Cable And Splicing Services Limited
04128539
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 03/01/2026
Due 17/01/2027
Industry
Officers
director · Since 20/12/2000
TELECOMMUNICATIONS ENGINEER
BRITISH · UNITED KINGDOM · Age 58
Also on 6 other boards
director · Since 21/08/2025
DIRECTOR
BRITISH · ENGLAND · Age 44
Also on 5 other boards
Persons with Significant Control
Cable And Splicing Services Trustees Limited
Mark Antony Mckinney, Unit 1, Glebe Farm, Warwickshire, CV37 0HB
Reg: 16023880 · Register Of Companies · Private Company Limited By Shares
Notified 29/10/2024
Former PSCs
Mr Mark Antony Mckinney
Ceased 29/10/2024
Charges1 outstanding
LLOYDS BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 105+ SIC 61100 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
political expenditure during the year. FINANCIAL RISK MANAGEMENT The company operations are exposed to a variety of financial risks which are referred to in the company strategic report on page 3. GOING CONCERN The director has made an assessment of the company's ability to continue as a going concern and is satisfied that the company has the resources to continue in business for the foreseeabl
Key FinancialsYear ending 31/12/2024
Turnover
£16.3M
Annual revenue
Net Worth
£11.1M
Balance sheet strength
Cash
£1.0M
Cash in the bank
Profit Before Tax
-£178k
Bottom line earnings
Net Current Assets
£10.0M
Working capital
Current Assets
£12.7M
Current Liabilities
£2.6M
Fixed Assets
£1.3M
Debtors
£11.0M
Cost of Sales
£10.6M
Gross Profit
£5.7M
Admin Expenses
£6.1M
Operating Profit
-£386k
Profit After Tax
-£463k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 4.84 |
Derived from filed accounts. Not audited figures.