meiko uk limited
meiko uk limited Company Information
Company Number
02846559
Next Accounts
Sep 2025
Shareholders
meiko anglo-american gmbh
Group Structure
View All
Industry
Installation of industrial machinery and equipment
Registered Address
393 edinburgh avenue, slough, berkshire, SL1 4UF
Website
www.meiko-uk.co.ukmeiko uk limited Estimated Valuation
Pomanda estimates the enterprise value of MEIKO UK LIMITED at £20.6m based on a Turnover of £21.4m and 0.96x industry multiple (adjusted for size and gross margin).
meiko uk limited Estimated Valuation
Pomanda estimates the enterprise value of MEIKO UK LIMITED at £14m based on an EBITDA of £1.6m and a 8.69x industry multiple (adjusted for size and gross margin).
meiko uk limited Estimated Valuation
Pomanda estimates the enterprise value of MEIKO UK LIMITED at £10.4m based on Net Assets of £4.4m and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Meiko Uk Limited Overview
Meiko Uk Limited is a live company located in berkshire, SL1 4UF with a Companies House number of 02846559. It operates in the installation of industrial machinery and equipment sector, SIC Code 33200. Founded in August 1993, it's largest shareholder is meiko anglo-american gmbh with a 100% stake. Meiko Uk Limited is a mature, large sized company, Pomanda has estimated its turnover at £21.4m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Meiko Uk Limited Health Check
Pomanda's financial health check has awarded Meiko Uk Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £21.4m, make it larger than the average company (£11.1m)
£21.4m - Meiko Uk Limited
£11.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (6.9%)
21% - Meiko Uk Limited
6.9% - Industry AVG
Production
with a gross margin of 45%, this company has a lower cost of product (28.6%)
45% - Meiko Uk Limited
28.6% - Industry AVG
Profitability
an operating margin of 5.1% make it more profitable than the average company (3.9%)
5.1% - Meiko Uk Limited
3.9% - Industry AVG
Employees
with 98 employees, this is above the industry average (46)
98 - Meiko Uk Limited
46 - Industry AVG
Pay Structure
on an average salary of £57.5k, the company has an equivalent pay structure (£52.7k)
£57.5k - Meiko Uk Limited
£52.7k - Industry AVG
Efficiency
resulting in sales per employee of £218.6k, this is equally as efficient (£219k)
£218.6k - Meiko Uk Limited
£219k - Industry AVG
Debtor Days
it gets paid by customers after 63 days, this is near the average (65 days)
63 days - Meiko Uk Limited
65 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (36 days)
5 days - Meiko Uk Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 132 days, this is more than average (46 days)
132 days - Meiko Uk Limited
46 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (10 weeks)
25 weeks - Meiko Uk Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.9%, this is a higher level of debt than the average (61.7%)
68.9% - Meiko Uk Limited
61.7% - Industry AVG
MEIKO UK LIMITED financials
Meiko Uk Limited's latest turnover from December 2023 is £21.4 million and the company has net assets of £4.4 million. According to their latest financial statements, Meiko Uk Limited has 98 employees and maintains cash reserves of £4.1 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 | 21,425,125 | 20,026,642 | 13,391,629 | 12,166,707 | 19,412,786 | 19,050,002 | 18,323,267 | 17,191,230 | 16,641,087 | 15,611,794 | 13,692,785 | 16,318,793 | 14,727,806 | 12,104,558 | 10,598,837 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 11,782,223 | 10,640,072 | 7,090,664 | 6,372,159 | 11,285,791 | 11,349,429 | 11,323,964 | 10,005,410 | 9,136,591 | 9,359,542 | 8,414,406 | 10,156,808 | 9,548,905 | 7,186,296 | 6,332,538 |
| Gross Profit | 9,642,902 | 9,386,570 | 6,300,965 | 5,794,548 | 8,126,995 | 7,700,573 | 6,999,303 | 7,185,820 | 7,504,496 | 6,252,252 | 5,278,379 | 6,161,985 | 5,178,901 | 4,918,262 | 4,266,299 |
| Admin Expenses | 8,552,310 | 8,151,668 | 5,609,866 | 6,773,848 | 7,304,355 | 7,630,981 | 7,703,721 | 6,903,444 | 6,202,951 | 5,721,500 | 5,537,916 | 5,131,317 | 5,202,910 | 4,816,196 | 3,832,203 |
| Operating Profit | 1,090,592 | 1,234,902 | 691,099 | -979,300 | 822,640 | 69,592 | -704,418 | 282,376 | 1,301,545 | 530,752 | -259,537 | 1,030,668 | -24,009 | 102,066 | 434,096 |
| Interest Payable | 47,291 | 50,450 | 2,125 | 3,333 | 16,811 | 23,170 | 22,820 | 24,094 | 23,367 | 28,216 | |||||
| Interest Receivable | 46,744 | 207 | 40 | 90 | 72 | 6,173 | 4,160 | 3,966 | 3,684 | 7,215 | 2,928 | 4,617 | 13,218 | 8,611 | |
| Pre-Tax Profit | 1,137,336 | 1,187,818 | 640,649 | -981,385 | 822,730 | 69,664 | -698,245 | 286,536 | 1,302,178 | 517,625 | -275,492 | 1,010,776 | -43,486 | 91,917 | 414,491 |
| Tax | -280,559 | -225,009 | -238,010 | 266,833 | -159,461 | -18,913 | 120,747 | -59,549 | -269,097 | -122,413 | 54,178 | -258,950 | -5,441 | -38,157 | -55,919 |
| Profit After Tax | 856,777 | 962,809 | 402,639 | -714,552 | 663,269 | 50,751 | -577,498 | 226,987 | 1,033,081 | 395,212 | -221,314 | 751,826 | -48,927 | 53,760 | 358,572 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 856,777 | 962,809 | 402,639 | -714,552 | 663,269 | 50,751 | -577,498 | 226,987 | 1,033,081 | 395,212 | -221,314 | 751,826 | -48,927 | 53,760 | 358,572 |
| Employee Costs | 5,634,591 | 5,020,711 | 4,156,270 | 5,001,729 | 5,001,984 | 5,107,090 | 4,873,126 | 4,480,025 | 4,345,963 | 4,006,539 | 3,689,139 | 3,405,953 | 3,344,930 | 3,058,761 | 2,954,843 |
| Number Of Employees | 98 | 86 | 84 | 91 | 99 | 98 | 96 | 91 | 85 | 81 | 79 | 76 | 68 | 74 | 73 |
| EBITDA* | 1,612,834 | 1,640,155 | 1,092,538 | -506,561 | 1,288,034 | 528,366 | -285,662 | 689,645 | 1,716,328 | 876,356 | 59,156 | 1,336,536 | 206,973 | 344,752 | 658,950 |
* 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 | 1,607,526 | 1,107,873 | 666,319 | 754,603 | 909,917 | 927,704 | 1,078,732 | 914,156 | 843,934 | 792,792 | 729,035 | 833,938 | 617,185 | 503,967 | 625,212 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 46,066 | 44,877 | |||||||||||||
| Total Fixed Assets | 1,607,526 | 1,107,873 | 666,319 | 754,603 | 909,917 | 927,704 | 1,078,732 | 914,156 | 843,934 | 792,792 | 729,035 | 833,938 | 617,185 | 550,033 | 670,089 |
| Stock & work in progress | 4,263,852 | 3,195,558 | 2,771,056 | 3,406,848 | 3,258,334 | 2,486,727 | 2,028,215 | 1,730,877 | 1,694,443 | 1,688,881 | 1,450,443 | 2,256,385 | 1,845,819 | 1,400,912 | 1,332,848 |
| Trade Debtors | 3,709,949 | 3,356,796 | 3,344,985 | 2,693,730 | 3,332,217 | 3,555,670 | 3,166,189 | 2,570,024 | 3,087,479 | 2,772,701 | 2,967,486 | 2,208,228 | 3,460,803 | 2,542,363 | 2,014,979 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 335,467 | 227,531 | 278,195 | 381,999 | 275,226 | 285,617 | 378,305 | 422,224 | 421,363 | 320,970 | 514,093 | 359,076 | 310,086 | 219,860 | 335,023 |
| Cash | 4,116,060 | 6,965,497 | 4,207,049 | 4,736,331 | 2,110,095 | 2,056,624 | 2,280,149 | 4,571,568 | 1,542,849 | 1,603,743 | 1,973,664 | 1,025,214 | 1,489,984 | 1,620,492 | 1,392,286 |
| misc current assets | |||||||||||||||
| total current assets | 12,425,328 | 13,745,382 | 10,601,285 | 11,218,908 | 8,975,872 | 8,384,638 | 7,852,858 | 9,294,693 | 6,746,134 | 6,386,295 | 6,905,686 | 5,848,903 | 7,106,692 | 5,783,627 | 5,075,136 |
| total assets | 14,032,854 | 14,853,255 | 11,267,604 | 11,973,511 | 9,885,789 | 9,312,342 | 8,931,590 | 10,208,849 | 7,590,068 | 7,179,087 | 7,634,721 | 6,682,841 | 7,723,877 | 6,333,660 | 5,745,225 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 185,293 | 94,291 | 200,349 | 135,631 | 267,585 | 255,858 | 303,706 | 329,295 | 254,887 | 162,108 | 254,333 | 198,688 | 309,862 | 508,076 | 240,500 |
| Group/Directors Accounts | 5,419,513 | 7,960,415 | 2,939,889 | 4,954,899 | 3,772,112 | 3,731,555 | 3,588,829 | 4,632,272 | 2,253,953 | 3,429,512 | 4,104,603 | 3,189,476 | 4,720,457 | 3,325,977 | 3,269,067 |
| other short term finances | 26,417 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,953,727 | 2,427,248 | 2,742,635 | 1,888,222 | 1,802,871 | 2,243,348 | 2,051,603 | 1,785,192 | 1,915,924 | 1,670,745 | 1,349,118 | 1,208,647 | 1,334,020 | 1,160,140 | 915,569 |
| total current liabilities | 8,558,533 | 10,481,954 | 5,882,873 | 6,978,752 | 5,842,568 | 6,230,761 | 5,970,555 | 6,746,759 | 4,424,764 | 5,262,365 | 5,708,054 | 4,596,811 | 6,364,339 | 4,994,193 | 4,425,136 |
| loans | 2,574,904 | 2,684,250 | 581,589 | 569,059 | 584,063 | 599,777 | 620,457 | ||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 577,547 | 462,335 | 615,081 | 578,238 | 515,460 | 441,040 | 278,059 | 154,485 | 70,455 | 67,458 | 68,977 | 83,256 | |||
| other liabilities | 845,308 | ||||||||||||||
| provisions | 537,263 | 406,232 | 269,902 | 173,223 | 346,075 | 277,931 | 244,979 | 231,314 | 235,935 | 183,415 | 130,556 | 165,165 | 178,492 | 92,261 | 91,684 |
| total long term liabilities | 1,114,810 | 868,567 | 2,844,806 | 2,857,473 | 1,191,383 | 893,012 | 823,217 | 746,774 | 676,975 | 461,474 | 866,630 | 804,679 | 830,013 | 761,015 | 795,397 |
| total liabilities | 9,673,343 | 11,350,521 | 8,727,679 | 9,836,225 | 7,033,951 | 7,123,773 | 6,793,772 | 7,493,533 | 5,101,739 | 5,723,839 | 6,574,684 | 5,401,490 | 7,194,352 | 5,755,208 | 5,220,533 |
| net assets | 4,359,511 | 3,502,734 | 2,539,925 | 2,137,286 | 2,851,838 | 2,188,569 | 2,137,818 | 2,715,316 | 2,488,329 | 1,455,248 | 1,060,037 | 1,281,351 | 529,525 | 578,452 | 524,692 |
| total shareholders funds | 4,359,511 | 3,502,734 | 2,539,925 | 2,137,286 | 2,851,838 | 2,188,569 | 2,137,818 | 2,715,316 | 2,488,329 | 1,455,248 | 1,060,037 | 1,281,351 | 529,525 | 578,452 | 524,692 |
| 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 | 1,090,592 | 1,234,902 | 691,099 | -979,300 | 822,640 | 69,592 | -704,418 | 282,376 | 1,301,545 | 530,752 | -259,537 | 1,030,668 | -24,009 | 102,066 | 434,096 |
| Depreciation | 522,242 | 405,253 | 401,439 | 472,739 | 465,394 | 458,774 | 418,756 | 407,269 | 414,783 | 345,604 | 318,693 | 305,868 | 230,982 | 242,686 | 224,854 |
| Amortisation | |||||||||||||||
| Tax | -280,559 | -225,009 | -238,010 | 266,833 | -159,461 | -18,913 | 120,747 | -59,549 | -269,097 | -122,413 | 54,178 | -258,950 | -5,441 | -38,157 | -55,919 |
| Stock | 1,068,294 | 424,502 | -635,792 | 148,514 | 771,607 | 458,512 | 297,338 | 36,434 | 5,562 | 238,438 | -805,942 | 410,566 | 444,907 | 68,064 | 1,332,848 |
| Debtors | 461,089 | -38,853 | 547,451 | -531,714 | -233,844 | 296,793 | 552,246 | -516,594 | 415,171 | -387,908 | 914,275 | -1,203,585 | 962,600 | 413,410 | 2,394,879 |
| Creditors | 91,002 | -106,058 | 64,718 | -131,954 | 11,727 | -47,848 | -25,589 | 74,408 | 92,779 | -92,225 | 55,645 | -111,174 | -198,214 | 267,576 | 240,500 |
| Accruals and Deferred Income | 641,691 | 146,948 | 854,413 | 85,351 | -1,055,558 | 228,588 | 329,189 | -56,312 | 408,160 | 445,201 | 224,501 | -122,376 | 172,361 | 230,292 | 998,825 |
| Deferred Taxes & Provisions | 131,031 | 136,330 | 96,679 | -172,852 | 68,144 | 32,952 | 13,665 | -4,621 | 52,520 | 52,859 | -34,609 | -13,327 | 86,231 | 577 | 91,684 |
| Cash flow from operations | 666,616 | 1,206,717 | 1,958,679 | -75,983 | -384,877 | -32,160 | -697,234 | 1,123,731 | 1,579,957 | 1,309,248 | 250,538 | 1,623,728 | -1,145,597 | 323,566 | -1,793,687 |
| Investing Activities | |||||||||||||||
| capital expenditure | -271,459 | -552,876 | -454,099 | -446,771 | -63,758 | -194,268 | -442,802 | -360,548 | -114,214 | -275,572 | |||||
| Change in Investments | |||||||||||||||
| cash flow from investments | -271,459 | -552,876 | -454,099 | -446,771 | -63,758 | -194,268 | -442,802 | -360,548 | -114,214 | -275,572 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -2,540,902 | 5,020,526 | -2,015,010 | 1,182,787 | 40,557 | 142,726 | -1,043,443 | 2,378,319 | -1,175,559 | -675,091 | 915,127 | -1,530,981 | 1,394,480 | 56,910 | 3,269,067 |
| Other Short Term Loans | -26,417 | 26,417 | |||||||||||||
| Long term loans | -2,574,904 | -109,346 | 2,684,250 | -581,589 | 12,530 | -15,004 | -15,714 | -20,680 | 620,457 | ||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -845,308 | 845,308 | |||||||||||||
| share issue | |||||||||||||||
| interest | 46,744 | -47,084 | -50,450 | -2,085 | 90 | 72 | 6,173 | 4,160 | 633 | -13,127 | -15,955 | -19,892 | -19,477 | -10,149 | -19,605 |
| cash flow from financing | -2,494,158 | 2,398,538 | -2,174,806 | 3,019,644 | 885,955 | 116,381 | -1,010,853 | 2,382,479 | -1,174,926 | -1,269,808 | 911,702 | -1,565,877 | 1,359,289 | 26,081 | 4,036,039 |
| cash and cash equivalents | |||||||||||||||
| cash | -2,849,437 | 2,758,448 | -529,282 | 2,626,236 | 53,471 | -223,525 | -2,291,419 | 3,028,719 | -60,894 | -369,921 | 948,450 | -464,770 | -130,508 | 228,206 | 1,392,286 |
| overdraft | |||||||||||||||
| change in cash | -2,849,437 | 2,758,448 | -529,282 | 2,626,236 | 53,471 | -223,525 | -2,291,419 | 3,028,719 | -60,894 | -369,921 | 948,450 | -464,770 | -130,508 | 228,206 | 1,392,286 |
meiko uk limited Credit Report and Business Information
Meiko Uk Limited Competitor Analysis
Perform a competitor analysis for meiko uk limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in SL1 area or any other competitors across 12 key performance metrics.
meiko uk limited Ownership
MEIKO UK LIMITED group structure
Meiko Uk Limited has no subsidiary companies.
Ultimate parent company
OSKAR UND ROSEL MEIER-STIFTUNG FOUNDATIO
#0068340
MEIKO ANGLO-AMERICAN GMBH
#0031905
2 parents
MEIKO UK LIMITED
02846559
meiko uk limited directors
Meiko Uk Limited currently has 3 directors. The longest serving directors include Mr Paul Anderson (Mar 2017) and Mr Michael Waghorn (Oct 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Anderson | England | 57 years | Mar 2017 | - | Director |
| Mr Michael Waghorn | 53 years | Oct 2022 | - | Director | |
| Mr Peter Vohmann | 51 years | Nov 2024 | - | Director |
P&L
December 2023turnover
21.4m
+7%
operating profit
1.1m
-12%
gross margin
45.1%
-3.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.4m
+0.24%
total assets
14m
-0.06%
cash
4.1m
-0.41%
net assets
Total assets minus all liabilities
meiko uk limited company details
company number
02846559
Type
Private limited with Share Capital
industry
33200 - Installation of industrial machinery and equipment
incorporation date
August 1993
age
32
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
typedaily services limited (September 1993)
accountant
-
auditor
AZETS AUDIT SERVICES
address
393 edinburgh avenue, slough, berkshire, SL1 4UF
Bank
HSBC BANK PLC
Legal Advisor
-
meiko 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 3 charges/mortgages relating to meiko uk limited. Currently there are 3 open charges and 0 have been satisfied in the past.
meiko 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 MEIKO UK LIMITED. This can take several minutes, an email will notify you when this has completed.
meiko uk limited Companies House Filings - See Documents
| date | description | view/download |
|---|
