Direct Cable Systems Limited
03409274
Some Concerns
- No accounts filed in last 18 months (-5)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/03/2026
BRITISH · UNITED KINGDOM · Age 48
Also on 55 other boards
Persons with Significant Control
Midwich Limited
Midwich Limited, Vinces Road, Diss, IP22 4YT
Reg: 01436289 · Registrar Of Companies For England And Wales · Private Limited Company
Notified 02/10/2024
Former PSCs
David Spanbok
Ceased 02/10/2024
Giselle Spanbok
Ceased 02/10/2024
Charges1 outstanding
HSBC CORPORATE TRUSTEE COMPANY (UK) LIMITED AS SECURITY AGENT
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 2410+ SIC 26400 peers60
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2023
Net Worth
£2.5M
Balance sheet strength
Cash
£1.3M
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£1.5M
Fixed Assets
£94k
Debtors
£1.4M
Tax at Year End(2022)
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | — | +£814k |
| 2022 | — | +£1.0M |
| 2020 | 2.11 | -£374k |
| 2019 | 1.82 | — |
Derived from filed accounts. Not audited figures.