Meridian Lightweight Technologies Uk Limited
06614978
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 04/06/2026
Due 18/06/2027
Industry
Officers
secretary · Since 06/06/2016
Persons with Significant Control
Zhejiang Wanfeng Auto Wheel Co., Ltd
Zhejiang Wanfeng Auto Wheel Co., Ltd, Wanfeng Science And Technology Park, Xinchang County
Notified 01/01/2017
Charges0 outstanding
COMERICA BANK AS SECURITY TRUSTEE
COMERICA BANK
CompanyRankvs 97+ SIC 24530 peers30
Show leaderboard
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.
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 directors with respect to going concern are d
Key FinancialsYear ending 31/12/2025
Net Worth
-£31.2M
Balance sheet strength
Cash
£157k
Cash in the bank
Profit Before Tax
-£1.2M
Bottom line earnings
Net Current Assets
-£29.5M
Working capital
Current Assets
£460k
Current Liabilities
£30.0M
Fixed Assets
£113k
Debtors
£303k
Admin Expenses
£1.6M
Operating Profit
-£1.1M
Profit After Tax
-£1.2M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.02 | +£973k |
| 2024 | 0.02 | -£598k |
| 2023 | 0.03 | — |
Derived from filed accounts. Not audited figures.