Back to search

Cable Connections Ltd

10383923

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

19 UNIT 19 CHALLENGE ENTERPRISE CENTRE SHARPS CLOSE, PORTSMOUTH, PO3 5RJ
Incorporated 19/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Gary Robert Madgwick

director · Since 19/09/2016

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Miss Kelly Sellwood

secretary · Since 10/01/2022

Persons with Significant Control

Mr Gary Robert Madgwick

75–100% shares
75–100% votes
Appoint directors

British · England · Age 44

Unit 11, Challenge Enterprise Centre, Portsmouth, PO3 5RJ

Notified 19/09/2016

CompanyRankvs 4622+ SIC 43210 peers
80

Financial strength98th percentile among SIC peers · 25/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.94× · 16/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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.

Employees14/15 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.

Longevity10/15 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£943k

Balance sheet strength

Cash

£334k

Cash in the bank

Net Current Assets

£701k

Working capital

Current Assets

£1.4M

Current Liabilities

£742k

Fixed Assets

£534k

Debtors

£769k

7avg. employees-1

Balance Sheet

Assets less current liabilities£1.2M

EstimatesDerived

YearCurrent RatioImplied Profit
20241.94+£352k
20231.61

Derived from filed accounts. Not audited figures.