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M J Ardolino & Son Ltd

13710117

active
Private Limited Company
wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

GLENDALE, LLANDOVERY, SA20 0TT
Incorporated 28/10/2021

Compliance

Last accounts

31/10/2024

unaudited abridged

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 27/10/2025

Due 10/11/2026

On track

Industry

02400
Support services to forestry

Officers

Mr Michael John Ardolino

director · Since 28/10/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Mr Steven Anthony John Ardolino

director · Since 28/10/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Persons with Significant Control

Mr Michael John Ardolino

25–50% shares
25–50% votes

British · United Kingdom · Age 65

Glendale, Cilycwm Road, Llandovery, SA20 0TT

Notified 28/10/2021

Mr Steven Anthony John Ardolino

25–50% shares
25–50% votes

British · United Kingdom · Age 37

Glendale, Cilycwm Road, Llandovery, SA20 0TT

Notified 28/10/2021

Charges1 outstanding

Charge
outstanding

DEUTSCHE LEASING (UK) LTD

Created 21/01/2022Registered 21/01/2022

CompanyRankvs 1610+ SIC 02400 peers
21

Financial strength2th percentile among SIC peers · 1/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees8/15 pts

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

Liquidity2/20 pts

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

Longevity5/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2025

Net Worth

-£120k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£467k

Working capital

Current Assets

£37k

Current Liabilities

£504k

Fixed Assets

£475k

Debtors

£10k

2avg. employees

Balance Sheet

Assets less current liabilities£8k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.07+£22k
20240.05-£21k
20230.09

Derived from filed accounts. Not audited figures.