meridian gymnastics limited
meridian gymnastics limited Company Information
Company Number
09605025
Next Accounts
Feb 2026
Shareholders
mr kevin maurice terence bishop
mrs susan margaret robinson
Group Structure
View All
Industry
Activities of sport clubs
Registered Address
bridge house 41 wincolmlee, hull, HU2 8AG
Website
www.meridiangymnastics.co.ukmeridian gymnastics limited Estimated Valuation
Pomanda estimates the enterprise value of MERIDIAN GYMNASTICS LIMITED at £1m based on a Turnover of £901.9k and 1.14x industry multiple (adjusted for size and gross margin).
meridian gymnastics limited Estimated Valuation
Pomanda estimates the enterprise value of MERIDIAN GYMNASTICS LIMITED at £98.9k based on an EBITDA of £31.2k and a 3.16x industry multiple (adjusted for size and gross margin).
meridian gymnastics limited Estimated Valuation
Pomanda estimates the enterprise value of MERIDIAN GYMNASTICS LIMITED at £61.2k based on Net Assets of £34.5k and 1.77x industry multiple (adjusted for liquidity).
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Meridian Gymnastics Limited Overview
Meridian Gymnastics Limited is a live company located in hull, HU2 8AG with a Companies House number of 09605025. It operates in the activities of sport clubs sector, SIC Code 93120. Founded in May 2015, it's largest shareholder is mr kevin maurice terence bishop with a 70% stake. Meridian Gymnastics Limited is a established, small sized company, Pomanda has estimated its turnover at £901.9k with healthy growth in recent years.
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Meridian Gymnastics Limited Health Check
Pomanda's financial health check has awarded Meridian Gymnastics Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
2 Weak
Size
annual sales of £901.9k, make it larger than the average company (£381.8k)
- Meridian Gymnastics Limited
£381.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a slower rate (15.5%)
- Meridian Gymnastics Limited
15.5% - Industry AVG
Production
with a gross margin of 59.1%, this company has a comparable cost of product (59.1%)
- Meridian Gymnastics Limited
59.1% - Industry AVG
Profitability
an operating margin of 3.1% make it more profitable than the average company (-0.7%)
- Meridian Gymnastics Limited
-0.7% - Industry AVG
Employees
with 21 employees, this is similar to the industry average (19)
21 - Meridian Gymnastics Limited
19 - Industry AVG
Pay Structure
on an average salary of £22.2k, the company has an equivalent pay structure (£22.2k)
- Meridian Gymnastics Limited
£22.2k - Industry AVG
Efficiency
resulting in sales per employee of £42.9k, this is less efficient (£52.4k)
- Meridian Gymnastics Limited
£52.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Meridian Gymnastics Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Meridian Gymnastics Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (16 days)
- Meridian Gymnastics Limited
16 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 84 weeks, this is more cash available to meet short term requirements (60 weeks)
84 weeks - Meridian Gymnastics Limited
60 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.5%, this is a similar level of debt than the average (40.3%)
43.5% - Meridian Gymnastics Limited
40.3% - Industry AVG
MERIDIAN GYMNASTICS LIMITED financials
Meridian Gymnastics Limited's latest turnover from May 2024 is estimated at £901.9 thousand and the company has net assets of £34.5 thousand. According to their latest financial statements, Meridian Gymnastics Limited has 21 employees and maintains cash reserves of £36.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 21 | 22 | 17 | 21 | 24 | 18 | 15 | 12 | 7 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 20,076 | 17,804 | 17,402 | 20,515 | 34,942 | 41,433 | 34,186 | 35,275 | 38,260 |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 20,076 | 17,804 | 17,402 | 20,515 | 34,942 | 41,433 | 34,186 | 35,275 | 38,260 |
| Stock & work in progress | 766 | 619 | 437 | 849 | 792 | 647 | 603 | 486 | 568 |
| Trade Debtors | |||||||||
| Group Debtors | |||||||||
| Misc Debtors | 3,495 | 3,285 | 3,986 | 2,465 | 4,625 | 18,962 | 10,090 | 6,055 | 7,210 |
| Cash | 36,728 | 17,983 | 11,254 | 32,934 | 25,663 | 2,281 | 2,874 | 2,889 | 6,259 |
| misc current assets | |||||||||
| total current assets | 40,989 | 21,887 | 15,677 | 36,248 | 31,080 | 21,890 | 13,567 | 9,430 | 14,037 |
| total assets | 61,065 | 39,691 | 33,079 | 56,763 | 66,022 | 63,323 | 47,753 | 44,705 | 52,297 |
| Bank overdraft | 36,042 | 38,041 | |||||||
| Bank loan | |||||||||
| Trade Creditors | |||||||||
| Group/Directors Accounts | |||||||||
| other short term finances | 2,285 | 9,011 | 9,780 | 18,100 | 42,109 | 44,110 | 26,460 | ||
| hp & lease commitments | |||||||||
| other current liabilities | 20,444 | 14,618 | 15,200 | 17,380 | 9,967 | 7,595 | 5,234 | 1,976 | 6,040 |
| total current liabilities | 22,729 | 23,629 | 24,980 | 35,480 | 52,076 | 51,705 | 31,694 | 38,018 | 44,081 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | 3,814 | 3,383 | 3,306 | 3,898 | 6,639 | 7,872 | 6,495 | 4,725 | 3,279 |
| total long term liabilities | 3,814 | 3,383 | 3,306 | 3,898 | 6,639 | 7,872 | 6,495 | 4,725 | 3,279 |
| total liabilities | 26,543 | 27,012 | 28,286 | 39,378 | 58,715 | 59,577 | 38,189 | 42,743 | 47,360 |
| net assets | 34,522 | 12,679 | 4,793 | 17,385 | 7,307 | 3,746 | 9,564 | 1,962 | 4,937 |
| total shareholders funds | 34,522 | 12,679 | 4,793 | 17,385 | 7,307 | 3,746 | 9,564 | 1,962 | 4,937 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 2,926 | 2,876 | 3,113 | 4,089 | 6,314 | 5,900 | 6,033 | 6,361 | 3,445 |
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | 147 | 182 | -412 | 57 | 145 | 44 | 117 | -82 | 568 |
| Debtors | 210 | -701 | 1,521 | -2,160 | -14,337 | 8,872 | 4,035 | -1,155 | 7,210 |
| Creditors | |||||||||
| Accruals and Deferred Income | 5,826 | -582 | -2,180 | 7,413 | 2,372 | 2,361 | 3,258 | -4,064 | 6,040 |
| Deferred Taxes & Provisions | 431 | 77 | -592 | -2,741 | -1,233 | 1,377 | 1,770 | 1,446 | 3,279 |
| 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 | -6,726 | -769 | -8,320 | -24,009 | -2,001 | 17,650 | 26,460 | ||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 18,745 | 6,729 | -21,680 | 7,271 | 23,382 | -593 | -15 | -3,370 | 6,259 |
| overdraft | -36,042 | -1,999 | 38,041 | ||||||
| change in cash | 18,745 | 6,729 | -21,680 | 7,271 | 23,382 | -593 | 36,027 | -1,371 | -31,782 |
meridian gymnastics limited Credit Report and Business Information
Meridian Gymnastics Limited Competitor Analysis
Perform a competitor analysis for meridian gymnastics limited by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other small companies, companies in HU2 area or any other competitors across 12 key performance metrics.
meridian gymnastics limited Ownership
MERIDIAN GYMNASTICS LIMITED group structure
Meridian Gymnastics Limited has no subsidiary companies.
Ultimate parent company
MERIDIAN GYMNASTICS LIMITED
09605025
meridian gymnastics limited directors
Meridian Gymnastics Limited currently has 2 directors. The longest serving directors include Mrs Susan Robinson (May 2015) and Mr Kevin Bishop (May 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Susan Robinson | 58 years | May 2015 | - | Director | |
| Mr Kevin Bishop | United Kingdom | 71 years | May 2015 | - | Director |
P&L
May 2024turnover
901.9k
+6%
operating profit
28.3k
0%
gross margin
59.2%
-0.39%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
34.5k
+1.72%
total assets
61.1k
+0.54%
cash
36.7k
+1.04%
net assets
Total assets minus all liabilities
meridian gymnastics limited company details
company number
09605025
Type
Private limited with Share Capital
industry
93120 - Activities of sport clubs
incorporation date
May 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
bridge house 41 wincolmlee, hull, HU2 8AG
Bank
-
Legal Advisor
-
meridian gymnastics 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 did not find charges/mortgages relating to meridian gymnastics limited.
meridian gymnastics 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.
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meridian gymnastics limited Companies House Filings - See Documents
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