meteoric ltd
meteoric ltd Company Information
Company Number
04962218
Next Accounts
191 days late
Directors
Shareholders
clive alan gardner
Group Structure
View All
Industry
Computer consultancy activities
+2Registered Address
new kings court tollgate, chandler's ford, eastleigh, hampshire, SO53 3LG
Website
www.meteoric.netmeteoric ltd Estimated Valuation
Pomanda estimates the enterprise value of METEORIC LTD at £135.8k based on a Turnover of £224.9k and 0.6x industry multiple (adjusted for size and gross margin).
meteoric ltd Estimated Valuation
Pomanda estimates the enterprise value of METEORIC LTD at £0 based on an EBITDA of £-18.9k and a 3.73x industry multiple (adjusted for size and gross margin).
meteoric ltd Estimated Valuation
Pomanda estimates the enterprise value of METEORIC LTD at £126.9k based on Net Assets of £54.5k and 2.33x industry multiple (adjusted for liquidity).
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Meteoric Ltd Overview
Meteoric Ltd is a live company located in eastleigh, SO53 3LG with a Companies House number of 04962218. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in November 2003, it's largest shareholder is clive alan gardner with a 100% stake. Meteoric Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £224.9k with rapid growth in recent years.
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Meteoric Ltd Health Check
Pomanda's financial health check has awarded Meteoric Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £224.9k, make it smaller than the average company (£4.3m)
- Meteoric Ltd
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 39%, show it is growing at a faster rate (4.3%)
- Meteoric Ltd
4.3% - Industry AVG
Production
with a gross margin of 28%, this company has a higher cost of product (54.3%)
- Meteoric Ltd
54.3% - Industry AVG
Profitability
an operating margin of -8.4% make it less profitable than the average company (5.8%)
- Meteoric Ltd
5.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (26)
1 - Meteoric Ltd
26 - Industry AVG
Pay Structure
on an average salary of £61.1k, the company has an equivalent pay structure (£61.1k)
- Meteoric Ltd
£61.1k - Industry AVG
Efficiency
resulting in sales per employee of £224.9k, this is more efficient (£142.7k)
- Meteoric Ltd
£142.7k - Industry AVG
Debtor Days
it gets paid by customers after 163 days, this is later than average (58 days)
- Meteoric Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 107 days, this is slower than average (35 days)
- Meteoric Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Meteoric Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Meteoric Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.6%, this is a lower level of debt than the average (59.2%)
46.6% - Meteoric Ltd
59.2% - Industry AVG
METEORIC LTD financials
Meteoric Ltd's latest turnover from November 2022 is estimated at £224.9 thousand and the company has net assets of £54.5 thousand. According to their latest financial statements, Meteoric Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 89,404 | |||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 41,505 | |||||||||||||
| Gross Profit | 47,899 | |||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 951 | |||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | 8,377 | |||||||||||||
| Tax | -2,516 | |||||||||||||
| Profit After Tax | 5,861 | |||||||||||||
| Dividends Paid | 2,940 | |||||||||||||
| Retained Profit | 2,921 | |||||||||||||
| Employee Costs | 16,334 | |||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,471 | 1,839 | 102 | 128 | 147 | 184 | 230 | 288 | 360 | 450 | 563 | 703 | 879 | 1,099 |
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 1,471 | 1,839 | 102 | 128 | 147 | 184 | 230 | 288 | 360 | 450 | 563 | 703 | 879 | 1,099 |
| Stock & work in progress | 525 | 525 | 525 | 525 | 525 | 525 | 525 | 525 | 1,620 | |||||
| Trade Debtors | 100,656 | 171,763 | 170,818 | 20,419 | 37,586 | 72,222 | 68,685 | 49,846 | 30,975 | 53,926 | 42,884 | 46,006 | 48,846 | 18,032 |
| Group Debtors | ||||||||||||||
| Misc Debtors | 108,730 | |||||||||||||
| Cash | 28,450 | 3,776 | 4,678 | 3,333 | 4,305 | 2,532 | 4,063 | 1,746 | 1,614 | |||||
| misc current assets | 94,741 | |||||||||||||
| total current assets | 100,656 | 171,763 | 170,818 | 129,149 | 132,327 | 101,197 | 72,986 | 55,049 | 34,833 | 58,756 | 45,941 | 50,594 | 51,117 | 21,266 |
| total assets | 102,127 | 173,602 | 170,920 | 129,277 | 132,474 | 101,381 | 73,216 | 55,337 | 35,193 | 59,206 | 46,504 | 51,297 | 51,996 | 22,365 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 47,587 | 100,156 | 91,384 | 65,202 | 68,435 | 59,769 | 55,971 | 43,489 | 48,470 | 43,054 | 15,600 | 37,613 | 24,919 | 8,807 |
| Group/Directors Accounts | ||||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 14,299 | 19,891 | 13,212 | |||||||||||
| total current liabilities | 47,587 | 100,156 | 91,384 | 65,202 | 68,435 | 59,769 | 55,971 | 43,489 | 48,470 | 43,054 | 29,899 | 37,613 | 44,810 | 22,019 |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 10,000 | |||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | 10,000 | |||||||||||||
| total liabilities | 47,587 | 100,156 | 101,384 | 65,202 | 68,435 | 59,769 | 55,971 | 43,489 | 48,470 | 43,054 | 29,899 | 37,613 | 44,810 | 22,019 |
| net assets | 54,540 | 73,446 | 69,536 | 64,075 | 64,039 | 41,612 | 17,245 | 11,848 | -13,277 | 16,152 | 16,605 | 13,684 | 7,186 | 346 |
| total shareholders funds | 54,540 | 73,446 | 69,536 | 64,075 | 64,039 | 41,612 | 17,245 | 11,848 | -13,277 | 16,152 | 16,605 | 13,684 | 7,186 | 346 |
| Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 46 | 72 | 90 | 113 | 140 | 176 | 220 | 275 | ||||||
| Amortisation | ||||||||||||||
| Tax | -2,516 | |||||||||||||
| Stock | -525 | -1,095 | 1,620 | |||||||||||
| Debtors | -71,107 | 945 | 41,669 | 91,563 | -34,636 | 3,537 | 18,839 | 18,871 | -22,951 | 11,042 | -3,122 | -2,840 | 30,814 | 18,032 |
| Creditors | -52,569 | 8,772 | 26,182 | -3,233 | 8,666 | 3,798 | 12,482 | -4,981 | 5,416 | 27,454 | -22,013 | 12,694 | 16,112 | 8,807 |
| Accruals and Deferred Income | -14,299 | 14,299 | -19,891 | 6,679 | 13,212 | |||||||||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | ||||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | -10,000 | 10,000 | ||||||||||||
| share issue | ||||||||||||||
| interest | -951 | |||||||||||||
| cash flow from financing | -951 | |||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -28,450 | 24,674 | -902 | 1,345 | -972 | 1,773 | -1,531 | 2,317 | 132 | 1,614 | ||||
| overdraft | ||||||||||||||
| change in cash | -28,450 | 24,674 | -902 | 1,345 | -972 | 1,773 | -1,531 | 2,317 | 132 | 1,614 |
meteoric ltd Credit Report and Business Information
Meteoric Ltd Competitor Analysis
Perform a competitor analysis for meteoric ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in SO53 area or any other competitors across 12 key performance metrics.
meteoric ltd Ownership
METEORIC LTD group structure
Meteoric Ltd has no subsidiary companies.
Ultimate parent company
METEORIC LTD
04962218
meteoric ltd directors
Meteoric Ltd currently has 1 director, Mr Clive Gardner serving since Nov 2003.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Clive Gardner | United Kingdom | 47 years | Nov 2003 | - | Director |
P&L
November 2022turnover
224.9k
-40%
operating profit
-18.9k
0%
gross margin
28%
-1.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
54.5k
-0.26%
total assets
102.1k
-0.41%
cash
0
0%
net assets
Total assets minus all liabilities
meteoric ltd company details
company number
04962218
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
62020 - Computer consultancy activities
63110 - Data processing, hosting and related activities
incorporation date
November 2003
age
22
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2022
previous names
N/A
accountant
-
auditor
-
address
new kings court tollgate, chandler's ford, eastleigh, hampshire, SO53 3LG
Bank
-
Legal Advisor
-
meteoric ltd 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 did not find charges/mortgages relating to meteoric ltd.
meteoric ltd 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.
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meteoric ltd Companies House Filings - See Documents
| date | description | view/download |
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