Cardinal Engineering Limited
08226654
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/09/2012
DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 1 other board
director · Since 01/01/2021
DIRECTOR
BRITISH · ENGLAND · Age 41
Also on 1 other board
Persons with Significant Control
Mr Ohiowaobo Ilalokhoin
British · United Kingdom · Age 47
Churchill Court, 3 Manor Royal, Crawley, RH10 9LU
Notified 24/07/2016
CompanyRankvs 22112+ SIC 41100 peers62
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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
£30k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£18k
Working capital
Current Assets
£2k
Current Liabilities
£19k
Fixed Assets
£54k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.09 | +£194 |
| 2023 | 0.66 | -£10k |
| 2022 | 1.06 | +£17k |
| 2021 | 2.33 | — |
Derived from filed accounts. Not audited figures.