CADRO TECHNOLOGIES LIMITED

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

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

  +171.3%

  £185,479 → £503,205

• Cash

  -42.7%

  £1,795,173 → £1,028,232

• Net assets

  -12.1%

  £2,778,477 → £2,442,873

• Employees

  +21.4%

  14 → 17

  highest in 3 filed years

• Operating profit

  -42.2%

  -£1,721,531 → -£2,448,144

  lowest in 3 filed years

• Profit before tax

  -42.8%

  -£1,702,574 → -£2,430,434

  lowest in 3 filed years

• Wages

  +72.9%

  £877,363 → £1,517,094

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

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. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

1. CADRO TECHNOLOGIES LIMITED 2022-11-14 → present
2. WELLROSE TECHNOLOGIES LIMITED 2021-07-07 → 2022-11-14
3. WELROSE LIMITED 2019-01-30 → 2021-07-07

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Burgess Hodgson LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Since period end, the directors have secured additional capital and are in advanced discussions with numerous investors. Based on this, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, therefore the company continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. CADRO TECHNOLOGIES LIMITED · parent
   1. Cadro Capital Ltd 100% · United Kingdom

Significant events

• “Turnover increased by 171% to £503,205 (2024: £185,479), reflecting growing client engagement and service adoption.”
• “Substantial investment in its mobile application development and team expansion contributed to a reported loss before tax of £2,430,434 (2024: £1,702,574).”
• “The Company's performance was recognised externally, achieving the distinction of being named Global Private Banker for Best Client Insights Initiative by the Global Private Banker WealthTech Awards 2025.”
• “The company will continue to innovate its tech-based offerings and expand, in time, into other services not currently provided and new markets.”

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

Filings

20

last 12 months

Capital events

14

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.