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MERIDIAN (LEICESTER) LIMITED Financials

Company number
09366710Copy
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Registered office
Capital House Pride Place, Pride Park, Derby DE24 8QR
Incorporated
24/12/2014

Company snapshot

Status
Active
Employees
75 (2024)
Latest financial data
2024
Accounts type
Small

Financial highlights

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

Net Assets

£1.12M2024
9.71%vs 2023

2023: £1.02M

Total Assets

£2.41M2024
18.93%vs 2023

2023: £2.02M

Cash in Bank

£922.70K2024
23.39%vs 2023

2023: £747.81K

Total Liabilities

£1.18M2024
27.91%vs 2023

2023: £922.62K

Employees

752024
+1vs 2023

2023: 74

In 2024, MERIDIAN (LEICESTER) LIMITED reported net assets of £1.12M. The same filing shows total assets of £2.41M, cash in bank of £922.70K and total liabilities of £1.18M. Reported headcount was 75 in 2024. Total Assets rose from £2.02M in 2023 to £2.41M in 2024 (18.93%). 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

£1.12M2024
9.71%from £1.02M 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 (LEICESTER) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£823.68K2022£1.12M2024
+35.6%vs 2022

+16.5% a year compound (CAGR)

Cash in Bank

£1.00M2022£922.70K2024
-8%vs 2022

-4.1% a year compound (CAGR)

Total Assets

£1.98M2022£2.41M2024
+21.2%vs 2022

+10.1% a year compound (CAGR)

Total Liabilities

£1.08M2022£1.18M2024
+8.9%vs 2022

+4.3% a year compound (CAGR)

Employees

732022752024
+2.7%vs 2022+2

Biggest increase

Net Assets+35.6%

£823.68K in 2022 to £1.12M in 2024

Biggest decrease

Cash in Bank-8%

£1.00M in 2022 to £922.70K in 2024

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

Ratios from the filed figures

Calculated from MERIDIAN (LEICESTER) 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
46.44%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
49.06%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
78.18%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
38.35%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 (LEICESTER) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£705.55K823.68K1.02M1.12M
Total Assets£2.03M1.98M2.02M2.41M
Cash in Bank£1.27M1.00M747.81K922.70K
Total Liabilities£1.25M1.08M922.62K1.18M
Employees62737475

MERIDIAN (LEICESTER) LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has MERIDIAN (LEICESTER) LIMITED filed financial statements?

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

What net assets did MERIDIAN (LEICESTER) LIMITED report in 2024?

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MERIDIAN (LEICESTER) LIMITED reported net assets of £1.12M for 2024. That compares with £1.02M in 2023, a change of 9.71%.

What total assets did MERIDIAN (LEICESTER) LIMITED report in 2024?

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MERIDIAN (LEICESTER) LIMITED reported total assets of £2.41M for 2024. That compares with £2.02M in 2023, a change of 18.93%.

What cash in bank did MERIDIAN (LEICESTER) LIMITED report in 2024?

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MERIDIAN (LEICESTER) LIMITED reported cash in bank of £922.70K for 2024. That compares with £747.81K in 2023, a change of 23.39%.

How many people does MERIDIAN (LEICESTER) LIMITED employ?

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MERIDIAN (LEICESTER) LIMITED reported 75 employees in 2024, compared with 74 in 2023.

How have MERIDIAN (LEICESTER) LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, MERIDIAN (LEICESTER) LIMITED's net assets rose by 35.6%, cash in bank fell by 8%, total assets rose by 21.2% and total liabilities rose by 8.9%. Net assets compounded at 16.5% a year across the two years to 2024, from £823.68K to £1.12M. Reported headcount went from 73 in 2022 to 75 in 2024 (+2).

Which years of MERIDIAN (LEICESTER) LIMITED financial data are available?

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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.