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Cable Grips (Minehead) Limited

02567539

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

UNITS 1A & 1B, MINEHEAD, TA24 5BJ
Incorporated 11/12/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products

Officers

Mr Christian Staehr

director · Since 28/10/2015

MANAGING DIRECTOR

GERMAN · GERMANY · Age 56

Persons with Significant Control

Katimex Cielker Gmbh

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

Bahnhofstr. 50, D54584 Junkerath

Reg: Ag Hrb 32008 · Handelsregister · Gmbh

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/12/2011Registered 15/12/2011Satisfied 08/09/2024

CompanyRankvs 656+ SIC 25990 peers
82

Financial strength80th percentile among SIC peers · 20/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 6.3× · 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 strength20/25 pts

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

Employees12/15 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

£520k

Balance sheet strength

Cash

£212k

Cash in the bank

Net Current Assets

£323k

Working capital

Current Assets

£384k

Current Liabilities

£61k

Fixed Assets

£201k

Debtors

£97k

12avg. employees+1

Balance Sheet

Assets less current liabilities£524k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20246.30+£67k
20232.09-£151k
202212.10+£37k
20214.78

Derived from filed accounts. Not audited figures.