Meridian It Limited

Active02654994Information & communicationIncorporated 17 Oct 1991 · Henley In Arden

The principal activities of the company during the course of the year were the provision of IT solutions based around four IT competencies; Managed Cloud Services, IT Professional Services, Security and IT infrastructure deployment. This portfolio is being further enhanced and supported by a strategy to increase the services revenue of the business by supporting clients IT infrastructure with managed services and the opportunity to supply Meridian Groups International customers through an internal 'cross sell' model.

Revenue

£17.2m

▼ -12.8% vs prior ~12m period

Profit after tax

£996k

Margin 8.5%

Employees

65

▼ -11.0% vs prior ~12m period

Net assets

£6.0m

Total assets £10.8m

Financial history

Revenue by accounting period

7 periods available · ▲ growth ▼ decline

Mar 2020
Not available
Mar 2021
£15.7m
Mar 2022
£14.9m▼ -5.1%
Mar 2023
£20.9m▲ +40.9%
Mar 2024
£19.5m▼ -7.0%
Mar 2025
£19.7m▲ +1.3%
Mar 2026
£17.2m▼ -12.8%
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Mar 2026£17.2m▼ -12.8%£1.4m65£6.0m
31 Mar 2025£19.7m▲ +1.3%£1.4m73£5.0m
31 Mar 2024£19.5m▼ -7.0%£2.5m49£6.0m
31 Mar 2023£20.9m▲ +40.9%£2.4m39£4.1m
31 Mar 2022£14.9m▼ -5.1%£1.7m37£3.7m
31 Mar 2021£15.7m—£839k36£3.4m
31 Mar 2020————£3.9m

Latest available figures

Period ending 31 Mar 2026. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£17.2m
Gross profit
£5.4m
Operating profit
£1.5m
Profit before tax
£1.4m
Profit after tax
£996k

Balance sheet

Total assets
£10.8m
Cash
£5.0m
Total liabilities
£4.8m
Net assets
£6.0m
Revenue per employee
£265k

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