meades group limited
meades group limited Company Information
Company Number
10308015
Next Accounts
Dec 2025
Shareholders
paul brian meades
elena meades
Group Structure
View All
Industry
Accounting, and auditing activities
Registered Address
39 the metro centre, tolpits lane, watford, hertfordshire, WD18 9SB
Website
www.meadesandco.co.ukmeades group limited Estimated Valuation
Pomanda estimates the enterprise value of MEADES GROUP LIMITED at £154.5k based on a Turnover of £168.1k and 0.92x industry multiple (adjusted for size and gross margin).
meades group limited Estimated Valuation
Pomanda estimates the enterprise value of MEADES GROUP LIMITED at £536.6k based on an EBITDA of £91.1k and a 5.89x industry multiple (adjusted for size and gross margin).
meades group limited Estimated Valuation
Pomanda estimates the enterprise value of MEADES GROUP LIMITED at £428.8k based on Net Assets of £140.1k and 3.06x industry multiple (adjusted for liquidity).
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Meades Group Limited Overview
Meades Group Limited is a live company located in watford, WD18 9SB with a Companies House number of 10308015. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in August 2016, it's largest shareholder is paul brian meades with a 99% stake. Meades Group Limited is a young, micro sized company, Pomanda has estimated its turnover at £168.1k with healthy growth in recent years.
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Meades Group Limited Health Check
Pomanda's financial health check has awarded Meades Group Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £168.1k, make it in line with the average company (£182.1k)
- Meades Group Limited
£182.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8.4%)
- Meades Group Limited
8.4% - Industry AVG
Production
with a gross margin of 93.4%, this company has a comparable cost of product (93.4%)
- Meades Group Limited
93.4% - Industry AVG
Profitability
an operating margin of 50.3% make it more profitable than the average company (10.1%)
- Meades Group Limited
10.1% - Industry AVG
Employees
with 7 employees, this is above the industry average (3)
7 - Meades Group Limited
3 - Industry AVG
Pay Structure
on an average salary of £35k, the company has an equivalent pay structure (£35k)
- Meades Group Limited
£35k - Industry AVG
Efficiency
resulting in sales per employee of £24k, this is less efficient (£76.4k)
- Meades Group Limited
£76.4k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (78 days)
- Meades Group Limited
78 days - Industry AVG
Creditor Days
its suppliers are paid after 112 days, this is slower than average (21 days)
- Meades Group Limited
21 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Meades Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 35 weeks, this is average cash available to meet short term requirements (32 weeks)
35 weeks - Meades Group Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82%, this is a higher level of debt than the average (50.8%)
82% - Meades Group Limited
50.8% - Industry AVG
MEADES GROUP LIMITED financials
Meades Group Limited's latest turnover from March 2024 is estimated at £168.1 thousand and the company has net assets of £140.1 thousand. According to their latest financial statements, Meades Group Limited has 7 employees and maintains cash reserves of £62.3 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 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 7 | 6 | 7 | 7 | 7 | 9 | 9 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 687,345 | 688,693 | 687,856 | |||||
| Intangible Assets | 24,187 | 29,371 | 34,555 | 39,739 | 44,923 | 50,107 | ||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 711,532 | 718,064 | 722,411 | 39,739 | 44,923 | 50,107 | ||
| Stock & work in progress | ||||||||
| Trade Debtors | 3,744 | 2,833 | 2,461 | 3,568 | 8,937 | 19,506 | 159,700 | |
| Group Debtors | ||||||||
| Misc Debtors | 6,489 | 120,000 | 1,526 | |||||
| Cash | 62,314 | 58,273 | 98,903 | 370,405 | 94,763 | 40,418 | ||
| misc current assets | 45 | 45 | 50,000 | |||||
| total current assets | 66,103 | 61,151 | 157,853 | 373,973 | 223,700 | 61,450 | 159,700 | |
| total assets | 777,635 | 779,215 | 880,264 | 413,712 | 268,623 | 111,557 | 159,700 | |
| Bank overdraft | 30,000 | 30,000 | 30,000 | |||||
| Bank loan | ||||||||
| Trade Creditors | 3,448 | 6,916 | 2,694 | 1,666 | 2,097 | 2,506 | 109,537 | |
| Group/Directors Accounts | 37,500 | 25 | ||||||
| other short term finances | 27,469 | 26,689 | 33,209 | 6,165 | 8,749 | 6,900 | ||
| hp & lease commitments | ||||||||
| other current liabilities | 31,568 | 20,496 | 35,780 | 70,867 | 168,914 | 38,693 | ||
| total current liabilities | 92,485 | 84,101 | 101,683 | 116,198 | 179,760 | 48,124 | 109,537 | |
| loans | 514,504 | 569,804 | 641,945 | 150,000 | ||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | 30,000 | |||||||
| provisions | 510 | 385 | 866 | |||||
| total long term liabilities | 545,014 | 570,189 | 642,811 | 150,000 | ||||
| total liabilities | 637,499 | 654,290 | 744,494 | 266,198 | 179,760 | 48,124 | 109,537 | |
| net assets | 140,136 | 124,925 | 135,770 | 147,514 | 88,863 | 63,433 | 50,163 | |
| total shareholders funds | 140,136 | 124,925 | 135,770 | 147,514 | 88,863 | 63,433 | 50,163 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 1,348 | 1,503 | 551 | |||||
| Amortisation | 5,184 | 5,184 | 5,184 | 5,184 | 5,184 | |||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 911 | -6,117 | 5,382 | -125,369 | 107,905 | -138,668 | 159,700 | |
| Creditors | -3,468 | 4,222 | 1,028 | -431 | -409 | -107,031 | 109,537 | |
| Accruals and Deferred Income | 11,072 | -15,284 | -35,087 | -98,047 | 130,221 | 38,693 | ||
| Deferred Taxes & Provisions | 125 | -481 | 866 | |||||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -37,500 | 37,500 | -25 | 25 | ||||
| Other Short Term Loans | 780 | -6,520 | 27,044 | -2,584 | 1,849 | 6,900 | ||
| Long term loans | -55,300 | -72,141 | 491,945 | 150,000 | ||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | 30,000 | |||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 4,041 | -40,630 | -271,502 | 275,642 | 54,345 | 40,418 | ||
| overdraft | 30,000 | |||||||
| change in cash | 4,041 | -40,630 | -301,502 | 275,642 | 54,345 | 40,418 |
meades group limited Credit Report and Business Information
Meades Group Limited Competitor Analysis
Perform a competitor analysis for meades group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WD18 area or any other competitors across 12 key performance metrics.
meades group limited Ownership
MEADES GROUP LIMITED group structure
Meades Group Limited has no subsidiary companies.
Ultimate parent company
MEADES GROUP LIMITED
10308015
meades group limited directors
Meades Group Limited currently has 3 directors. The longest serving directors include Mr Paul Meades (Aug 2016) and Mrs Joanne McDonald (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Meades | United Kingdom | 52 years | Aug 2016 | - | Director |
| Mrs Joanne McDonald | United Kingdom | 36 years | Oct 2021 | - | Director |
| Mrs Elena Meades | United Kingdom | 42 years | Nov 2023 | - | Director |
P&L
March 2024turnover
168.1k
+20%
operating profit
84.5k
0%
gross margin
93.4%
+5.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
140.1k
+0.12%
total assets
777.6k
0%
cash
62.3k
+0.07%
net assets
Total assets minus all liabilities
meades group limited company details
company number
10308015
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
August 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
MEADES GROUP LIMITED
auditor
-
address
39 the metro centre, tolpits lane, watford, hertfordshire, WD18 9SB
Bank
-
Legal Advisor
-
meades group 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 meades group limited. Currently there are 3 open charges and 0 have been satisfied in the past.
meades group 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 MEADES GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
meades group limited Companies House Filings - See Documents
| date | description | view/download |
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