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MERIDIAN COACHWORKS LIMITED Financials

Company number
06527038Copy
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Registered office
2 Clifton Moor Business Village, James Nicolson Link, York, North Yorkshire YO30 4XG
Incorporated
07/03/2008

Company snapshot

Status
Active
Employees
7 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£26.38K2024
-40.69%vs 2023

2023: £44.47K

Total Assets

£79.37K2024
-9.05%vs 2023

2023: £87.26K

Cash in Bank

£20.64K2024
-30.36%vs 2023

2023: £29.65K

Total Liabilities

£52.99K2024
23.83%vs 2023

2023: £42.80K

Employees

72024
0vs 2023

2023: 7

In 2024, MERIDIAN COACHWORKS LIMITED reported net assets of £26.38K. The same filing shows total assets of £79.37K, cash in bank of £20.64K and total liabilities of £52.99K. Reported headcount was 7 in 2024. Net Assets fell from £44.47K in 2023 to £26.38K in 2024 (-40.69%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£26.38K2024
-40.69%from £44.47K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures MERIDIAN COACHWORKS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£33.57K2022£26.38K2024
-21.4%vs 2022

-11.4% a year compound (CAGR)

Cash in Bank

£8.68K2022£20.64K2024
+138%vs 2022

+54.2% a year compound (CAGR)

Total Assets

£64.91K2022£79.37K2024
+22.3%vs 2022

+10.6% a year compound (CAGR)

Total Liabilities

£31.35K2022£52.99K2024
+69%vs 2022

+30% a year compound (CAGR)

Employees

6202272024
+16.7%vs 2022+1

Biggest increase

Cash in Bank+138%

£8.68K in 2022 to £20.64K in 2024

Biggest decrease

Net Assets-21.4%

£33.57K in 2022 to £26.38K in 2024

MERIDIAN COACHWORKS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MERIDIAN COACHWORKS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
33.23%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
66.77%2024
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
38.96%2024
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
26.01%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for MERIDIAN COACHWORKS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£45.90K33.57K44.47K26.38K
Total Assets£88.02K64.91K87.26K79.37K
Cash in Bank£26.24K8.68K29.65K20.64K
Total Liabilities£42.12K31.35K42.80K52.99K
Employees6677

MERIDIAN COACHWORKS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MERIDIAN COACHWORKS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

MERIDIAN COACHWORKS LIMITED reported net assets of £26.38K for 2024. That compares with £44.47K in 2023, a change of -40.69%.

MERIDIAN COACHWORKS LIMITED reported total assets of £79.37K for 2024. That compares with £87.26K in 2023, a change of -9.05%.

MERIDIAN COACHWORKS LIMITED reported cash in bank of £20.64K for 2024. That compares with £29.65K in 2023, a change of -30.36%.

MERIDIAN COACHWORKS LIMITED reported 7 employees in 2024, compared with 7 in 2023.

Between 2022 and 2024, MERIDIAN COACHWORKS LIMITED's net assets fell by 21.4%, cash in bank rose by 138%, total assets rose by 22.3% and total liabilities rose by 69%. Net assets contracted at 11.4% a year across the two years to 2024, from £33.57K to £26.38K. Reported headcount went from 6 in 2022 to 7 in 2024 (+1).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.