MEACO (U.K.) LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-01-05 (in 8mo)
Last made up 2025-12-22
Watchouts
None on the register
Cash
£12M
-19.7% vs 2024
Net assets
£33M
+20.4% highest in 5 filed years
Employees
30
+36.4% highest in 5 filed years
Profit before tax
£8M
-28.1% vs 2024
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · latest reflected 2025-03-31
| Metric | Trend | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Turnover | £25,011,664 | £28,278,430 | £31,946,410 | £48,601,463 | £48,110,639 | |
| Operating profit | £6,180,670 | £2,609,035 | £9,213,730 | £11,406,590 | £8,066,511 | |
| Profit before tax | £6,187,717 | £2,610,113 | £9,231,293 | £11,560,509 | £8,306,949 | |
| Net profit | — | — | — | — | — | |
| Cash | £6,617,198 | £5,466,170 | £8,992,328 | £14,987,651 | £12,037,562 | |
| Total assets less current liabilities | £10,294,997 | £12,271,745 | £19,501,646 | £28,275,096 | £33,694,454 | |
| Net assets | £9,280,377 | £11,232,397 | £18,511,157 | £27,111,248 | £32,645,150 | |
| Equity | £9,280,377 | £11,232,397 | £18,511,157 | £27,111,248 | £32,645,150 | |
| Average employees | 13 | 16 | 19 | 22 | 30 | |
| Wages | £351,615 | £420,035 | £345,331 | £698,908 | £925,857 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|---|
| Operating margin | 24.7% | 9.2% | 28.8% | 23.5% | 16.8% | |
| Return on capital employed | 60.0% | 21.3% | 47.2% | 40.3% | 23.9% | |
| Interest cover | 6398.21x | 296.55x | 26862.19x | 1814.03x | 89.57x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Menzies LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “Summer 2024 was the coolest on record in the UK since 2015, which suppressed sales of our cooling range. Sales of our dehumidifier range in Autumn/Winter 2024/25 remained strong and when combined with stronger sales in Europe led to the slightly increased turnover figure for the year.”
- “In early 2024, we were over optimistic ordering cooling stock. With the cool summer, we were left with a substantial overstock of fans and air conditioners. The same ordering issue affected orders the level of dehumidifiers ordered and despite strong sales of dehumidifiers we ended the year overstocked.”
- “Summer 2025 has been a very good season for cooling stock after one of the hottest summers on record, and we sold out of all cooling stock.”
- “We have successfully launched our Arete Two dehumidifier range in the autumn of 2024 and will strengthen our range with a smaller model suitable for kitchens, bathrooms, and small rooms.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MICHAEL, Christopher Gwyn | Secretary | 2003-12-23 | — | British |
| MICHAEL, Christopher Gwyn | Director | 2003-12-23 | Sep 1968 | British |
| SUGRUE, Conor | Director | 2025-12-23 | Aug 1980 | Irish |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| @UKPLC CLIENT SECRETARY LTD | Corporate Nominee Secretary | 2003-12-19 | 2003-12-23 |
| MICHAEL, Michelle Catherine | Director | 2003-12-23 | 2025-12-23 |
| @UKPLC CLIENT DIRECTOR LTD | Corporate Nominee Director | 2003-12-19 | 2003-12-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Meaco Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-12-18 | Active |
| Mrs Michelle Catherine Michael | Individual | Shares 25–50% | 2016-04-06 | Ceased 2020-12-18 |
| Mr Christopher Gwyn Michael | Individual | Shares 25–50% | 2016-04-06 | Ceased 2020-12-18 |
Filing timeline
Last 20 of 78 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-01-07 RESOLUTIONS Resolution
- 2026-01-07 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-03 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-07 | RESOLUTIONS | resolution | Resolution | |
| 2026-01-07 | MA | incorporation | Memorandum articles | |
| 2025-12-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-17 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-15 | AA | accounts | Accounts with accounts type full | |
| 2025-06-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-06-02 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-12-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-20 | AA | accounts | Accounts with accounts type full | |
| 2023-12-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-20 | AA | accounts | Accounts with accounts type full | |
| 2023-11-03 | CH01 | officers | Change person director company with change date | |
| 2023-11-03 | CH01 | officers | Change person director company with change date | |
| 2022-12-23 | AA | accounts | Accounts with accounts type full | |
| 2022-12-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-12-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-02-03 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
-1%
£48,601,463 £48,110,639
-
Cash
-19.7%
£14,987,651 £12,037,562
-
Net assets
+20.4%
£27,111,248 £32,645,150
highest in 5 filed years
-
Employees
+36.4%
22 30
highest in 5 filed years
-
Operating profit
-29.3%
£11,406,590 £8,066,511
-
Profit before tax
-28.1%
£11,560,509 £8,306,949
-
Wages
+32.5%
£698,908 £925,857
highest in 5 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers