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Cables Britain Limited

02448386

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 6 WATERFALL LANE TRADING, CRADLEY HEATH WARLEY, B64 6PU
Incorporated 01/12/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Michael John Heath

director · Since 24/06/1992

SALES MANAGER

BRITISH · ENGLAND · Age 61

Mrs Susan Elaine Heath

director · Since 30/10/1992

ACCOUNT MANAGER

BRITISH · ENGLAND · Age 61

Also on 3 other boards

Mrs Susan Elaine Heath

secretary · Since 31/03/1997

ACCOUNT MANAGER

BRITISH · ENGLAND · Age 61

Also on 3 other boards

Persons with Significant Control

Mr Michael John Heath

75–100% shares
75–100% votes
Appoint directors

British · England · Age 61

Unit 6 Waterfall Lane Trading, Estate Waterfall Lane, Cradley Heath Warley, B64 6PU

Notified 06/04/2016

Mrs Susan Elaine Heath

25–50% votes

British · England · Age 61

Unit 6 Waterfall Lane Trading, Estate Waterfall Lane, Cradley Heath Warley, B64 6PU

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 24/03/2006Registered 04/04/2006Satisfied 27/07/2022
charge
satisfied

LLOYDS TSB BANK PLC

Created 31/05/2001Registered 12/06/2001Satisfied 20/07/2022
charge
satisfied

LLOYDS BANK PLC

Created 14/02/1996Registered 16/02/1996Satisfied 27/07/2022

CompanyRankvs 806+ SIC 46900 peers
86

Financial strength92th percentile among SIC peers · 23/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.45× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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806Cables Britain Limited
86
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.

Employees13/15 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 31/03/2025

Net Worth

£863k

Balance sheet strength

Cash

£324k

Cash in the bank

Net Current Assets

£827k

Working capital

Current Assets

£1.4M

Current Liabilities

£569k

Fixed Assets

£46k

Debtors

£420k

7avg. employees

Balance Sheet

Intangible assets£39k
Assets less current liabilities£873k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.45-£81k
20242.46+£71k
20232.38—

Derived from filed accounts. Not audited figures.