How much does Meridian Audio Limited make?

Meridian Audio Limited reported revenue of £8.9m and a loss of £253k in the year to 31 May 2025, according to its accounts filed at Companies House.

How many employees does Meridian Audio Limited have?

Meridian Audio Limited reported an average of 71 employees in the year to 31 May 2025.

Is Meridian Audio Limited profitable?

No — Meridian Audio Limited reported a loss of £253k in the year to 31 May 2025.

Company No. 02710631 · Incorporated 29 Apr 1992

Meridian Audio Limited

Registered name: MERIDIAN AUDIO LIMITED

Meridian Audio Limited made £8.9m revenue and a £253k loss in the year to 31 May 2025. read from filing text

Meridian Audio Limited’s revenue fell 26% to £8.9m in the year to 31 May 2025, with a loss of £253k and 71 employees. The company is classified under “manufacture of consumer electronics” and is based in Cambridgeshire; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 26400Manufacture of consumer electronics SIC 77400Leasing of intellectual property and similar products, except copyright works

Status: Active
Location: Cambridgeshire, East of England
Age: 34 yrs · since 1992
Type: Private Limited Company

Latest accounts · year to 31 May 2025

Key figures

IndependentCash flow filed

Revenue

£8.9m

Growth ▼26.1%

Profit

−£253k

Growth ▼126.8%

Profit margin

−2.8%

Gross 61.1%

Employees

Change ▼6.6%

Profit / employee

−£3.6k

Revenue/employee £126k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 May 2022	31 May 2023	31 May 2024	31 May 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£8.6m	£9.4m	£12.1m	£8.9m
Cost of sales	£3.3m	£3.6m	£3.9m	£3.5m
Gross profit	£5.4m	£5.8m	£8.1m	£5.5m
Operating profit	£1.6m	£1m	£2m	£22.8k
Profit before tax	£1.4m	£752k	£1.8m	−£226k
Profit after tax	£1.2m	£542k	£945k	−£253k
Profit (best available)	£1.2m	£542k	£945k	−£253k
Staff costs	£3.1m	£3.2m	£3.7m	£3.2m
Employees (average)	66	74	76	71
Ratios
Profit margin	13.9%	5.8%	7.8%	−2.8%
Gross margin	62.3%	61.5%	67.4%	61.1%
Revenue per employee	£131k	£127k	£159k	£126k
Profit per employee	£18.1k	£7.3k	£12.4k	−£3.6k
Cash conversion	−9.5%	52.7%	67.2%	−4664%
Growth (year on year)
Revenue growth	—	▲8.7%	▲28.7%	▼26.1%
Profit growth	—	▼54.7%	▲74.3%	▼126.8%
Headcount growth	—	▲12.1%	▲2.7%	▼6.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£15.9k	£57.1k	£96.2k	£1.7k
Net assets	£5.9m	£4.4m	£6.3m	£6.2m
Fixed assets	£8.4m	£7.6m	£2.8m	£3.6m
Current assets	£4.8m	£5.8m	£6.2m	£5.9m
Debtors	£293k	£697k	£385k	£335k
Deferred income	£491k	£448k	£356k	£129k
Cash from operations	−£156k	£529k	£1.3m	−£1.1m
Source	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Feb 2024	FullAccounts · bulk data Jul 2024	FullAccounts · bulk data Feb 2026

Derived from the latest filing

How the business works

Profit margin: −2.8%; Profit ÷ revenue.
Gross margin: 61.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £126k; Revenue ÷ average employees.
Profit per employee: −£3.6k; Profit ÷ average employees.
Cash conversion: −4664%; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 40.6%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1.4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3.8%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼1%; Now £6.2m
Cash at bank: ▼98%; Now £1.7k
Headcount: ▼7%; Now 71
Deferred income: ▼64%; Now £129k
Fixed assets: ▲30%; Now £3.6m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 May 2025 (profit −£253k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.

Updated from Companies House on 24 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.