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Meridian Electrical Ltd

05376258

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

DEMAR HOUSE, 14 CHURCH ROAD, CHICHESTER, PO20 8PS
Incorporated 25/02/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Shore Secretaries Limited

secretary · Since 25/02/2005

BRITISH

Also on 268 other boards

Mr Gavin Paul Steven Harrison

director · Since 26/03/2012

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 3 other boards

Persons with Significant Control

Mr Gavin Paul Steven Harrison

25–50% shares
25–50% votes
Appoint directors

British · England · Age 58

Demar House, 14 Church Road, Chichester, PO20 8PS

Notified 01/07/2016

Mrs Deborah Harrison

25–50% shares
25–50% votes
Appoint directors

British · England · Age 55

Demar House, 14 Church Road, Chichester, PO20 8PS

Notified 01/03/2024

CompanyRankvs 11372+ SIC 43210 peers
68

Financial strength81th percentile among SIC peers · 20/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.96× · 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 strength20/25 pts

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

Employees12/15 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 31/03/2025

Net Worth

£60k

Balance sheet strength

Cash

£88k

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£362k

Current Liabilities

£377k

Fixed Assets

£168k

Debtors

£192k

4avg. employees

Balance Sheet

Bank loans & overdrafts£2k
Assets less current liabilities£152k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.96+£0
20250.96+£59k
20241.12
20231.10
20221.30
20211.33
20201.24-£5k
20191.30

Derived from filed accounts. Not audited figures.