Cardinal Asset Management Limited
04682616
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
unaudited abridged
Next accounts due
30/09/2026
Confirmation statement
Last: 04/12/2025
Due 18/12/2026
Industry
Officers
director · Since 28/02/2003
DIRECTOR
IRISH · IRELAND · Age 68
Also on 1 other board
Persons with Significant Control
Nicholas John Corcoran
Irish · Ireland · Age 58
New Broadstreet House 35, New Broad Street, London, ECNM 1NH
Notified 06/04/2016
Nigel D'Alton Mcdermott
Irish · Ireland · Age 68
New Broad Street House 35, New Broad St, London, EC2M 1NH
Notified 06/04/2016
CompanyRankvs 5230+ SIC 66190 peers35
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£261k
Balance sheet strength
Cash
£10k
Cash in the bank
Net Current Assets
-£261k
Working capital
Current Assets
£151k
Current Liabilities
£412k
Fixed Assets
£0
Debtors
£141k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.37 | -£578k |
| 2023 | 0.32 | +£638k |
| 2022 | 0.26 | -£3.0M |
| 2021 | 12.12 | -£38k |
| 2020 | 24.94 | -£10k |
| 2019 | 28.72 | — |
Derived from filed accounts. Not audited figures.