Cardinal Home Improvements Ltd
12102548
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/08/2022
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 42
Also on 3 other boards
director · Since 01/08/2022
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 55
Also on 5 other boards
Persons with Significant Control
Rapid Frame Limited
Units 6- 10, Holly Lane, Walsall, WS6 6BD
Reg: 03580872 · England · Limited Company
Notified 30/06/2022
Former PSCs
Mr Andrew Stephen Battye
Ceased 24/08/2020
Mr Sean Michael Battye
Ceased 30/06/2022
CompanyRankvs 22816+ SIC 43290 peers23
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/12/2025
Net Worth
-£352k
Balance sheet strength
Cash
£17k
Cash in the bank
Net Current Assets
-£358k
Working capital
Current Assets
£90k
Current Liabilities
£449k
Fixed Assets
£10k
Debtors
£11k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.20 | +£0 |
| 2025 | 0.20 | -£60k |
| 2024 | 0.28 | -£93k |
| 2023 | 0.11 | -£62k |
| 2022 | 0.37 | — |
| 2022 | 0.89 | — |
| 2021 | 1.16 | — |
Derived from filed accounts. Not audited figures.