meldrum structural and civil engineering limited
meldrum structural and civil engineering limited Company Information
Company Number
11703185
Next Accounts
Sep 2025
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Shareholders
meldrum construction services group limited
Group Structure
View All
Contact
Registered Address
pantheon building, lancaster road, gateshead, NE11 9JW
Website
-meldrum structural and civil engineering limited Estimated Valuation
Pomanda estimates the enterprise value of MELDRUM STRUCTURAL AND CIVIL ENGINEERING LIMITED at £7.5m based on a Turnover of £16.6m and 0.45x industry multiple (adjusted for size and gross margin).
meldrum structural and civil engineering limited Estimated Valuation
Pomanda estimates the enterprise value of MELDRUM STRUCTURAL AND CIVIL ENGINEERING LIMITED at £4.1m based on an EBITDA of £904.5k and a 4.48x industry multiple (adjusted for size and gross margin).
meldrum structural and civil engineering limited Estimated Valuation
Pomanda estimates the enterprise value of MELDRUM STRUCTURAL AND CIVIL ENGINEERING LIMITED at £2.9m based on Net Assets of £1.3m and 2.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Meldrum Structural And Civil Engineering Limited Overview
Meldrum Structural And Civil Engineering Limited is a live company located in gateshead, NE11 9JW with a Companies House number of 11703185. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in November 2018, it's largest shareholder is meldrum construction services group limited with a 100% stake. Meldrum Structural And Civil Engineering Limited is a young, mid sized company, Pomanda has estimated its turnover at £16.6m with rapid growth in recent years.
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Meldrum Structural And Civil Engineering Limited Health Check
Pomanda's financial health check has awarded Meldrum Structural And Civil Engineering Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £16.6m, make it larger than the average company (£8.7m)
£16.6m - Meldrum Structural And Civil Engineering Limited
£8.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (9.2%)
34% - Meldrum Structural And Civil Engineering Limited
9.2% - Industry AVG
Production
with a gross margin of 13%, this company has a higher cost of product (24.5%)
13% - Meldrum Structural And Civil Engineering Limited
24.5% - Industry AVG
Profitability
an operating margin of 5.5% make it as profitable than the average company (6%)
5.5% - Meldrum Structural And Civil Engineering Limited
6% - Industry AVG
Employees
with 64 employees, this is above the industry average (37)
64 - Meldrum Structural And Civil Engineering Limited
37 - Industry AVG
Pay Structure
on an average salary of £55k, the company has an equivalent pay structure (£49.8k)
£55k - Meldrum Structural And Civil Engineering Limited
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £259.3k, this is more efficient (£200.8k)
£259.3k - Meldrum Structural And Civil Engineering Limited
£200.8k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is earlier than average (56 days)
39 days - Meldrum Structural And Civil Engineering Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is quicker than average (37 days)
24 days - Meldrum Structural And Civil Engineering Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Meldrum Structural And Civil Engineering Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (20 weeks)
25 weeks - Meldrum Structural And Civil Engineering Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.6%, this is a higher level of debt than the average (60.6%)
71.6% - Meldrum Structural And Civil Engineering Limited
60.6% - Industry AVG
MELDRUM STRUCTURAL AND CIVIL ENGINEERING LIMITED financials
Meldrum Structural And Civil Engineering Limited's latest turnover from December 2023 is £16.6 million and the company has net assets of £1.3 million. According to their latest financial statements, Meldrum Structural And Civil Engineering Limited has 64 employees and maintains cash reserves of £1.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | |
|---|---|---|---|---|---|
| Turnover | 16,594,910 | 14,883,243 | 8,269,994 | 6,902,516 | 4,541,242 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 14,432,649 | 13,009,318 | 7,099,549 | 5,810,889 | 3,598,449 |
| Gross Profit | 2,162,261 | 1,873,925 | 1,170,445 | 1,091,627 | 942,793 |
| Admin Expenses | 1,257,800 | 1,262,438 | 695,781 | 517,406 | 569,889 |
| Operating Profit | 904,461 | 611,487 | 474,664 | 574,221 | 372,904 |
| Interest Payable | 265 | 259 | 167 | 123 | 0 |
| Interest Receivable | 0 | 54 | 0 | 0 | 0 |
| Pre-Tax Profit | 904,196 | 611,282 | 474,497 | 574,098 | 372,904 |
| Tax | -244,167 | 31,365 | -90,154 | -68,871 | -70,852 |
| Profit After Tax | 660,029 | 642,647 | 384,343 | 505,227 | 302,052 |
| Dividends Paid | 0 | 500,000 | 0 | 0 | 0 |
| Retained Profit | 660,029 | 142,647 | 384,343 | 505,227 | 302,052 |
| Employee Costs | 3,522,205 | 3,147,083 | |||
| Number Of Employees | 64 | 60 | 58 | 55 | 53 |
| EBITDA* | 904,461 | 611,487 | 474,664 | 574,221 | 372,904 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,817,094 | 2,662,043 | 2,341,631 | 854,848 | 719,270 |
| Group Debtors | 1,180,525 | 195,129 | 728,385 | 29,611 | 37 |
| Misc Debtors | 53,886 | 72,871 | 2,772 | 121,740 | 32,565 |
| Cash | 1,688,267 | 1,460,561 | 1,397,541 | 1,639,427 | 255,514 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,739,772 | 4,390,604 | 4,470,329 | 2,645,626 | 1,007,386 |
| total assets | 4,739,772 | 4,390,604 | 4,470,329 | 2,645,626 | 1,007,386 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 956,165 | 653,179 | 971,064 | 304,117 | 23,670 |
| Group/Directors Accounts | 529,845 | 876,166 | 978,579 | 618,442 | 162,404 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,909,466 | 1,826,992 | 1,629,066 | 915,790 | 519,259 |
| total current liabilities | 3,395,476 | 3,356,337 | 3,578,709 | 1,838,349 | 705,333 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 3,395,476 | 3,356,337 | 3,578,709 | 1,838,349 | 705,333 |
| net assets | 1,344,296 | 1,034,267 | 891,620 | 807,277 | 302,053 |
| total shareholders funds | 1,344,296 | 1,034,267 | 891,620 | 807,277 | 302,053 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 904,461 | 611,487 | 474,664 | 574,221 | 372,904 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | -244,167 | 31,365 | -90,154 | -68,871 | -70,852 |
| Stock | 0 | 0 | 0 | 0 | 0 |
| Debtors | 121,462 | -142,745 | 2,066,589 | 254,327 | 751,872 |
| Creditors | 302,986 | -317,885 | 666,947 | 280,447 | 23,670 |
| Accruals and Deferred Income | 82,474 | 197,926 | 713,276 | 396,531 | 519,259 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 924,292 | 665,638 | -301,856 | 928,001 | 93,109 |
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -346,321 | -102,413 | 360,137 | 456,038 | 162,404 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | -265 | -205 | -167 | -123 | 0 |
| cash flow from financing | -696,586 | -102,618 | 59,970 | 455,912 | 162,405 |
| cash and cash equivalents | |||||
| cash | 227,706 | 63,020 | -241,886 | 1,383,913 | 255,514 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 227,706 | 63,020 | -241,886 | 1,383,913 | 255,514 |
meldrum structural and civil engineering limited Credit Report and Business Information
Meldrum Structural And Civil Engineering Limited Competitor Analysis
Perform a competitor analysis for meldrum structural and civil engineering limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in NE11 area or any other competitors across 12 key performance metrics.
meldrum structural and civil engineering limited Ownership
MELDRUM STRUCTURAL AND CIVIL ENGINEERING LIMITED group structure
Meldrum Structural And Civil Engineering Limited has no subsidiary companies.
Ultimate parent company
1 parent
MELDRUM STRUCTURAL AND CIVIL ENGINEERING LIMITED
11703185
meldrum structural and civil engineering limited directors
Meldrum Structural And Civil Engineering Limited currently has 6 directors. The longest serving directors include Mr David Meldrum (Nov 2018) and Mr David Meldrum (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Meldrum | United Kingdom | 61 years | Nov 2018 | - | Director |
| Mr David Meldrum | United Kingdom | 61 years | Nov 2018 | - | Director |
| Mr Simon Bissell | United Kingdom | 49 years | Dec 2022 | - | Director |
| Mr Michael Robertson | United Kingdom | 49 years | Mar 2023 | - | Director |
| Mr Ian Glazinski | England | 39 years | Mar 2023 | - | Director |
| Mr Jonathan Mellis | United Kingdom | 48 years | Mar 2023 | - | Director |
P&L
December 2023turnover
16.6m
+12%
operating profit
904.5k
+48%
gross margin
13.1%
+3.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.3m
+0.3%
total assets
4.7m
+0.08%
cash
1.7m
+0.16%
net assets
Total assets minus all liabilities
meldrum structural and civil engineering limited company details
company number
11703185
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
November 2018
age
6
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
meldrum civil engineering limited (April 2019)
accountant
-
auditor
ARMSTRONG WATSON AUDIT LIMITED
address
pantheon building, lancaster road, gateshead, NE11 9JW
Bank
-
Legal Advisor
-
meldrum structural and civil engineering 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 meldrum structural and civil engineering limited.
meldrum structural and civil engineering 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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meldrum structural and civil engineering limited Companies House Filings - See Documents
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