meldrum financial ltd
meldrum financial ltd Company Information
Company Number
SC579977
Website
-Registered Address
suite 4f, ingram house, 227 ingram street, glasgow, G1 1DA
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Directors
Scott Meldrum6 Years
Shareholders
scott aitken meldrum 100%
meldrum financial ltd Estimated Valuation
Pomanda estimates the enterprise value of MELDRUM FINANCIAL LTD at £55.1k based on a Turnover of £99.4k and 0.55x industry multiple (adjusted for size and gross margin).
meldrum financial ltd Estimated Valuation
Pomanda estimates the enterprise value of MELDRUM FINANCIAL LTD at £961 based on an EBITDA of £226 and a 4.24x industry multiple (adjusted for size and gross margin).
meldrum financial ltd Estimated Valuation
Pomanda estimates the enterprise value of MELDRUM FINANCIAL LTD at £256 based on Net Assets of £100 and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Meldrum Financial Ltd Overview
Meldrum Financial Ltd is a dissolved company that was located in glasgow, G1 1DA with a Companies House number of SC579977. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2017, it's largest shareholder was scott aitken meldrum with a 100% stake. The last turnover for Meldrum Financial Ltd was estimated at £99.4k.
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Meldrum Financial Ltd Health Check
Pomanda's financial health check has awarded Meldrum Financial Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
5 Weak
Size
annual sales of £99.4k, make it smaller than the average company (£2.3m)
- Meldrum Financial Ltd
£2.3m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Meldrum Financial Ltd
- - Industry AVG
Production
with a gross margin of 37.4%, this company has a comparable cost of product (37.4%)
- Meldrum Financial Ltd
37.4% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (5.6%)
- Meldrum Financial Ltd
5.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (20)
1 - Meldrum Financial Ltd
20 - Industry AVG
Pay Structure
on an average salary of £41.3k, the company has an equivalent pay structure (£41.3k)
- Meldrum Financial Ltd
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £99.4k, this is less efficient (£133.8k)
- Meldrum Financial Ltd
£133.8k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is earlier than average (43 days)
- Meldrum Financial Ltd
43 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Meldrum Financial Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Meldrum Financial Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is average cash available to meet short term requirements (22 weeks)
18 weeks - Meldrum Financial Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.3%, this is a higher level of debt than the average (65.3%)
99.3% - Meldrum Financial Ltd
65.3% - Industry AVG
MELDRUM FINANCIAL LTD financials
Meldrum Financial Ltd's latest turnover from October 2019 is estimated at £99.4 thousand and the company has net assets of £100. According to their latest financial statements, Meldrum Financial Ltd has 1 employee and maintains cash reserves of £5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2019 | Oct 2018 | |
|---|---|---|
| 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 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2019 | Oct 2018 | |
|---|---|---|
| Tangible Assets | 787 | 0 |
| Intangible Assets | 0 | 0 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 787 | 0 |
| Stock & work in progress | 0 | 0 |
| Trade Debtors | 8,775 | 4,875 |
| Group Debtors | 0 | 0 |
| Misc Debtors | 0 | 0 |
| Cash | 5,043 | 4,330 |
| misc current assets | 0 | 0 |
| total current assets | 13,818 | 9,205 |
| total assets | 14,605 | 9,205 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| other short term finances | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 14,505 | 9,105 |
| total current liabilities | 14,505 | 9,105 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 14,505 | 9,105 |
| net assets | 100 | 100 |
| total shareholders funds | 100 | 100 |
| Oct 2019 | Oct 2018 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 262 | 0 |
| Amortisation | 0 | 0 |
| Tax | ||
| Stock | 0 | 0 |
| Debtors | 3,900 | 4,875 |
| Creditors | 0 | 0 |
| Accruals and Deferred Income | 5,400 | 9,105 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | 0 | 0 |
| Other Short Term Loans | 0 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 713 | 4,330 |
| overdraft | 0 | 0 |
| change in cash | 713 | 4,330 |
meldrum financial ltd Credit Report and Business Information
Meldrum Financial Ltd Competitor Analysis
Perform a competitor analysis for meldrum financial ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in G 1 area or any other competitors across 12 key performance metrics.
meldrum financial ltd Ownership
MELDRUM FINANCIAL LTD group structure
Meldrum Financial Ltd has no subsidiary companies.
Ultimate parent company
MELDRUM FINANCIAL LTD
SC579977
meldrum financial ltd directors
Meldrum Financial Ltd currently has 1 director, Mr Scott Meldrum serving since Oct 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Scott Meldrum | Scotland | 31 years | Oct 2017 | - | Director |
P&L
October 2019turnover
99.4k
+24%
operating profit
-35.2
0%
gross margin
37.5%
+0.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2019net assets
100
0%
total assets
14.6k
+0.59%
cash
5k
+0.16%
net assets
Total assets minus all liabilities
Similar Companies
meldrum financial ltd company details
company number
SC579977
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
October 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2019
previous names
N/A
accountant
KEY PROFESSIONAL PARTNERSHIP LTD
auditor
-
address
suite 4f, ingram house, 227 ingram street, glasgow, G1 1DA
Bank
-
Legal Advisor
-
meldrum financial 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 financial ltd.
meldrum financial ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
