Meridian Electrical Ltd
05376258
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/03/2012
DIRECTOR
BRITISH · ENGLAND · Age 58
Also on 3 other boards
Persons with Significant Control
Mr Gavin Paul Steven Harrison
British · England · Age 58
Demar House, 14 Church Road, Chichester, PO20 8PS
Notified 01/07/2016
Mrs Deborah Harrison
British · England · Age 55
Demar House, 14 Church Road, Chichester, PO20 8PS
Notified 01/03/2024
CompanyRankvs 11372+ SIC 43210 peers68
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.96 | +£0 |
| 2025 | 0.96 | +£59k |
| 2024 | 1.12 | — |
| 2023 | 1.10 | — |
| 2022 | 1.30 | — |
| 2021 | 1.33 | — |
| 2020 | 1.24 | -£5k |
| 2019 | 1.30 | — |
Derived from filed accounts. Not audited figures.