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Meridian It Services Limited

11083491

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

50 WAKERING ROAD, BARKING, IG11 8GN
Incorporated 27/11/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Atul Bihari Prasad

director · Since 27/11/2017

IT CONSULTANT

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Mrs Priya Prasad

director · Since 27/11/2017

DIRECTOR

ENGLISH · ENGLAND · Age 51

Mr Manish Dineshbhai Shah

director · Since 10/01/2023

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 50

Also on 11 other boards

Mr Sudhakar Atchiyya Naidu Pilla

director · Since 25/09/2025

DIRECTOR

INDIAN · UNITED KINGDOM · Age 38

Also on 5 other boards

Persons with Significant Control

Mrs Priya Prasad

Significant control

English · England · Age 51

31 Ilfracombe Gardens, Romford, RM6 4RL

Notified 27/11/2017

Mr Atul Bihari Prasad

Significant control

British · United Kingdom · Age 52

31 Ilfracombe Gardens, Romford, RM6 4RL

Notified 27/11/2017

CompanyRankvs 51435+ SIC 62020 peers
58

Financial strength58th percentile among SIC peers · 14/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 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.

Liquidity6/20 pts

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

Longevity9/15 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£8k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£6k

Working capital

Current Assets

£120k

Current Liabilities

£125k

Fixed Assets

£27k

Debtors

£111k

3avg. employees+1

Tax at Year End(2023)

Corp tax£235
VAT£2k

Balance Sheet

Assets less current liabilities£21k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.95+£1k
20230.98-£2k£44k
20221.07£1k
20211.23
20201.41-£8k
20192.13-£15k
20182.75

Derived from filed accounts. Not audited figures.