Cables Direct Limited
02819039
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 30/05/2026
Due 13/06/2027
Industry
Officers
Persons with Significant Control
Cms Distribution Limited
2nd Floor, 15, Worship Street, London, EC2A 2DT
Reg: 02214562 · Companies House · Private Limited Company
Notified 21/03/2023
Former PSCs
Mr Christopher Andrew Warne
Ceased 21/03/2023
Charges1 outstanding
BARCLAYS BANK PLC (AS SECURITY AGENT)
THE ROYAL BANK OF SCOTLAND PLC
CompanyRankvs 105+ SIC 46510 peers70
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
or - the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. However, not all future events or conditions can be predicted. The C
Key FinancialsYear ending 31/08/2020
Turnover
£11.8M
Annual revenue
Net Worth
£5.0M
Balance sheet strength
Cash
£968k
Cash in the bank
Profit Before Tax
£158k
Bottom line earnings
Net Current Assets
£4.9M
Working capital
Current Assets
£5.8M
Current Liabilities
£862k
Fixed Assets
£27k
Debtors
£2.0M
Cost of Sales
£8.3M
Gross Profit
£3.4M
Admin Expenses
£3.3M
Operating Profit
£152k
Profit After Tax
£127k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2020 | 6.73 |
Derived from filed accounts. Not audited figures.