Cardel Limited
03153417
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/05/2016
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 2 other boards
director · Since 09/07/2021
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 48
Also on 2 other boards
Persons with Significant Control
Cardel Group Limited
5, The Marquis Centre, Baldock
Reg: 10772256 · Companies House · Private Limited Company
Notified 30/05/2017
Former PSCs
Euston Capital Ltd
Ceased 30/05/2017
Charges0 outstanding
HSBC UK BANK PLC
LDC (MANAGERS) LIMITED AS SECURITY TRUSTEE
LDC (MANAGERS) LIMITED AS SECURITY TRUSTEE
LDC (MANAGERS) LIMITED AS SECURITY TRUSTEE
LDC (MANAGERS) LIMITED AS SECURITY TRUSTEE
GLOBAL LOAN AGENCY SERVICES LIMITED (AS AGENT), GLAS TRUST CORPORATION LIMITED (AS SECURITY AGE · APERA INVESTMENT HOLDCO II S.A.R.L. (AS MANDATED LEAD ARRANGER AND ORIGINAL LENDER) AND SC APER
GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT)
JONATHAN FORD (AS SECURITY TRUSTEE)
CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)
LDC (MANAGERS) LIMITED (AS SECURITY TRUSTEE)
HSBC BANK PLC
CompanyRankvs 2466+ SIC 32990 peers66
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the company’s auditor is aware of that information. Going Concern The directors have assessed the Cardel group’s ability to continue to trade on a Going Concern basis based on the current performance of the Cardel group as a whole and including events
Key FinancialsYear ending 31/12/2025
Net Worth
£2.6M
Balance sheet strength
Cash
£933k
Cash in the bank
Profit Before Tax
£1.9M
Bottom line earnings
Net Current Assets
£9.8M
Working capital
Current Assets
£10.5M
Current Liabilities
£689k
Fixed Assets
£781k
Debtors
£8.0M
Admin Expenses
£2.3M
Profit After Tax
£1.8M
Tax at Year End(2024)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 15.27 | +£1.8M |
| 2024 | 16.16 | — |
Derived from filed accounts. Not audited figures.