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P.V.C. Cables Ltd

03125850

active
ltd
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
61 / 100

Some Concerns

25/30
Filing
20/30
Financial
16/40
Risk
  • No accounts filed in last 18 months (-5)
  • Active insolvency proceedings (-20)
  • 2 outstanding charges (-4)

Details

8 Bassington Drive, Bassington Industrial Estate, Cramlington, NE23 8AL
Incorporated 14/11/1995

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 12/11/2025

Due 26/11/2026

On track

Industry

46900
Non-specialised wholesale trade

Officers

Mr Martin Varley

director · Since 14/11/1995

SALES DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 1 other board

Martin Varley

director · Since 14/11/1995

British · United Kingdom · Age 72

Former

Rm Nominees Limited

corporate nominee director · Resigned 14/11/1995

Rm Registrars Limited

corporate nominee secretary · Resigned 14/11/1995

Stephen Alexander Palmer

director · Resigned 06/08/1996

Martin Varley

secretary · Resigned 27/10/1997

Margaret Ann Varley

secretary · Resigned 20/08/2024

Persons with Significant Control

Mr Martin Varley

25–50% shares

British · United Kingdom · Age 72

8, Bassington Drive, Cramlington, NE23 8AL

Notified 10/05/2016

Charges2 outstanding

Charge
outstanding

4SYTE LTD

Created 11/08/2021Registered 20/08/2021
charge
outstanding

BARCLAYS BANK PLC

Created 22/07/1998Registered 08/08/1998

Insolvency History1 case

corporate voluntary arrangement

Ian William Kings (practitioner)

Change History

officer appointedVARLEY, Martin
2026-08-21
statusactive
2026-08-21

Active

typeltd
2026-08-21

Private Limited Company

address line18 Bassington Drive
2026-08-21

8 BASSINGTON DRIVE

post townCramlington
2026-08-21

CRAMLINGTON

CompanyRankvs 6048+ SIC 46900 peers
45

Financial strength42th percentile among SIC peers · 11/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength11/25 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.

Liquidity12/20 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.

Risk deductions

Outstanding charges: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£283

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£337k

Current Liabilities

£327k

Fixed Assets

£371

Debtors

£154k

3avg. employees

Tax at Year End

Corp tax£67k

Director Loans

Directors owe company£14k

Balance Sheet

Assets less current liabilities£10k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent Ratio
20241.03
20231.10

Derived from filed accounts. Not audited figures.