meldrum plant and transport limited
meldrum plant and transport limited Company Information
Company Number
11703379
Next Accounts
Sep 2025
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Shareholders
meldrum construction services group ltd
Group Structure
View All
Contact
Registered Address
pantheon building, lancaster road, gateshead, NE11 9JW
Website
meldrumcs.commeldrum plant and transport limited Estimated Valuation
Pomanda estimates the enterprise value of MELDRUM PLANT AND TRANSPORT LIMITED at £108k based on a Turnover of £325.9k and 0.33x industry multiple (adjusted for size and gross margin).
meldrum plant and transport limited Estimated Valuation
Pomanda estimates the enterprise value of MELDRUM PLANT AND TRANSPORT LIMITED at £2m based on an EBITDA of £623.1k and a 3.27x industry multiple (adjusted for size and gross margin).
meldrum plant and transport limited Estimated Valuation
Pomanda estimates the enterprise value of MELDRUM PLANT AND TRANSPORT LIMITED at £496k based on Net Assets of £228.7k and 2.17x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Meldrum Plant And Transport Limited Overview
Meldrum Plant And Transport Limited is a live company located in gateshead, NE11 9JW with a Companies House number of 11703379. 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 ltd with a 100% stake. Meldrum Plant And Transport Limited is a young, micro sized company, Pomanda has estimated its turnover at £325.9k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Meldrum Plant And Transport Limited Health Check
Pomanda's financial health check has awarded Meldrum Plant And Transport Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £325.9k, make it smaller than the average company (£8.7m)
- Meldrum Plant And Transport Limited
£8.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (9.2%)
- Meldrum Plant And Transport Limited
9.2% - Industry AVG
Production
with a gross margin of 14%, this company has a higher cost of product (24.5%)
- Meldrum Plant And Transport Limited
24.5% - Industry AVG
Profitability
an operating margin of 36.8% make it more profitable than the average company (6%)
- Meldrum Plant And Transport Limited
6% - Industry AVG
Employees
with 9 employees, this is below the industry average (37)
9 - Meldrum Plant And Transport Limited
37 - Industry AVG
Pay Structure
on an average salary of £49.8k, the company has an equivalent pay structure (£49.8k)
- Meldrum Plant And Transport Limited
£49.8k - Industry AVG
Efficiency
resulting in sales per employee of £36.2k, this is less efficient (£200.8k)
- Meldrum Plant And Transport Limited
£200.8k - Industry AVG
Debtor Days
it gets paid by customers after 14 days, this is earlier than average (56 days)
- Meldrum Plant And Transport Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (37 days)
- Meldrum Plant And Transport Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Meldrum Plant And Transport Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (20 weeks)
3 weeks - Meldrum Plant And Transport Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92%, this is a higher level of debt than the average (60.6%)
92% - Meldrum Plant And Transport Limited
60.6% - Industry AVG
MELDRUM PLANT AND TRANSPORT LIMITED financials
Meldrum Plant And Transport Limited's latest turnover from December 2023 is estimated at £325.9 thousand and the company has net assets of £228.7 thousand. According to their latest financial statements, Meldrum Plant And Transport Limited has 9 employees and maintains cash reserves of £105.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | |
|---|---|---|---|---|---|
| Turnover | 1,491,767 | 900,241 | 834,794 | 662,834 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 1,113,003 | 760,045 | 734,291 | 408,515 | |
| Gross Profit | 378,764 | 140,196 | 100,503 | 254,319 | |
| Admin Expenses | 97,779 | -10,410 | 60,381 | 212,466 | |
| Operating Profit | 280,985 | 150,606 | 40,122 | 41,853 | |
| Interest Payable | 68,648 | 40,629 | 27,726 | 29,534 | |
| Interest Receivable | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 212,337 | 109,977 | 12,396 | 12,319 | |
| Tax | -114,129 | -51,062 | 0 | 300 | |
| Profit After Tax | 98,208 | 58,915 | 12,396 | 12,619 | |
| Dividends Paid | 0 | 0 | 0 | 0 | |
| Retained Profit | 98,208 | 58,915 | 12,396 | 12,619 | |
| Employee Costs | |||||
| Number Of Employees | 9 | 7 | 7 | 7 | 4 |
| EBITDA* | 622,451 | 412,176 | 347,113 | 280,383 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 2,450,410 | 2,261,644 | 1,865,599 | 1,207,143 | 1,148,455 |
| 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 | 2,450,410 | 2,261,644 | 1,865,599 | 1,207,143 | 1,148,455 |
| Stock & work in progress | 0 | 0 | 0 | 13,569 | 3,934 |
| Trade Debtors | 12,539 | 18,581 | 89,655 | 111,860 | 1,200 |
| Group Debtors | 222,563 | 97,911 | 201,394 | 201,506 | 42,749 |
| Misc Debtors | 64,260 | 61,461 | 159,612 | 85,335 | 179,673 |
| Cash | 105,495 | 228,569 | 43,881 | 92,986 | 72,210 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 404,857 | 406,522 | 494,542 | 505,256 | 299,766 |
| total assets | 2,855,267 | 2,668,166 | 2,360,141 | 1,712,399 | 1,448,221 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 42,639 | 30,163 | 61,451 | 16,292 | 394,302 |
| Group/Directors Accounts | 1,132,324 | 988,315 | 812,284 | 886,992 | 497,339 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 559,287 | 543,433 | 511,355 | 216,062 | 274,685 |
| other current liabilities | 7,254 | 7,010 | 0 | 0 | 2,567 |
| total current liabilities | 1,741,504 | 1,568,921 | 1,385,090 | 1,119,346 | 1,168,893 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 347,158 | 482,650 | 520,795 | 358,485 | 101,502 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 537,925 | 484,452 | 370,323 | 209,550 | 165,206 |
| total long term liabilities | 885,083 | 967,102 | 891,118 | 568,035 | 266,708 |
| total liabilities | 2,626,587 | 2,536,023 | 2,276,208 | 1,687,381 | 1,435,601 |
| net assets | 228,680 | 132,143 | 83,933 | 25,018 | 12,620 |
| total shareholders funds | 228,680 | 132,143 | 83,933 | 25,018 | 12,620 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | 280,985 | 150,606 | 40,122 | 41,853 | |
| Depreciation | 503,175 | 341,466 | 261,570 | 306,991 | 238,530 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | -114,129 | -51,062 | 0 | 300 | |
| Stock | 0 | 0 | -13,569 | 9,635 | 3,934 |
| Debtors | 121,409 | -272,708 | 51,960 | 175,079 | 223,622 |
| Creditors | 12,476 | -31,288 | 45,159 | -378,010 | 394,302 |
| Accruals and Deferred Income | 244 | 7,010 | 0 | -2,567 | 2,567 |
| Deferred Taxes & Provisions | 53,473 | 114,129 | 160,773 | 44,344 | 165,206 |
| Cash flow from operations | 870,881 | 528,655 | -173,834 | 615,202 | |
| 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 | 144,009 | 176,031 | -74,708 | 389,653 | 497,339 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -119,638 | -6,067 | 457,603 | 198,360 | 376,187 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | -68,648 | -40,629 | -27,726 | -29,534 | |
| cash flow from financing | 51,318 | 342,266 | 560,289 | 843,993 | |
| cash and cash equivalents | |||||
| cash | -123,074 | 184,688 | -49,105 | 20,776 | 72,210 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | -123,074 | 184,688 | -49,105 | 20,776 | 72,210 |
meldrum plant and transport limited Credit Report and Business Information
Meldrum Plant And Transport Limited Competitor Analysis
Perform a competitor analysis for meldrum plant and transport limited 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 plant and transport limited Ownership
MELDRUM PLANT AND TRANSPORT LIMITED group structure
Meldrum Plant And Transport Limited has no subsidiary companies.
Ultimate parent company
1 parent
MELDRUM PLANT AND TRANSPORT LIMITED
11703379
meldrum plant and transport limited directors
Meldrum Plant And Transport Limited currently has 3 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 |
P&L
December 2023turnover
325.9k
-78%
operating profit
119.9k
0%
gross margin
14%
-45.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
228.7k
+0.73%
total assets
2.9m
+0.07%
cash
105.5k
-0.54%
net assets
Total assets minus all liabilities
meldrum plant and transport limited company details
company number
11703379
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
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
ARMSTRONG WATSON
auditor
-
address
pantheon building, lancaster road, gateshead, NE11 9JW
Bank
-
Legal Advisor
-
meldrum plant and transport 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 2 charges/mortgages relating to meldrum plant and transport limited. Currently there are 2 open charges and 0 have been satisfied in the past.
meldrum plant and transport 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 MELDRUM PLANT AND TRANSPORT LIMITED. This can take several minutes, an email will notify you when this has completed.
meldrum plant and transport limited Companies House Filings - See Documents
| date | description | view/download |
|---|
