Meridian Technical Services Limited

Meridian Technical Services Ltd from Erith UK: a small holding company with an active status, established 30 years ago, employs 16 people, and holds £2,961,043 in assets. The company has two directors and two owners, and operates from a real address. It regularly imports machinery, boilers, and mechanical appliances (parts, for 17 months), and exports organic chemicals (for 7 months).

The company’s website highlights its specialization in fire suppression and Halon recovery. Meridian Technical Services offers services including cylinder banking, bulk sales, collection, reclamation, and disposal. It boasts state-of-the-art facilities for recovering, recycling, and storing Halons, and provides accredited testing for pressure vessels. The company supports a range of fire suppression systems, offering service exchange and refilling. Initially offering a wide variety of fire and waste services, Meridian has become a specialist in automatic fire suppression and recovery. It’s part of the SK Aero Safety Group, which includes several other companies focused on aerospace safety and related services.

Financially, Meridian Technical Services Ltd shows some concerning trends. Creditors have risen significantly, increasing by 41% to £960,000, while cash bank on hand dropped by 19% to £75,000. Bank borrowings have also increased, though not as dramatically. On a positive note, net assets have grown by 13% to £2,200,000, and current assets are up 23% to £3,000,000. The company’s average number of employees has increased by 31% to 21, which could be a sign of growth but also increased operational costs. It’s a small company, meeting two of three conditions for that designation, and the unaudited figures rely on director-reported data. The company operates under the small companies regime and is exempt from reporting disclosure related party transactions.

Registered in England/Wales under the registration number 02978962, with a registered address at DA18 4AP, England, Erith, 10-14 Hailey Road.

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