MERIDIAN LEGAL SERVICES LIMITED Financials
- Company number
- 09311368CopyCopy
- Registered office
- Suite 106 Denning House C/O Know Tax, George Street, Wolverhampton WV2 4DP
- Incorporated
- 14/11/2014
Company snapshot
- Status
- Active
- Employees
- 6 (2023)
- Latest financial data
- 2023
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
18.73%vs 20222022: £220.31K
Total Assets
-1.80%vs 20222022: £330.00K
Cash in Bank
-46.59%vs 20222022: £291.33K
Total Liabilities
-39.87%vs 20222022: £98.53K
Employees
+1vs 20222022: 5
In 2023, MERIDIAN LEGAL SERVICES LIMITED reported net assets of £261.58K. The same filing shows total assets of £324.07K, cash in bank of £155.59K and total liabilities of £59.25K. Reported headcount was 6 in 2023. Cash in Bank fell from £291.33K in 2022 to £155.59K in 2023 (-46.59%). Okredo holds filed figures for 2021–2023; 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
18.73%from £220.31K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures MERIDIAN LEGAL SERVICES LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+225%vs 2021+80.4% a year compound (CAGR)
Cash in Bank
+230%vs 2021+81.7% a year compound (CAGR)
Total Assets
+167%vs 2021+63.4% a year compound (CAGR)
Total Liabilities
+118%vs 2021+47.6% a year compound (CAGR)
Employees
+20%vs 2021+1Biggest increase
Cash in Bank+230%
£47.13K in 2021 to £155.59K in 2023
Every indicator Okredo holds for MERIDIAN LEGAL SERVICES LIMITED rose between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MERIDIAN LEGAL SERVICES 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
- 80.72%2023
- 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
- 18.28%2023
- 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
- 262.60%2023
- 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
- 48.01%2023
- 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 LEGAL SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 80.41K | 220.31K | 261.58K |
| Total Assets£ | 121.36K | 330.00K | 324.07K |
| Cash in Bank£ | 47.13K | 291.33K | 155.59K |
| Total Liabilities£ | 27.20K | 98.53K | 59.25K |
| Employees | 5 | 5 | 6 |
MERIDIAN LEGAL SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MERIDIAN LEGAL SERVICES LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
MERIDIAN LEGAL SERVICES LIMITED reported net assets of £261.58K for 2023. That compares with £220.31K in 2022, a change of 18.73%.
MERIDIAN LEGAL SERVICES LIMITED reported total assets of £324.07K for 2023. That compares with £330.00K in 2022, a change of -1.80%.
MERIDIAN LEGAL SERVICES LIMITED reported cash in bank of £155.59K for 2023. That compares with £291.33K in 2022, a change of -46.59%.
MERIDIAN LEGAL SERVICES LIMITED reported 6 employees in 2023, compared with 5 in 2022.
Between 2021 and 2023, MERIDIAN LEGAL SERVICES LIMITED's net assets rose by 225%, cash in bank rose by 230%, total assets rose by 167% and total liabilities rose by 118%. Net assets compounded at 80.4% a year across the two years to 2023, from £80.41K to £261.58K. Reported headcount went from 5 in 2021 to 6 in 2023 (+1).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.