Back to search

Meridian Property Development Ltd

12248439

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

SOMME, SALISBURY, SP5 3AZ
Incorporated 08/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Andrew John Mullen

director · Since 08/10/2019

DEVELOPER

BRITISH · UNITED KINGDOM · Age 62

Also on 3 other boards

Mrs Rachael Louise Mullen

director · Since 23/10/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Persons with Significant Control

Mr Andrew John Mullen

Significant control

British · United Kingdom · Age 62

Somme, Junction Road, Salisbury, SP5 3AZ

Notified 08/10/2019

Mrs Rachael Louise Mullen

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-firm
Appoint directors

British · England · Age 48

Somme, Junction Road, Salisbury, SP5 3AZ

Notified 23/10/2023

Former PSCs

Mr Bryan William Jennick

Ceased 31/10/2023

CompanyRankvs 20218+ SIC 41100 peers
64

Financial strength80th percentile among SIC peers · 20/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.48× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1French & Jupps Limited
90
2Amalgamated Properties Limited
90
3F.C. Stark Limited
90
4Hitchin Property Trust Limited(The)
90
5Exepex Estates Limited
90
6London & Western Holdings Plc
90
7Robert Dixon Limited
90
8Rayners (Buildings) Limited
90
9G.W.Proudfoot Limited
90
10Taylor Lindsey Limited
90
20218Meridian Property Development Ltd
63
How is this score calculated?
Financial strength20/25 pts

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

Employees2/15 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.

Longevity7/15 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 31/10/2024

Net Worth

£107k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£108k

Working capital

Current Assets

£181k

Current Liabilities

£73k

0avg. employees
Prepared with v2025.46.1 micro_entity_frs_105_v1_1_2 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20242.48+£38k
20231.73+£66k
20221.05-£78k
20211.75+£86k
20200.99—

Derived from filed accounts. Not audited figures.