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Meredith Broadcast Audio Limited

06791375

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

CORELEY MILL, LUDLOW, SY8 3AU
Incorporated 14/01/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26309
26309

Officers

Mr Richard David Meredith

director · Since 14/01/2009

SOUND ENGINEER

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Mr Richard David Meredith

75–100% shares
75–100% votes

British · England · Age 59

1st Floor, Healthaid House, Harrow, HA1 1UD

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

HSBC BANK PLC

Created 06/06/2013Registered 07/06/2013
charge
outstanding

HSBC BANK PLC

Created 06/09/2012Registered 12/09/2012
charge
outstanding

HSBC BANK PLC

Created 01/08/2012Registered 15/08/2012

CompanyRankvs 66+ SIC 26309 peers
66

Financial strength92th percentile among SIC peers · 23/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 19.01× · 20/20
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 strength23/25 pts

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

Employees3/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£2.6M

Balance sheet strength

Cash

£782k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£1.1M

Current Liabilities

£56k

Fixed Assets

£1.6M

Debtors

£281k

0avg. employees-2

Balance Sheet

Assets less current liabilities£2.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202419.01+£88k
20234.53+£2k
20224.44+£664k
20216.69+£354k
20208.16+£13k
20198.03+£305k
20185.17

Derived from filed accounts. Not audited figures.