M J Ardolino & Son Ltd
13710117
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Michael John Ardolino
British · United Kingdom · Age 65
Glendale, Cilycwm Road, Llandovery, SA20 0TT
Notified 28/10/2021
Mr Steven Anthony John Ardolino
British · United Kingdom · Age 37
Glendale, Cilycwm Road, Llandovery, SA20 0TT
Notified 28/10/2021
Charges1 outstanding
DEUTSCHE LEASING (UK) LTD
CompanyRankvs 1604+ SIC 02400 peers21
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
-£142k
Balance sheet strength
Cash
£9k
Cash in the bank
Net Current Assets
-£442k
Working capital
Current Assets
£23k
Current Liabilities
£464k
Fixed Assets
£573k
Debtors
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.05 | -£21k |
| 2023 | 0.09 | — |
Derived from filed accounts. Not audited figures.