Cardiotech Limited
14146400
Some Concerns
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/06/2022
DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 8 other boards
Persons with Significant Control
Mr Saadi Al-Syed Hussain
British · England · Age 54
56, Holland Road, London, W14 8BB
Notified 01/06/2022
CompanyRankvs 58771+ SIC 62012 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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2025
Net Worth
-£234k
Balance sheet strength
Cash
£525
Cash in the bank
Net Current Assets
-£234k
Working capital
Current Assets
—
Current Liabilities
£235k
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2025 | +£0 |
| 2025 | -£48k |
| 2024 | -£33k |
Derived from filed accounts. Not audited figures.