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Meliorum Audio Ltd

14099750

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

86-90 PAUL STREET, LONDON, EC2A 4NE
Incorporated 11/05/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47430
Retail sale of audio and video equipment in specialised stores

Officers

Martin Terence Atkinson

director · Since 11/05/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Persons with Significant Control

Martin Terence Atkinson

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 64

86-90, Paul Street, London, EC2A 4NE

Notified 11/05/2022

CompanyRankvs 913+ SIC 47430 peers
31

Financial strength16th percentile among SIC peers · 4/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 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.

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.

Longevity4/15 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 31/05/2025

Turnover

£3k

Annual revenue

Net Worth

-£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£4k

Current Liabilities

£7k

Fixed Assets

£0

Profit After Tax

-£5k

0avg. employees

Balance Sheet

Depreciation£746
Assets less current liabilities-£4k
Signed by 1.6.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.51+£0
20250.51+£1k
20240.62-£7k
2023Infinity

Derived from filed accounts. Not audited figures.