Meridian Grand Limited

Meridian Grand Ltd from London UK: a small, active company founded twelve years ago, employs thirty-two people, and holds £286,310 in assets. It’s a family business with two directors and two owners, boasting a solid Google rating of 4.0 from 1545 reviews. The company regularly imports miscellaneous metal items, with activity recorded over the last three months.

Operating as a luxury wedding and events venue, Meridian Grand caters to a variety of cultural celebrations, including Hindu, Sikh, Bengali, Muslim, African, Turkish, Jewish, and Asian weddings. The venue, located in North London, can accommodate up to 800 guests and offers a range of suites and ballrooms. Its website highlights a focus on high-end service and bespoke event decor, aiming to create memorable experiences for couples and families. The venue also has a pop-up restaurant, showcasing its culinary expertise.

Financially, Meridian Grand Ltd presents a mixed picture. While current assets have improved significantly, rising by 350% to £290,000, net assets have also increased by 120% to £1.3 million. However, cash bank on hand has decreased by 32% to £150,000. Bank borrowings have increased dramatically, rising by 2,400% to £29,000. Director remuneration has also seen a massive increase, jumping 760% to £80,000. The company’s small size (meeting two of three conditions for being considered small) allows for flexibility, but the surge in borrowing and the increase in director pay suggest it's burning through cash. The company’d accounts are unaudited, and no auditor is mentioned, which is common for small companies. Tax payable has also increased by 1400%, reaching £260,000.

Registered in England/Wales under the registration number 08109732, with a registered address at N18 3BB, England, London, 16 A Eley Road.

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