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Meridian Upholstery Limited

08723201

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

35A NORTHFIELD WAY, NEWTON AYCLIFFE, DL5 6UF
Incorporated 08/10/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture

Officers

Mr Jonathan Michael Eager

director · Since 08/10/2013

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Persons with Significant Control

Mr Jonathon Eager

75–100% shares

British · England · Age 41

35a, Northfield Way, Newton Aycliffe, DL5 6UF

Notified 08/10/2016

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 08/04/2019Registered 23/04/2019
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 15/01/2014Registered 20/01/2014Satisfied 07/04/2022

CompanyRankvs 615+ SIC 31090 peers
71

Financial strength90th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.53× · 16/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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615Meridian Upholstery Limited
76
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.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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

£266k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

£251k

Working capital

Current Assets

£725k

Current Liabilities

£474k

Fixed Assets

£223k

Debtors

£567k

25avg. employees

Tax at Year End

Corp tax£39k
VAT£187k

Director Loans

Company owes directors£35k

Balance Sheet

Assets less current liabilities£474k
Signed by Mr Jonathan Eager 02/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.53+£61k£3.7M
20231.63—£1.2M

Derived from filed accounts. Not audited figures.