CARDO (SOUTH) LIMITED
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Cash
£3.3m
-39.9% vs 2025
Net assets
£12m
+82.4% highest in 4 filed years
Employees
433
+49.8% highest in 4 filed years
Profit before tax
£7.1m
+106% highest in 4 filed years
Net assets
4-year trend · vs Real Estate median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2026-02-28
| Metric | Trend | 2023-03-31 | 2024-02-29 | 2025-02-28 | 2026-02-28 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £62,805,016 | £52,633,726 | £69,376,188 | £117,142,230 | +68.9% | |
| Operating profit | -£319,072 | £1,005,784 | £3,463,324 | £7,166,766 | +106.9% | |
| Profit before tax | -£319,072 | £1,003,776 | £3,451,678 | £7,109,148 | +106% | |
| Net profit | -£482,343 | £818,190 | £2,536,445 | £5,242,921 | +106.7% | |
| Cash | £19,510 | £5,019,388 | £5,512,184 | £3,315,474 | -39.9% | |
| Total assets less current liabilities | £3,006,138 | £3,824,328 | £7,061,827 | £13,287,258 | +88.2% | |
| Net assets | — | £3,824,328 | £6,360,773 | £11,603,694 | +82.4% | |
| Equity | £3,006,138 | £3,824,328 | £6,360,773 | £11,603,694 | +82.4% | |
| Average employees | 217 | 239 | 289 | 433 | +49.8% | |
| Wages | £14,535,275 | £10,756,834 | £10,496,757 | £17,800,900 | +69.6% | |
| Directors' remuneration | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-03-31 | 2024-02-29 | 2025-02-28 | 2026-02-28 |
|---|---|---|---|---|---|
| Operating margin | -0.5% | 1.9% | 5.0% | 6.1% | |
| Net margin | -0.8% | 1.6% | 3.7% | 4.5% | |
| Return on capital employed | -10.6% | 26.3% | 49.0% | 53.9% | |
| Gearing (liabilities / total assets) | — | 78.3% | 74.7% | 69.8% | |
| Current ratio | — | 1.27x | 1.34x | 1.27x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- CARDO (SOUTH) LIMITED 2024-03-04 → present
- OSBORNE PROPERTY SERVICES LIMITED 2006-03-24 → 2024-03-04
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Xeinadin Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “In addition to the trade with new and existing customers, the company also acquired the assets of Breyer Group's Roofing Division in April 2025 and Gunfire Limited, a specialist provider of passive fire protection services in January 2026.”
- “During the current financial year ending 28 February 2027, Cardo (Central) Limited will be integrated with Cardo (South) Limited to create one trading entity in the Group for the South and Central region.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 19 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BEVAN, Liam Christopher | Director | 2023-09-01 | Feb 1987 | British |
| CREWE, Alexander | Director | 2024-01-23 | Jun 1989 | British |
| NELSON, Jane | Director | 2023-09-01 | Jul 1959 | British |
Show 19 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FERNANDEZ, John | Secretary | 2022-03-24 | 2023-03-10 |
| HAMMOND, Stuart | Secretary | 2013-06-01 | 2016-09-23 |
| HATTON, Thomas David Michael | Secretary | 2006-03-27 | 2013-05-31 |
| LONDON LAW SECRETARIAL LIMITED | Corporate Nominee Secretary | 2006-03-24 | 2006-03-24 |
| BAILEY, Carol | Director | 2017-04-26 | 2020-07-31 |
| DUFF, Peter Edward | Director | 2022-09-20 | 2023-09-01 |
| FISON, David Gareth | Director | 2013-06-14 | 2015-04-02 |
| FORDHAM-LEWIS, Vicky | Director | 2023-09-07 | 2024-03-31 |
| HAMMOND, Stuart | Director | 2016-09-23 | 2022-09-19 |
| LIDDLE, Stephen | Director | 2006-03-31 | 2012-11-19 |
| OSBORNE, Andrew Simon Charles | Director | 2021-12-02 | 2023-09-01 |
| OSBORNE, Andrew Simon Charles | Director | 2006-03-27 | 2012-07-02 |
| SHEPHERD, Gordon Bruce | Director | 2012-11-19 | 2016-09-23 |
| SHEPHERD, Gordon Bruce | Director | 2012-07-02 | 2012-11-16 |
| SMITH, David Gordon, Mr. | Director | 2021-12-02 | 2023-09-01 |
| STEELE, Andrew Philip | Director | 2015-04-02 | 2021-11-30 |
| STERLING, Nicholas John | Director | 2013-06-14 | 2018-07-24 |
| TAYLOR, Mark David | Director | 2016-10-31 | 2023-02-21 |
| LONDON LAW SERVICES LIMITED | Corporate Nominee Director | 2006-03-24 | 2006-03-24 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Cardo Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2023-09-01 | Active |
| Geoffrey Osborne Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2023-09-01 |
Filing timeline
Last 20 of 119 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-03-04 CERTNM Certificate change of name company PDF
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-10 | AA | accounts | Accounts with accounts type full | |
| 2026-06-02 | CH01 | officers | Change person director company with change date | |
| 2026-04-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-04-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-22 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-10-17 | AA | accounts | Accounts with accounts type full | |
| 2025-06-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-06-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-06-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-06-18 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-04-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-15 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-10-10 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-07-19 | AA | accounts | Accounts with accounts type full | |
| 2024-05-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-04 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-02-07 | AA01 | accounts | Change account reference date company current shortened | |
| 2024-01-23 | AP01 | officers | Appoint person director company with name date | |
| 2024-01-15 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.