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Minicabit Technologies Limited

05318399

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

SUITE 1, THE GLOBE CENTRE ST. JAMES SQUARE, ACCRINGTON, BB5 0RE
Incorporated 21/12/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Peter John Slater

director · Since 12/02/2024

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 10 other boards

Mr Daniel Mark Kennedy

director · Since 27/02/2026

BRITISH · ENGLAND · Age 53

Also on 14 other boards

Mr Matthew James Ratcliffe

director · Since 27/02/2026

BRITISH · ENGLAND · Age 39

Also on 13 other boards

Persons with Significant Control

Cabline National Holdings Limited

75–100% shares
75–100% votes

Suite 1, The Globe Centre, St. James Square, Accrington, BB5 0RE

Reg: 07690295 · England And Wales · Limited

Notified 30/06/2016

Charges0 outstanding

Charge
satisfied

BARCLAYS BANK PLC AS LENDER

Created 09/05/2023Registered 11/05/2023Satisfied 13/02/2024
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 18/11/2019Registered 04/12/2019Satisfied 13/02/2024
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 11/05/2007Registered 15/05/2007Satisfied 27/11/2008

CompanyRankvs 6378+ SIC 82990 peers
76

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.8× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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6378Minicabit Technologies Limited
82
How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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

Going concern doubt: -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. Other information The directors are responsible for the other inform

Key FinancialsYear ending 30/11/2018

Turnover

£11.5M

Annual revenue

Net Worth

£2.0M

Balance sheet strength

Cash

£1.7M

Cash in the bank

Profit Before Tax

£1.1M

Bottom line earnings

Net Current Assets

£1.9M

Working capital

Current Assets

£4.2M

Current Liabilities

£2.3M

Fixed Assets

£144k

Debtors

£2.6M

Cost of Sales

£9.0M

Gross Profit

£2.4M

Admin Expenses

£1.3M

Operating Profit

£1.1M

Profit After Tax

£910k

48avg. employees

Tax at Year End

Corp tax£27k
Dividends paid£600k

People Costs

Wages & salaries£856k
NI contributions£63k

Balance Sheet

Intangible assets£125k
Assets less current liabilities£2.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20181.80

Derived from filed accounts. Not audited figures.