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MERIDIAN (SPECIALITY PACKAGING) LIMITED Financials

Company number
03440767Copy
Copy
Registered office
3rd Floor 86 - 90 Paul Street, London EC2A 4NE
Incorporated
26/09/1997

Company snapshot

Status
Active
Employees
53 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£1.63M2025
-19.29%vs 2024

2024: £2.02M

Total Assets

£2.56M2025
-13.93%vs 2024

2024: £2.97M

Cash in Bank

£237.57K2025
-73.30%vs 2024

2024: £889.88K

Total Liabilities

£559.15K2025
-18.95%vs 2024

2024: £689.87K

Employees

532025
-6vs 2024

2024: 59

In 2025, MERIDIAN (SPECIALITY PACKAGING) LIMITED reported net assets of £1.63M. The same filing shows total assets of £2.56M, cash in bank of £237.57K and total liabilities of £559.15K. Reported headcount was 53 in 2025. Cash in Bank fell from £889.88K in 2024 to £237.57K in 2025 (-73.30%). Okredo holds filed figures for 2021–2025; 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

£1.63M2025
-19.29%from £2.02M in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures MERIDIAN (SPECIALITY PACKAGING) LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£1.98M2023£1.63M2025
-17.4%vs 2023

-9.1% a year compound (CAGR)

Cash in Bank

£789.70K2023£237.57K2025
-69.9%vs 2023

-45.2% a year compound (CAGR)

Total Assets

£2.94M2023£2.56M2025
-12.9%vs 2023

-6.7% a year compound (CAGR)

Total Liabilities

£701.37K2023£559.15K2025
-20.3%vs 2023

-10.7% a year compound (CAGR)

Employees

582023532025
-8.6%vs 2023-5

Biggest decrease

Cash in Bank-69.9%

£789.70K in 2023 to £237.57K in 2025

Every indicator Okredo holds for MERIDIAN (SPECIALITY PACKAGING) LIMITED fell between 2023 and 2025. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MERIDIAN (SPECIALITY PACKAGING) 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
63.76%2025
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
21.84%2025
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
42.49%2025
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
9.28%2025
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 (SPECIALITY PACKAGING) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£1.73M2.00M1.98M2.02M1.63M
Total Assets£2.44M2.94M2.94M2.97M2.56M
Cash in Bank£1.29M1.14M789.70K889.88K237.57K
Total Liabilities£563.84K721.38K701.37K689.87K559.15K
Employees4654585953

MERIDIAN (SPECIALITY PACKAGING) LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MERIDIAN (SPECIALITY PACKAGING) LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

MERIDIAN (SPECIALITY PACKAGING) LIMITED reported net assets of £1.63M for 2025. That compares with £2.02M in 2024, a change of -19.29%.

MERIDIAN (SPECIALITY PACKAGING) LIMITED reported total assets of £2.56M for 2025. That compares with £2.97M in 2024, a change of -13.93%.

MERIDIAN (SPECIALITY PACKAGING) LIMITED reported cash in bank of £237.57K for 2025. That compares with £889.88K in 2024, a change of -73.30%.

MERIDIAN (SPECIALITY PACKAGING) LIMITED reported 53 employees in 2025, compared with 59 in 2024.

Between 2023 and 2025, MERIDIAN (SPECIALITY PACKAGING) LIMITED's net assets fell by 17.4%, cash in bank fell by 69.9%, total assets fell by 12.9% and total liabilities fell by 20.3%. Net assets contracted at 9.1% a year across the two years to 2025, from £1.98M to £1.63M. Reported headcount went from 58 in 2023 to 53 in 2025 (-5).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.