Meeran Ltd

Meeran Ltd from Basildon UK is a small, active company founded six years ago. With six employees and £4,029,619 in assets, it’s a family business with three directors and two owners. The company operates from a real address and regularly imports and exports cereal and milk-based food products – 236 months of imports and 58 months of exports recorded.

The company’s website is not available, so it's difficult to determine their exact online presence. However, their business description suggests they are involved in the manufacture of other food products, wholesale food distribution, and potentially some non-specialised wholesale trade. It’s likely they operate a business-to-business model, supplying retailers or other food manufacturers.

Financially, Meeran Ltd shows a mixed picture. Average employee numbers have increased dramatically, jumping 220% to 25 – a significant change. Cash reserves have also seen a massive increase, soaring 600% to £240,000. However, creditors have also increased considerably, rising 110% to £3.3 million. Trade debtors have doubled to £2.8 million, suggesting potential issues with customer payments. Despite this, net assets have improved by 77% to £750,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increased debt levels warrant attention. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

The company’s significant increase in employees suggests expansion, potentially driven by increased import and export activity. The rise in debtors could be a temporary blip or a sign of longer-term challenges in managing customer payments. Overall, Meeran Ltd appears to be growing, but it’s important to monitor its debt levels and cash flow closely to ensure continued financial health.

Registered in England/Wales under the registration number 11565099, with a registered address at SS13 1EB, England, Basildon, A2 Hovefields Avenue.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.