meridian residential developments limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MERIDIAN RESIDENTIAL DEVELOPMENTS LIMITED at £0 based on a Turnover of £0 and 2.98x industry multiple (adjusted for size and gross margin).
meridian residential developments limitedEstimated Valuation
£570.6k
Pomanda estimates the enterprise value of MERIDIAN RESIDENTIAL DEVELOPMENTS LIMITED at £570.6k based on an EBITDA of £89.4k and a 6.38x industry multiple (adjusted for size and gross margin).
meridian residential developments limitedEstimated Valuation
£17.7m
Pomanda estimates the enterprise value of MERIDIAN RESIDENTIAL DEVELOPMENTS LIMITED at £17.7m based on Net Assets of £11.2m and 1.58x industry multiple (adjusted for liquidity).
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Meridian Residential Developments LimitedOverview
Meridian Residential Developments Limited is a live company located in hounslow, TW6 2SF with a Companies House number of 08335405. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in December 2012, it's largest shareholder is
arora hotels limited
with a 100% stake. Meridian Residential Developments Limited is a established,
unknown sized company, Pomanda has estimated its turnover at
£0 with
declining
growth in recent years.
Meridian Residential Developments Limited Health Check
Pomanda's financial health check has awarded Meridian Residential Developments Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
0 Regular
3 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Meridian Residential Developments Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (3.1%)
- - Meridian Residential Developments Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Meridian Residential Developments Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Meridian Residential Developments Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- - Meridian Residential Developments Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- - Meridian Residential Developments Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- - Meridian Residential Developments Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Meridian Residential Developments Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Meridian Residential Developments Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Meridian Residential Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (7 weeks)
- - Meridian Residential Developments Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.9%, this is a lower level of debt than the average (63.4%)
- - Meridian Residential Developments Limited
- - Industry AVG
MERIDIAN RESIDENTIAL DEVELOPMENTS LIMITED financials
EXPORT
Meridian Residential Developments Limited's latest turnover from March 2024 is 0 and the company has net assets of £11.2 million. According to their latest financial statements, we estimate that Meridian Residential Developments Limited has 1 employee and maintains cash reserves of £4.9 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Turnover
7,250,000
20,000,001
60,000
12,450,820
47,238,171
Other Income Or Grants
Cost Of Sales
1,947,751
7,547,047
18,591
5,585,258
20,300,109
Gross Profit
5,302,249
12,452,954
41,409
6,865,562
26,938,062
Admin Expenses
-89,437
246,685
21,116
102,520
152,664
136,142
235,940
500,504
-224,111
25,603
611,964
Operating Profit
89,437
-246,685
5,281,133
12,350,434
-152,664
-94,733
6,629,622
26,437,558
224,111
-25,603
-611,964
Interest Payable
112
710
334,683
868,753
615,378
226,945
Interest Receivable
4
12
93
907
4,883
100
154
142
Pre-Tax Profit
89,437
-246,685
5,281,021
12,349,728
-152,652
-94,640
6,630,529
26,107,758
-644,542
-640,827
-838,767
Tax
488
44,909
-2,398,421
-426,823
1,284,321
121,757
Profit After Tax
89,925
-246,685
5,281,021
12,349,728
-152,652
-49,731
4,232,108
25,680,935
639,779
-519,070
-838,767
Dividends Paid
16,062,391
Retained Profit
89,925
-246,685
5,281,021
12,349,728
-152,652
-49,731
4,232,108
9,618,544
639,779
-519,070
-838,767
Employee Costs
107,806
25,801
Number Of Employees
1
1
36
101
1
1
5
4
1
1
1
EBITDA*
89,437
-246,685
5,281,133
12,350,434
-152,664
-94,733
6,629,622
26,437,558
224,111
-25,603
-611,964
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
2,187,751
9,722,798
9,722,798
9,722,798
15,308,056
33,168,261
22,252,566
11,212,015
Trade Debtors
4,048
99,389
42,229
69,069
98,506
99,746
128,056
Group Debtors
11,310,090
11,214,331
10,967,005
39,787,785
20,317,806
22,069,798
24,599,894
14,636,839
12,566,914
2,182,722
2,125,416
Misc Debtors
1,200
373,841
296,195
301,873
298,883
292,447
2,454,099
5,324,903
2,627,338
Cash
4,866
13,483
5,037
61,728
34,762
3,719
147,835
84,700
44,408
56,585
345,862
misc current assets
total current assets
11,319,004
11,229,014
11,445,272
42,375,688
30,446,308
32,193,704
34,862,720
32,611,750
45,779,583
29,816,776
16,310,631
total assets
11,319,004
11,229,014
11,445,272
42,375,688
30,446,308
32,193,704
34,862,720
32,611,750
45,779,583
29,816,776
16,310,631
Bank overdraft
13,430,271
Bank loan
1,050,561
Trade Creditors
19,692
2,460
1,467
3,756
27,585
41,047
6,756
198,127
Group/Directors Accounts
41,414
41,414
41,414
6,273,117
6,672,897
8,286,742
8,538,062
8,413,848
13,688,685
12,819,932
8,916,618
other short term finances
hp & lease commitments
other current liabilities
55,358
55,293
5,174
4,600
22,708
4,600
2,370,276
4,451,799
8,519,606
6,479,332
884,722
total current liabilities
96,772
96,707
66,280
6,277,717
6,698,065
8,292,809
10,912,094
12,893,232
35,679,609
20,356,581
9,999,467
loans
hp & lease commitments
Accruals and Deferred Income
2,597,430
other liabilities
provisions
total long term liabilities
2,597,430
total liabilities
96,772
96,707
66,280
6,277,717
6,698,065
8,292,809
10,912,094
12,893,232
35,679,609
20,356,581
12,596,897
net assets
11,222,232
11,132,307
11,378,992
36,097,971
23,748,243
23,900,895
23,950,626
19,718,518
10,099,974
9,460,195
3,713,734
total shareholders funds
11,222,232
11,132,307
11,378,992
36,097,971
23,748,243
23,900,895
23,950,626
19,718,518
10,099,974
9,460,195
3,713,734
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Operating Activities
Operating Profit
89,437
-246,685
5,281,133
12,350,434
-152,664
-94,733
6,629,622
26,437,558
224,111
-25,603
-611,964
Depreciation
Amortisation
Tax
488
44,909
-2,398,421
-426,823
1,284,321
121,757
Stock
-2,187,751
-7,535,047
-5,585,258
-17,860,205
10,915,695
11,040,551
11,212,015
Debtors
98,607
-224,704
-28,685,974
19,437,461
-1,778,439
-2,524,900
7,773,093
4,652,080
5,059,289
2,754,871
4,752,754
Creditors
-19,692
19,692
-2,460
993
-2,289
-23,829
-13,462
34,291
-191,371
198,127
Accruals and Deferred Income
65
50,119
574
-18,108
18,108
-2,365,676
-2,081,523
-4,067,807
2,040,274
2,997,180
3,482,152
Deferred Taxes & Provisions
Cash flow from operations
-8,617
8,446
36,175,124
427,452
1,644,876
107,111
-61,986
35,137,591
-12,391,987
-10,893,459
-12,896,454
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
-1,050,561
1,050,561
Group/Directors Accounts
-6,231,703
-399,780
-1,613,845
-251,320
124,214
-5,274,837
868,753
3,903,314
8,916,618
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-30,000,000
6,265,531
4,552,501
interest
-112
-706
12
93
907
-329,800
-868,653
-615,224
-226,803
cash flow from financing
-36,231,815
-400,486
-1,613,833
-251,227
125,121
-5,604,637
-1,050,461
10,604,182
13,242,316
cash and cash equivalents
cash
-8,617
8,446
-56,691
26,966
31,043
-144,116
63,135
40,292
-12,177
-289,277
345,862
overdraft
-13,430,271
13,430,271
change in cash
-8,617
8,446
-56,691
26,966
31,043
-144,116
63,135
13,470,563
-13,442,448
-289,277
345,862
meridian residential developments limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for meridian residential developments limited. Get real-time insights into meridian residential developments limited's credit score, group structure and payment trends.
Meridian Residential Developments Limited Competitor Analysis
Perform a competitor analysis for meridian residential developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other established companies, companies in TW6 area or any other competitors across 12 key performance metrics.
meridian residential developments limited Ownership
MERIDIAN RESIDENTIAL DEVELOPMENTS LIMITED group structure
Meridian Residential Developments Limited has no subsidiary companies.
MERIDIAN RESIDENTIAL DEVELOPMENTS LIMITED Shareholders
The sole shareholder of Meridian Residential Developments Limited is Arora Hotels Limited.
arora hotels limited
100%
meridian residential developments limited directors
Meridian Residential Developments Limited currently has 4 directors.
The longest serving directors include
Mr Carlton Brown (Dec 2012) and
Mr Surinder Arora (Dec 2012).
meridian residential developments limited company details
company number
08335405
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
December 2012
age
13
incorporated
UK
ultimate parent company
ARORA FAMILY TRUST NO 2
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
MOORE KINGSTON SMITH LLP
address
world business centre 2, newall road, hounslow, TW6 2SF
Bank
-
Legal Advisor
-
meridian residential developments 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 1 charges/mortgages relating to meridian residential developments limited. Currently there are 0 open charges and 1 have been satisfied in the past.
meridian residential developments 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 MERIDIAN RESIDENTIAL DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
meridian residential developments limitedCompanies House Filings - See Documents
