 outstanding

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outstanding

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CompanyRankvs 52287+ SIC 68209 peers
53

Financial strength87th percentile among SIC peers · 22/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees9/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/11/2024

Net Worth

£356k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£160k

Working capital

Current Assets

£15k

Current Liabilities

£175k

Fixed Assets

£790k

Debtors

£3k

1avg. employees

Balance Sheet

Assets less current liabilities£630k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.09+£21k
20230.06+£45k
20220.07+£189k
20210.15+£876
20200.25+£6k
20190.12-£1k

Derived from filed accounts. Not audited figures.