MELDRUM STRUCTURAL AND CIVIL ENGINEERING LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -23.4%

  £16,594,910 → £12,716,720

• Cash

  +11.5%

  £1,688,267 → £1,882,563

  highest in 5 filed years

• Net assets

  +6.6%

  £1,344,296 → £1,433,452

  highest in 5 filed years

• Employees

  0%

  64 → 64

• Operating profit

  +20.3%

  £904,461 → £1,087,914

  highest in 5 filed years

• Profit before tax

  +20.3%

  £904,196 → £1,087,677

  highest in 5 filed years

• Wages

  +54.2%

  £3,486,651 → £5,376,634

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. MELDRUM STRUCTURAL AND CIVIL ENGINEERING LIMITED 2019-04-10 → present
2. MELDRUM CIVIL ENGINEERING LIMITED 2018-11-29 → 2019-04-10

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Armstrong Watson Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The company has an excellent 'quality' pipeline of opportunities, a strong cash balance, and no external debt (other than asset finance). The directors have considered several scenarios and sensitivities in relation to working capital, gross margin reduction and a reduction in the pipeline of opportunities which indicate sufficient headroom within the currently available cash and agreed available funding facilities. Considering the healthy pipeline, current resources along with the positive forecasted future activity of the company and its banking facilities, the directors have no reason not to believe that the company will continue in operation for the foreseeable future.”

Significant events

• “transformalion in ownership from an individual Director to an Employee Owned Trust (EOT)”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.