Nardo Developments Limited
11695549
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/11/2018
MOTOR RACING DRIVER
BRITISH · UNITED KINGDOM · Age 35
Also on 12 other boards
Persons with Significant Control
Mr Max Alexander Chilton
British · United Kingdom · Age 35
Aldermary House, 10-15 Queen Street, London, EC4N 1TX
Notified 26/11/2018
Charges0 outstanding
SECURE TRUST BANK PLC
CompanyRankvs 62819+ SIC 41100 peers40
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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 30/11/2023
Net Worth
-£8k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£7k
Working capital
Current Assets
£848k
Current Liabilities
£855k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.99 | -£4k |
| 2022 | 1.00 | -£6k |
| 2021 | 0.46 | +£142 |
| 2020 | 0.56 | +£421 |
| 2019 | 0.70 | — |
Derived from filed accounts. Not audited figures.