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MERIDIAN WORK SURFACES LIMITED Financials

Company number
07171225Copy
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Registered office
Meridian House Grangefield Road, Grangefield Industrial Estate, Leeds, West Yorkshire LS28 6JT
Incorporated
26/02/2010

Company snapshot

Status
Active
Employees
34 (2025)
Latest financial data
2025
Accounts type
Total Exemption Full

Financial highlights

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

Net Assets

£820.68K2025
13.03%vs 2024

2024: £726.08K

Total Assets

£2.25M2025
-16.95%vs 2024

2024: £2.71M

Cash in Bank

£2.40K2025
-93.70%vs 2024

2024: £38.11K

Total Liabilities

£1.43M2025
-3.69%vs 2024

2024: £1.48M

Employees

342025
+1vs 2024

2024: 33

In 2025, MERIDIAN WORK SURFACES LIMITED reported net assets of £820.68K. The same filing shows total assets of £2.25M, cash in bank of £2.40K and total liabilities of £1.43M. Reported headcount was 34 in 2025. Total Assets fell from £2.71M in 2024 to £2.25M in 2025 (-16.95%). 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

£820.68K2025
13.03%from £726.08K 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 WORK SURFACES LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£624.94K2023£820.68K2025
+31.3%vs 2023

+14.6% a year compound (CAGR)

Cash in Bank

£485.002023£2.40K2025
+395%vs 2023

+122% a year compound (CAGR)

Total Assets

£2.67M2023£2.25M2025
-15.8%vs 2023

-8.3% a year compound (CAGR)

Total Liabilities

£1.51M2023£1.43M2025
-5.3%vs 2023

-2.7% a year compound (CAGR)

Employees

332023342025
+3%vs 2023+1

Biggest increase

Cash in Bank+395%

£485.00 in 2023 to £2.40K in 2025

Biggest decrease

Total Assets-15.8%

£2.67M in 2023 to £2.25M in 2025

MERIDIAN WORK SURFACES LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total assets, pointing to a narrowing asset base. See the full year-by-year figures.

Ratios from the filed figures

Calculated from MERIDIAN WORK SURFACES 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
36.48%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
63.52%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
0.17%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
0.11%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 WORK SURFACES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£440.13K557.43K624.94K726.08K820.68K
Total Assets£1.78M2.48M2.67M2.71M2.25M
Cash in Bank£133.41K1.12K485.0038.11K2.40K
Total Liabilities£1.04M1.43M1.51M1.48M1.43M
Employees2728333334

MERIDIAN WORK SURFACES LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for MERIDIAN WORK SURFACES LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

MERIDIAN WORK SURFACES LIMITED reported net assets of £820.68K for 2025. That compares with £726.08K in 2024, a change of 13.03%.

MERIDIAN WORK SURFACES LIMITED reported total assets of £2.25M for 2025. That compares with £2.71M in 2024, a change of -16.95%.

MERIDIAN WORK SURFACES LIMITED reported cash in bank of £2.40K for 2025. That compares with £38.11K in 2024, a change of -93.70%.

MERIDIAN WORK SURFACES LIMITED reported 34 employees in 2025, compared with 33 in 2024.

Between 2023 and 2025, MERIDIAN WORK SURFACES LIMITED's net assets rose by 31.3%, cash in bank rose by 395%, total assets fell by 15.8% and total liabilities fell by 5.3%. Net assets compounded at 14.6% a year across the two years to 2025, from £624.94K to £820.68K. Reported headcount went from 33 in 2023 to 34 in 2025 (+1).

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.