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Meridian Handpan Limited

11093913

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT A MERIDIAN STUDIOS, BRISTOL, BS2 0QR
Incorporated 04/12/2017

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 15/11/2025

Due 29/11/2026

On track

Industry

32200
Manufacture of musical instruments

Officers

Mr Duncan Leonard Arnot

director · Since 04/12/2017

DIRECTOR

ENGLISH · ENGLAND · Age 39

Persons with Significant Control

Mr Duncan Leonard Arnot

Significant control

English · England · Age 39

Unit A Meridian Studios, Queen Victoria Street, Bristol, BS2 0QR

Notified 04/12/2017

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 14/12/2020Registered 22/12/2020
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 23/09/2020Registered 12/10/2020

CompanyRankvs 43+ SIC 32200 peers
69

Financial strength99th percentile among SIC peers · 25/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 5.91× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

Employees10/15 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.

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.

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

£1.1M

Balance sheet strength

Cash

£537k

Cash in the bank

Net Current Assets

£489k

Working capital

Current Assets

£588k

Current Liabilities

£99k

Fixed Assets

£638k

Debtors

£43k

2avg. employees

Tax at Year End(2021)

VAT£4k

Balance Sheet

Assets less current liabilities£1.1M
Signed by Mr D Arnot 13/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20245.91+£287k
20233.11+£422k
20210.40+£171k£71k
20201.17+£172k£299k
20191.59+£9k
20181.91

Derived from filed accounts. Not audited figures.