chg-meridian uk limited
chg-meridian uk limited Company Information
Company Number
01276016
Next Accounts
Sep 2025
Shareholders
chg-meridian uk ltd
Group Structure
View All
Industry
Financial leasing
Registered Address
65 high street, egham, TW20 9EY
Website
http://chg-meridian.comchg-meridian uk limited Estimated Valuation
Pomanda estimates the enterprise value of CHG-MERIDIAN UK LIMITED at £159.1m based on a Turnover of £70.2m and 2.27x industry multiple (adjusted for size and gross margin).
chg-meridian uk limited Estimated Valuation
Pomanda estimates the enterprise value of CHG-MERIDIAN UK LIMITED at £115.4m based on an EBITDA of £12.9m and a 8.95x industry multiple (adjusted for size and gross margin).
chg-meridian uk limited Estimated Valuation
Pomanda estimates the enterprise value of CHG-MERIDIAN UK LIMITED at £75m based on Net Assets of £37.5m and 2x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Chg-meridian Uk Limited Overview
Chg-meridian Uk Limited is a live company located in egham, TW20 9EY with a Companies House number of 01276016. It operates in the financial leasing sector, SIC Code 64910. Founded in September 1976, it's largest shareholder is chg-meridian uk ltd with a 100% stake. Chg-meridian Uk Limited is a mature, large sized company, Pomanda has estimated its turnover at £70.2m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Chg-meridian Uk Limited Health Check
Pomanda's financial health check has awarded Chg-Meridian Uk Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £70.2m, make it larger than the average company (£2.9m)
£70.2m - Chg-meridian Uk Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (0%)
9% - Chg-meridian Uk Limited
0% - Industry AVG
Production
with a gross margin of 24.2%, this company has a higher cost of product (49.5%)
24.2% - Chg-meridian Uk Limited
49.5% - Industry AVG
Profitability
an operating margin of 17.8% make it less profitable than the average company (39%)
17.8% - Chg-meridian Uk Limited
39% - Industry AVG
Employees
with 59 employees, this is above the industry average (8)
59 - Chg-meridian Uk Limited
8 - Industry AVG
Pay Structure
on an average salary of £100.1k, the company has a higher pay structure (£69.9k)
£100.1k - Chg-meridian Uk Limited
£69.9k - Industry AVG
Efficiency
resulting in sales per employee of £1.2m, this is more efficient (£546.5k)
£1.2m - Chg-meridian Uk Limited
£546.5k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (49 days)
74 days - Chg-meridian Uk Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (34 days)
26 days - Chg-meridian Uk Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Chg-meridian Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is average cash available to meet short term requirements (5 weeks)
5 weeks - Chg-meridian Uk Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.3%, this is a lower level of debt than the average (96.3%)
81.3% - Chg-meridian Uk Limited
96.3% - Industry AVG
CHG-MERIDIAN UK LIMITED financials
Chg-Meridian Uk Limited's latest turnover from December 2023 is £70.2 million and the company has net assets of £37.5 million. According to their latest financial statements, Chg-Meridian Uk Limited has 59 employees and maintains cash reserves of £10.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 70,226,000 | 88,189,000 | 63,227,000 | 54,439,000 | 53,876,000 | 32,190,000 | 29,789,000 | 29,097,000 | 29,346,000 | 25,314,000 | 20,588,000 | 21,527,000 | 22,854,000 | 23,896,000 | 27,647,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 53,219,000 | 68,490,000 | 51,163,000 | 43,485,000 | 43,830,000 | 25,578,000 | 23,586,000 | 3,322,000 | 20,923,000 | 22,096,000 | 17,386,000 | 19,016,000 | 20,501,000 | 19,142,000 | 22,476,000 |
| Gross Profit | 17,007,000 | 19,699,000 | 12,064,000 | 10,954,000 | 10,046,000 | 6,612,000 | 6,203,000 | 25,775,000 | 8,423,000 | 3,218,000 | 3,202,000 | 2,511,000 | 2,353,000 | 4,754,000 | 5,171,000 |
| Admin Expenses | 4,487,000 | 3,248,000 | 3,321,000 | 3,459,000 | 2,586,000 | 3,052,000 | 2,922,000 | 22,610,000 | 5,311,000 | 1,851,000 | 1,973,000 | 1,790,000 | 2,288,000 | 5,058,000 | 4,921,000 |
| Operating Profit | 12,520,000 | 16,451,000 | 8,743,000 | 7,495,000 | 7,460,000 | 3,560,000 | 3,281,000 | 3,165,000 | 3,112,000 | 1,367,000 | 1,229,000 | 721,000 | 65,000 | -304,000 | 250,000 |
| Interest Payable | 6,379,000 | 3,703,000 | 627,000 | 368,000 | 377,000 | 3,369,000 | 1,000 | 6,000 | 70,000 | 96,000 | 177,000 | ||||
| Interest Receivable | 312,000 | 59,000 | 18,000 | 149,000 | 228,000 | 551,000 | 438,000 | 158,000 | 2,000 | 1,000 | 1,000 | 1,000 | 1,000 | ||
| Pre-Tax Profit | 6,453,000 | 12,807,000 | 8,134,000 | 7,276,000 | 7,311,000 | 4,108,000 | 3,719,000 | 3,323,000 | 2,782,000 | 1,141,000 | 1,224,000 | 493,000 | -19,000 | -403,000 | 65,000 |
| Tax | -1,573,000 | -1,847,000 | -1,541,000 | -1,327,000 | -1,560,000 | -555,000 | -454,000 | -310,000 | -305,000 | -248,000 | -340,000 | -1,166,000 | 429,000 | 113,000 | -1,507,000 |
| Profit After Tax | 4,880,000 | 10,960,000 | 6,593,000 | 5,949,000 | 5,751,000 | 3,553,000 | 3,265,000 | 3,013,000 | 2,477,000 | 893,000 | 884,000 | -673,000 | 410,000 | -290,000 | -1,442,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 4,880,000 | 10,960,000 | 6,593,000 | 5,949,000 | 5,751,000 | 3,553,000 | 3,265,000 | 3,013,000 | 2,477,000 | 893,000 | 884,000 | -673,000 | 410,000 | -290,000 | -1,442,000 |
| Employee Costs | 5,907,000 | 6,190,000 | 4,679,000 | 4,445,000 | 3,842,000 | ||||||||||
| Number Of Employees | 59 | 55 | 50 | 50 | 51 | ||||||||||
| EBITDA* | 12,903,000 | 59,039,000 | 45,659,000 | 44,353,000 | 37,733,000 | 24,755,000 | 22,691,000 | 23,103,000 | 3,112,000 | 1,367,000 | 1,229,000 | 721,000 | 65,000 | -304,000 | 250,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,933,000 | 2,083,000 | 114,921,000 | 104,272,000 | 109,051,000 | ||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 148,899,000 | 134,443,000 | 21,892,000 | 25,900,000 | 33,492,000 | 33,547,000 | 24,601,000 | 14,511,000 | 14,377,000 | 12,640,000 | 10,552,000 | 8,114,000 | 8,149,000 | 9,554,000 | 10,398,000 |
| Debtors (Due After 1 year) | 2,616,000 | 2,732,000 | 1,319,000 | 1,233,000 | 1,299,000 | ||||||||||
| Total Fixed Assets | 153,448,000 | 139,258,000 | 138,132,000 | 131,405,000 | 143,842,000 | 33,547,000 | 24,601,000 | 14,511,000 | 14,377,000 | 12,640,000 | 10,552,000 | 8,114,000 | 8,149,000 | 9,554,000 | 10,398,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 14,351,000 | 11,879,000 | 10,694,000 | 11,960,000 | 11,169,000 | 11,267,000 | 9,066,000 | 8,745,000 | 9,099,000 | 8,513,000 | 6,339,000 | 3,926,000 | 4,140,000 | 3,557,000 | 4,596,000 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 1,151,000 | 986,000 | 1,242,000 | 5,315,000 | 4,178,000 | 1,282,000 | 1,036,000 | 916,000 | 921,000 | 922,000 | 1,261,000 | 2,093,000 | 3,264,000 | 2,959,000 | 2,508,000 |
| Cash | 10,336,000 | 29,543,000 | 18,742,000 | 9,858,000 | 11,729,000 | 3,353,000 | 1,619,000 | 15,217,000 | 2,101,000 | 684,000 | 348,000 | 212,000 | 65,000 | 11,000 | 23,000 |
| misc current assets | 21,751,000 | 16,826,000 | 18,332,000 | 20,629,000 | 27,036,000 | 26,265,000 | 28,242,000 | 11,108,000 | 12,722,000 | 5,120,000 | 4,971,000 | 5,536,000 | 4,804,000 | 4,279,000 | 4,376,000 |
| total current assets | 47,589,000 | 59,234,000 | 49,010,000 | 47,762,000 | 54,112,000 | 42,167,000 | 39,963,000 | 35,986,000 | 24,843,000 | 15,239,000 | 12,919,000 | 11,767,000 | 12,273,000 | 10,806,000 | 11,503,000 |
| total assets | 201,037,000 | 198,492,000 | 187,142,000 | 179,167,000 | 197,954,000 | 75,714,000 | 64,564,000 | 50,497,000 | 39,220,000 | 27,879,000 | 23,471,000 | 19,881,000 | 20,422,000 | 20,360,000 | 21,901,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | 11,991,000 | 9,129,000 | 10,000,000 | 5,000,000 | |||||||||||
| Trade Creditors | 3,925,000 | 4,125,000 | 3,556,000 | 5,241,000 | 4,197,000 | ||||||||||
| Group/Directors Accounts | 9,625,000 | 18,125,000 | 30,656,000 | 25,000,000 | 26,035,000 | 27,092,000 | 19,619,000 | 20,285,000 | 19,917,000 | 21,440,000 | 17,975,000 | 16,480,000 | |||
| other short term finances | |||||||||||||||
| hp & lease commitments | 40,226,000 | 38,084,000 | 42,104,000 | 44,585,000 | 53,371,000 | 26,337,000 | 25,422,000 | 14,215,000 | 4,514,000 | 4,644,000 | 2,768,000 | 1,903,000 | 1,080,000 | 2,300,000 | |
| other current liabilities | 26,188,000 | 23,967,000 | 24,406,000 | 22,195,000 | 22,947,000 | 14,195,000 | 13,169,000 | 12,539,000 | 12,919,000 | 11,398,000 | 9,093,000 | 7,620,000 | 7,868,000 | 10,601,000 | 12,127,000 |
| total current liabilities | 91,955,000 | 93,430,000 | 80,066,000 | 77,021,000 | 80,515,000 | 71,188,000 | 63,591,000 | 52,789,000 | 44,525,000 | 35,661,000 | 32,146,000 | 29,440,000 | 29,308,000 | 29,656,000 | 30,907,000 |
| loans | 20,320,000 | 22,195,000 | 38,717,000 | 29,660,000 | 34,598,000 | ||||||||||
| hp & lease commitments | 51,235,000 | 50,220,000 | 44,735,000 | 55,455,000 | 71,759,000 | ||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 71,555,000 | 72,415,000 | 83,452,000 | 85,115,000 | 106,357,000 | ||||||||||
| total liabilities | 163,510,000 | 165,845,000 | 163,518,000 | 162,136,000 | 186,872,000 | 71,188,000 | 63,591,000 | 52,789,000 | 44,525,000 | 35,661,000 | 32,146,000 | 29,440,000 | 29,308,000 | 29,656,000 | 30,907,000 |
| net assets | 37,527,000 | 32,647,000 | 23,624,000 | 17,031,000 | 11,082,000 | 4,526,000 | 973,000 | -2,292,000 | -5,305,000 | -7,782,000 | -8,675,000 | -9,559,000 | -8,886,000 | -9,296,000 | -9,006,000 |
| total shareholders funds | 37,527,000 | 32,647,000 | 23,624,000 | 17,031,000 | 11,082,000 | 4,526,000 | 973,000 | -2,292,000 | -5,305,000 | -7,782,000 | -8,675,000 | -9,559,000 | -8,886,000 | -9,296,000 | -9,006,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 12,520,000 | 16,451,000 | 8,743,000 | 7,495,000 | 7,460,000 | 3,560,000 | 3,281,000 | 3,165,000 | 3,112,000 | 1,367,000 | 1,229,000 | 721,000 | 65,000 | -304,000 | 250,000 |
| Depreciation | 383,000 | 42,588,000 | 36,916,000 | 36,858,000 | 30,273,000 | 21,195,000 | 19,410,000 | 19,938,000 | |||||||
| Amortisation | |||||||||||||||
| Tax | -1,573,000 | -1,847,000 | -1,541,000 | -1,327,000 | -1,560,000 | -555,000 | -454,000 | -310,000 | -305,000 | -248,000 | -340,000 | -1,166,000 | 429,000 | 113,000 | -1,507,000 |
| Stock | |||||||||||||||
| Debtors | 2,521,000 | 2,342,000 | -5,253,000 | 1,862,000 | 4,097,000 | 2,447,000 | 441,000 | -359,000 | 585,000 | 1,835,000 | 1,581,000 | -1,385,000 | 888,000 | -588,000 | 7,104,000 |
| Creditors | -200,000 | 569,000 | -1,685,000 | 1,044,000 | 4,197,000 | ||||||||||
| Accruals and Deferred Income | 2,221,000 | -439,000 | 2,211,000 | -752,000 | 8,752,000 | 1,026,000 | 630,000 | -380,000 | 1,521,000 | 2,305,000 | 1,473,000 | -248,000 | -2,733,000 | -1,526,000 | 12,127,000 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 10,830,000 | 54,980,000 | 49,897,000 | 41,456,000 | 45,025,000 | 22,779,000 | 22,426,000 | 22,772,000 | 3,743,000 | 1,589,000 | 781,000 | 692,000 | -3,127,000 | -1,129,000 | 3,766,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 14,456,000 | 112,551,000 | -4,008,000 | -7,592,000 | -55,000 | 8,946,000 | 10,090,000 | 134,000 | 1,737,000 | 2,088,000 | 2,438,000 | -35,000 | -1,405,000 | -844,000 | 10,398,000 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 2,862,000 | -871,000 | 5,000,000 | 5,000,000 | |||||||||||
| Group/Directors Accounts | -8,500,000 | 18,125,000 | -30,656,000 | 5,656,000 | -1,035,000 | -1,057,000 | 7,473,000 | -666,000 | 368,000 | -1,523,000 | 3,465,000 | 1,495,000 | 16,480,000 | ||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -1,875,000 | -16,522,000 | 9,057,000 | -4,938,000 | 34,598,000 | ||||||||||
| Hire Purchase and Lease Commitments | 3,157,000 | 1,465,000 | -13,201,000 | -25,090,000 | 98,793,000 | 915,000 | 11,207,000 | 9,701,000 | -130,000 | 1,876,000 | 865,000 | 1,903,000 | -1,080,000 | -1,220,000 | 2,300,000 |
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -6,067,000 | -3,644,000 | -609,000 | -219,000 | -149,000 | 551,000 | 438,000 | 158,000 | -3,367,000 | 1,000 | -5,000 | -69,000 | -96,000 | -177,000 | |
| cash flow from financing | -10,423,000 | -3,384,000 | 247,000 | -25,247,000 | 103,391,000 | 7,122,000 | 10,610,000 | 8,802,000 | 3,976,000 | 1,210,000 | 1,234,000 | 375,000 | 2,316,000 | 179,000 | 11,039,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -19,207,000 | 10,801,000 | 8,884,000 | -1,871,000 | 8,376,000 | 1,734,000 | -13,598,000 | 13,116,000 | 1,417,000 | 336,000 | 136,000 | 147,000 | 54,000 | -12,000 | 23,000 |
| overdraft | |||||||||||||||
| change in cash | -19,207,000 | 10,801,000 | 8,884,000 | -1,871,000 | 8,376,000 | 1,734,000 | -13,598,000 | 13,116,000 | 1,417,000 | 336,000 | 136,000 | 147,000 | 54,000 | -12,000 | 23,000 |
chg-meridian uk limited Credit Report and Business Information
Chg-meridian Uk Limited Competitor Analysis
Perform a competitor analysis for chg-meridian uk limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in TW20 area or any other competitors across 12 key performance metrics.
chg-meridian uk limited Ownership
CHG-MERIDIAN UK LIMITED group structure
Chg-Meridian Uk Limited has no subsidiary companies.
Ultimate parent company
CHG-MERIDIAN AG
#0081939
2 parents
CHG-MERIDIAN UK LIMITED
01276016
chg-meridian uk limited directors
Chg-Meridian Uk Limited currently has 3 directors. The longest serving directors include Dr Mathias Wagner (Mar 2014) and Mr Declan McGlone (Jan 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Mathias Wagner | England | 53 years | Mar 2014 | - | Director |
| Mr Declan McGlone | United Kingdom | 59 years | Jan 2017 | - | Director |
| Mr Simon Young | United Kingdom | 48 years | Nov 2018 | - | Director |
P&L
December 2023turnover
70.2m
-20%
operating profit
12.5m
-24%
gross margin
24.3%
+8.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
37.5m
+0.15%
total assets
201m
+0.01%
cash
10.3m
-0.65%
net assets
Total assets minus all liabilities
chg-meridian uk limited company details
company number
01276016
Type
Private limited with Share Capital
industry
64910 - Financial leasing
incorporation date
September 1976
age
49
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
chg-meridian computer leasing uk limited (April 2019)
el camino (leasing) limited (October 2001)
See moreaccountant
-
auditor
BDO LLP
address
65 high street, egham, TW20 9EY
Bank
BARCLAYS BANK PLC
Legal Advisor
-
chg-meridian uk limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 2951 charges/mortgages relating to chg-meridian uk limited. Currently there are 1374 open charges and 1577 have been satisfied in the past.
chg-meridian uk limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for CHG-MERIDIAN UK LIMITED. This can take several minutes, an email will notify you when this has completed.
chg-meridian uk limited Companies House Filings - See Documents
| date | description | view/download |
|---|
