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Cable Systems Limited

01650681

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

VOTEC HOUSE, NEWBURY, RG14 5TN
Incorporated 13/07/1982

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46690
Wholesale of other machinery and equipment

Officers

Mr Leo Yu

secretary · Since 01/02/2025

Also on 21 other boards

Mr Steven Westbrook

director · Since 01/02/2025

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 70

Also on 14 other boards

Mr Leo Yu

director · Since 01/02/2025

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 21 other boards

Persons with Significant Control

Mr Steven Westbrook

Significant control

British · England · Age 70

Votec House, Hambridge Lane, Newbury, RG14 5TN

Notified 01/02/2025

Mr Leo Yu

Significant control

British · England · Age 42

Votec House, Hambridge Lane, Newbury, RG14 5TN

Notified 01/02/2025

Newbury Investments (Uk) Ltd

75–100% shares

Votec House, Hambridge Lane, Newbury, RG14 5TN

Reg: 02533036 · Companies House Uk · Limited Company

Notified 01/02/2025

Former PSCs

David Jonathan Rigby

Ceased 01/02/2025

Mrs Helen Lesley Rigby

Ceased 01/02/2025

Charges0 outstanding

Charge
satisfied

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satisfied

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Created 12/06/2012Registered 15/06/2012Satisfied 22/10/2014
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satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 31/05/2012Registered 08/06/2012Satisfied 02/12/2015
charge
satisfied

HSBC BANK PLC

Created 22/09/2000Registered 29/09/2000Satisfied 19/09/2014
charge
satisfied

MIDLAND BANK PLC

Created 08/04/1993Registered 19/04/1993Satisfied 17/09/2014
charge
satisfied

MIDLAND BANK PLC

Created 08/11/1991Registered 16/11/1991Satisfied 17/09/2014
charge
satisfied

MIDLAND BANK PLC

Created 13/11/1991Registered 14/11/1991Satisfied 17/09/2014
charge
satisfied

MIDLAND BANK PLC

Created 08/02/1991Registered 16/02/1991Satisfied 17/09/2014
charge
satisfied

MIDLAND BANK PLC

Created 20/08/1985Registered 27/08/1985Satisfied 17/09/2014

CompanyRankvs 1420+ SIC 46690 peers
87

Financial strength93th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.4× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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 31/12/2024

Net Worth

£1.6M

Balance sheet strength

Cash

£59k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£2.6M

Current Liabilities

£1.1M

Fixed Assets

£143k

Debtors

£1.3M

25avg. employees+2

Balance Sheet

Intangible assets£8k
Assets less current liabilities£1.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.40+£139k
20231.88+£311k
20222.08+£87k
20212.60+£56k
20202.22+£36k
2019154.73-£6k
20181.81+£167
20171.72

Derived from filed accounts. Not audited figures.