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Cardea Resourcing Limited

07108893

active
Private Limited Company
england wales
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

MERCURY PLACE, LEICESTER, LE1 1QG
Incorporated 18/12/2009

Compliance

Last accounts

30/11/2024

audit exemption subsidiary

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 07/02/2026

Due 21/02/2027

On track

Industry

88990
Other social work activities without accommodation

Officers

Mr Paul Alexander Ross

director · Since 18/12/2009

CEO

BRITISH · UNITED KINGDOM · Age 64

Also on 3 other boards

Mr Sadeq Rahman

secretary · Since 28/11/2019

Mr Tim Sutcliffe

director · Since 21/06/2023

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Persons with Significant Control

Barker Ross Group Limited

75–100% shares
75–100% votes
Appoint directors

Mercury Place, 11 St. George Street, Leicester, LE1 1QG

Reg: 08406011 · Companies House · Limited Company

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

HSBC BANK PLC

Created 10/06/2011Registered 11/06/2011
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 07/12/2010Registered 09/12/2010Satisfied 30/11/2023
charge
outstanding

HSBC BANK PLC

Created 15/07/2010Registered 16/07/2010

CompanyRankvs 6199+ SIC 88990 peers
28

Financial strength2th percentile among SIC peers · 1/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

working capital position. Based on continued profitability, improving working capital position and available finance, the director considers that the Company has the ability to continue as a going concern for the next 12 months and therefore the accounts are prepared on a going concern basis. On the 6 February 2023, £1,877,871 owed to the Parent undertaking was capitalised and the debt was exchang

Key FinancialsYear ending 30/11/2022

Net Worth

-£2.0M

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£2.0M

Working capital

Current Assets

£205k

Current Liabilities

£2.2M

Fixed Assets

£4k

Debtors

£195k

72avg. employees-14

Tax at Year End

Corp tax£43
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent RatioImplied Profit
20220.09+£144k
20210.26+£75k
20190.16

Derived from filed accounts. Not audited figures.