Cardo (Wales & West) Limited
07966669
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
21/02/2025
full
Next accounts due
30/11/2026
Confirmation statement
Last: 25/11/2025
Due 09/12/2026
Industry
Officers
director · Since 27/02/2012
CONSTRUCTION
BRITISH · UNITED KINGDOM · Age 39
Also on 36 other boards
director · Since 03/02/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 66
Also on 1 other board
director · Since 23/01/2024
FINANCE DIRECTOR
BRITISH · UNITED KINGDOM · Age 37
Also on 10 other boards
Persons with Significant Control
Cardo Group Limited
Unit 1 & 2, Stuart Close, Cardiff, CF11 8QF
Reg: 09435643 · Companies House Registry · Private Company Limited By Shares
Notified 06/04/2016
Former PSCs
Bp Inv6 Bidco Limited
Ceased 12/05/2023
Charges1 outstanding
GLAS TRUST CORPORATION LIMITED (AND ITS SUCCESSORS IN TITLE AND PERMITTED TRANSFEREES)
GLAS TRUST CORPORATION LIMITED (AS SECURITY AGENT)
HSBC UK BANK PLC AS SECURITY AGENT
HSBC UK BANK PLC (AS SECURITY AGENT)
NATIONAL WESTMINSTER BANK PLC
THE ROYAL BANK OF SCOTLAND PLC
THE ROYAL BANK OF SCOTLAND PLC
THE ROYAL BANK OF SCOTLAND PLC
THE ROYAL BANK OF SCOTLAND PLC
ALDERMORE INVOICE FINANCE, A DIVISION OF ALDERMORE BANK PLC
CompanyRankvs 1964+ SIC 43390 peers65
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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.
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 28/02/2023
Turnover
£35.6M
Annual revenue
Net Worth
£7.2M
Balance sheet strength
Cash
£3.1M
Cash in the bank
Profit Before Tax
£1.5M
Bottom line earnings
Net Current Assets
£6.1M
Working capital
Current Assets
£14.7M
Current Liabilities
£8.6M
Fixed Assets
£3.0M
Debtors
£10.4M
Cost of Sales
£27.7M
Gross Profit
£8.0M
Admin Expenses
£6.4M
Operating Profit
£1.6M
Profit After Tax
£1.1M
Tax at Year End
Director Loans(2021)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2023 | 1.71 | +£1.1M | — |
| 2022 | 1.86 | +£1.6M | — |
| 2021 | 1.79 | +£1.3M | £4.5M |
| 2020 | 1.56 | +£1.2M | — |
| 2019 | 1.38 | — | — |
Derived from filed accounts. Not audited figures.