meldrum developments ltd
meldrum developments ltd Company Information
Company Number
09912657
Next Accounts
Sep 2025
Industry
Development of building projects
Shareholders
david meldrum
Group Structure
View All
Contact
Registered Address
pantheon building, lancaster road, gateshead, tyne and wear, NE11 9JW
Website
www.meldrumcs.commeldrum developments ltd Estimated Valuation
Pomanda estimates the enterprise value of MELDRUM DEVELOPMENTS LTD at £5.7k based on a Turnover of £10.4k and 0.55x industry multiple (adjusted for size and gross margin).
meldrum developments ltd Estimated Valuation
Pomanda estimates the enterprise value of MELDRUM DEVELOPMENTS LTD at £0 based on an EBITDA of £-4.9k and a 3.83x industry multiple (adjusted for size and gross margin).
meldrum developments ltd Estimated Valuation
Pomanda estimates the enterprise value of MELDRUM DEVELOPMENTS LTD at £0 based on Net Assets of £-299k and 1.56x industry multiple (adjusted for liquidity).
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Meldrum Developments Ltd Overview
Meldrum Developments Ltd is a live company located in gateshead, NE11 9JW with a Companies House number of 09912657. It operates in the development of building projects sector, SIC Code 41100. Founded in December 2015, it's largest shareholder is david meldrum with a 100% stake. Meldrum Developments Ltd is a young, micro sized company, Pomanda has estimated its turnover at £10.4k with unknown growth in recent years.
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Meldrum Developments Ltd Health Check
Pomanda's financial health check has awarded Meldrum Developments Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
6 Weak
Size
annual sales of £10.4k, make it smaller than the average company (£2.6m)
- Meldrum Developments Ltd
£2.6m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Meldrum Developments Ltd
- - Industry AVG
Production
with a gross margin of 26.7%, this company has a comparable cost of product (26.7%)
- Meldrum Developments Ltd
26.7% - Industry AVG
Profitability
an operating margin of -47% make it less profitable than the average company (7%)
- Meldrum Developments Ltd
7% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
- Meldrum Developments Ltd
7 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Meldrum Developments Ltd
- - Industry AVG
Efficiency
resulting in sales per employee of £10.4k, this is less efficient (£299.7k)
- Meldrum Developments Ltd
£299.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Meldrum Developments Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (31 days)
- Meldrum Developments Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Meldrum Developments Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
0 weeks - Meldrum Developments Ltd
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 247.5%, this is a higher level of debt than the average (73.2%)
247.5% - Meldrum Developments Ltd
73.2% - Industry AVG
MELDRUM DEVELOPMENTS LTD financials
Meldrum Developments Ltd's latest turnover from December 2023 is estimated at £10.4 thousand and the company has net assets of -£299 thousand. According to their latest financial statements, we estimate that Meldrum Developments Ltd has 1 employee and maintains cash reserves of £3.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | ||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | -3,463 | 511 | ||||||
| Interest Payable | 0 | 0 | ||||||
| Interest Receivable | 0 | 0 | ||||||
| Pre-Tax Profit | -3,463 | 511 | ||||||
| Tax | 0 | 0 | ||||||
| Profit After Tax | -3,463 | 511 | ||||||
| Dividends Paid | 0 | 0 | ||||||
| Retained Profit | -3,463 | 511 | ||||||
| Employee Costs | 0 | 0 | ||||||
| Number Of Employees | 2 | 2 | ||||||
| EBITDA* | -3,463 | 511 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 131,175 | 126,425 | 126,425 | 125,021 | 125,021 | 0 | 0 | 0 |
| Intangible Assets | 68,120 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 199,295 | 126,425 | 126,425 | 125,021 | 125,021 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 200 | 27,570 | 27,453 | 26,440 | 26,908 | 0 | 0 | 0 |
| Cash | 3,232 | 3,947 | 4,280 | 12,452 | 12,838 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,432 | 31,517 | 31,733 | 38,892 | 39,746 | 0 | 0 | 0 |
| total assets | 202,727 | 157,942 | 158,158 | 163,913 | 164,767 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,215 | 48,462 | 48,462 | 49,166 | 46,561 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 399,559 | 399,556 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 500,513 | 403,765 | 403,765 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 501,728 | 452,227 | 452,227 | 448,725 | 446,117 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 501,728 | 452,227 | 452,227 | 448,725 | 446,117 | 0 | 0 | 0 |
| net assets | -299,001 | -294,285 | -294,069 | -284,812 | -281,350 | 0 | 0 | 0 |
| total shareholders funds | -299,001 | -294,285 | -294,069 | -284,812 | -281,350 | 0 | 0 | 0 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -3,463 | 511 | ||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | |||
| Amortisation | 0 | 0 | 0 | 0 | 0 | |||
| Tax | 0 | 0 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -27,370 | 117 | 1,013 | -468 | 26,908 | 0 | 0 | 0 |
| Creditors | -47,247 | 0 | -704 | 2,605 | 46,561 | 0 | 0 | 0 |
| Accruals and Deferred Income | 96,748 | 0 | 403,765 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -390 | 20,164 | ||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -399,559 | 3 | 399,556 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | 0 | ||||||
| cash flow from financing | 4 | 117,695 | ||||||
| cash and cash equivalents | ||||||||
| cash | -715 | -333 | -8,172 | -386 | 12,838 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -715 | -333 | -8,172 | -386 | 12,838 | 0 | 0 | 0 |
meldrum developments ltd Credit Report and Business Information
Meldrum Developments Ltd Competitor Analysis
Perform a competitor analysis for meldrum developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in NE11 area or any other competitors across 12 key performance metrics.
meldrum developments ltd Ownership
MELDRUM DEVELOPMENTS LTD group structure
Meldrum Developments Ltd has no subsidiary companies.
Ultimate parent company
MELDRUM DEVELOPMENTS LTD
09912657
meldrum developments ltd directors
Meldrum Developments Ltd currently has 3 directors. The longest serving directors include Mr David Meldrum (Dec 2015) and Mr David Meldrum (Dec 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Meldrum | United Kingdom | 61 years | Dec 2015 | - | Director |
| Mr David Meldrum | 61 years | Dec 2015 | - | Director | |
| Mr Simon Bissell | United Kingdom | 49 years | Jan 2023 | - | Director |
P&L
December 2023turnover
10.4k
-98%
operating profit
-4.9k
0%
gross margin
26.7%
-0.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-299k
+0.02%
total assets
202.7k
+0.28%
cash
3.2k
-0.18%
net assets
Total assets minus all liabilities
Similar Companies
meldrum developments ltd company details
company number
09912657
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
December 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
meldrum property ltd (November 2016)
accountant
ARMSTRONG WATSON
auditor
-
address
pantheon building, lancaster road, gateshead, tyne and wear, NE11 9JW
Bank
-
Legal Advisor
-
meldrum developments 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 meldrum developments ltd.
meldrum developments 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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meldrum developments ltd Companies House Filings - See Documents
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