Back to search

Ardmore Major Projects Ltd

11940501

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

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

Details

6 WHARF STUDIOS, LONDON, N1 7GR
Incorporated 11/04/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Cormac James Byrne

director · Since 11/04/2019

COMPANY DIRECTOR

IRISH · UNITED KINGDOM · Age 74

Persons with Significant Control

Ardmore Construction Group Ltd

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

6 Wharf Studios, 28 Wharf Road, London

Reg: 11890551 · Companies House · Private Limited Company

Notified 11/04/2019

CompanyRankvs 59828+ SIC 41202 peers
23

Financial strength0th percentile among SIC peers · 0/25
Employees33th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength0/25 pts

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

Employees5/15 pts

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

Liquidity6/20 pts

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

Longevity7/15 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

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

Going Concern Doubt

review and outlook, together with a description of the Company's financial risk management objectives and policies. See note 1.2 for disclosure of a material uncertainty relating to going concern. No ordinary dividends were paid. The director does not recommend payment of a final dividend. Directors The director s who held office during the year and up to the date of signature of

Key FinancialsYear ending 30/09/2024

Net Worth

-£34.2M

Balance sheet strength

Cash

£9.7M

Cash in the bank

Profit Before Tax

-£29.3M

Bottom line earnings

Net Current Assets

-£2.8M

Working capital

Current Assets

£24.5M

Current Liabilities

£27.3M

Debtors

£4.4M

Admin Expenses

£5.3M

Profit After Tax

-£29.3M

1avg. employees-61

People Costs

Wages & salaries£6.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.90-£29.3M
20231.36-£5.3M
20221.11

Derived from filed accounts. Not audited figures.