CARDO (WALES & WEST) LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +17%

  £50,303,772 → £58,871,729

  highest in 4 filed years

• Cash

  -9.4%

  £2,319,055 → £2,101,939

  lowest in 4 filed years

• Net assets

  +44%

  £7,322,907 → £10,542,129

  highest in 4 filed years

• Employees

  -31.1%

  392 → 270

• Operating profit

  +123.4%

  £1,633,849 → £3,649,575

  highest in 4 filed years

• Profit before tax

  +134.6%

  £1,481,469 → £3,476,095

  highest in 4 filed years

• Wages

  -5.9%

  £12,423,029 → £11,684,034

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. CARDO (WALES & WEST) LIMITED 2025-01-23 → present
2. LCB GROUP HOLDINGS LIMITED 2023-05-31 → 2025-01-23
3. LCB CONSTRUCTION LIMITED 2012-02-27 → 2023-05-31

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Xeinadin Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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 its first full year as part of the Cardo Group of companies, the business has continued to grow its operations into new geographical locations and has developed relationships with new and existing clients.”
• “The Cardo Group have also made some acquisitions during the current year under review and some of these acquisitions have been hived down into the company due to its geographical footprint and relationship with their existing client base.”
• “FY25 has seen the company renew several of its frameworks/contracts, typically for a further 3-4 years. During the period, the company has also been awarded multiple new frameworks/contracts.”
• “The company has continued to invest in people, employing further 'in house' operatives, in lieu of a reliance on using sub-contractors.”
• “Steps taken in the last year to employ personnel with reputable and experienced backgrounds and the investment in several new posts across the business to support organic growth expected in the coming years, has contributed to the expected growth in Net Profit before tax.”
• “Within the period, the company has continued to invest in its own IT systems, within the Group environment.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.