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Meridian Reading Limited

06419282

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

CROWNE PLAZA READING EAST WHARFEDALE ROAD, WOKINGHAM, RG41 5TS
Incorporated 06/11/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation

Officers

Mr Demeter Peter Kovacs

director · Since 20/04/2026

HUNGARIAN · UNITED KINGDOM · Age 41

Also on 30 other boards

Mr Ashley Edward Shaw

director · Since 20/04/2026

BRITISH · UNITED KINGDOM · Age 33

Also on 28 other boards

Persons with Significant Control

Triton Reading Bidco Limited

75–100% shares
75–100% votes
Appoint directors

2, Babmaes Street, London, SW1Y 6HD

Reg: 16733565 · Companies House · Limited By Shares

Notified 20/04/2026

Former PSCs

Mr Moez Janmohamed

Ceased 20/04/2026

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/09/2019Registered 16/09/2019Satisfied 21/04/2026
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 16/11/2010Registered 17/11/2010Satisfied 04/10/2019
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 09/06/2008Registered 17/06/2008Satisfied 04/10/2019

CompanyRankvs 21+ SIC 55100 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 12.02× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 31/12/2025

Turnover

£8.3M

Annual revenue

Net Worth

£14.3M

Balance sheet strength

Cash

£254k

Cash in the bank

Profit Before Tax

£2.0M

Bottom line earnings

Net Current Assets

£13.2M

Working capital

Current Assets

£14.3M

Current Liabilities

£1.2M

Fixed Assets

£1.3M

Debtors

£14.1M

Cost of Sales

£718k

Gross Profit

£7.6M

Admin Expenses

£5.8M

Operating Profit

£1.8M

Profit After Tax

£1.5M

86avg. employees

Tax at Year End(2024)

Corp tax£313k

People Costs

Wages & salaries£2.1M
NI contributions£249k

Balance Sheet

Assets less current liabilities£14.5M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
202512.02+£0
202512.02+£1.5M
20249.16+£1.4M
20237.72+£1.5M
20228.57+£1.1M
20218.99-£283k
20209.01-£696k
20197.55+£1.6M
20185.31

Derived from filed accounts. Not audited figures.