Ac Cable Solutions 2024 Ltd

Ac Cable Solutions 2024 Ltd, based in Manchester, UK, is a small holding company with an active status, celebrating 25 years since its founding in 2000. The company employs nine people and holds £1,576,347 in assets, operating from a virtual address – a point to note as eighty-two companies are registered at the same location. It’s managed by two directors and has one owner, although this list may not be exhaustive. The company regularly imports plastics and plastic products (for 43 months) and exports electrical machinery and equipment (for 19 months), with both activities most recently occurring in February 01, 2025.

The company's website showcases a specialized business focused on industrial cable sealing solutions. It doesn't appear to be an e-commerce site in the traditional sense; instead, it functions as a portal for showcasing products and services. The site details a range of sealing systems, grommets, lubricants, and accessories for cables and pipes, catering to various industries. It highlights brands like AC Cable, DuctSeal, and Hawke Transit Systems, suggesting a distribution or reseller model. There's a focus on technical specifications and applications, indicating a business-to-business (B2B) approach rather than direct consumer sales.

Financially, Ac Cable Solutions 2024 Ltd’s numbers present a mixed picture. Current assets have fallen by a significant 33%, dropping to £1,600,000, while net assets have plummeted 79%, leaving just £130,000. Bank borrowings have decreased by 8.3%, settling at £92,000, and cash reserves have increased by a substantial 96%, reaching £94,000. Creditors have also decreased by 11%, which could be a positive sign. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned, likely due to its small size, means the financial statements are unaudited.

Overall, Ac Cable Solutions 2024 Ltd appears to be navigating a challenging financial landscape, with declining assets and net worth. However, the increase in cash reserves and decrease in creditors suggest some improvements in liquidity. The company’s niche focus on industrial cable sealing solutions, combined with its established brand partnerships, could provide a foundation for future stability.

Registered in England/Wales under the registration number 03963792, with a registered address at M2 5GP, United Kingdom, Manchester, Mitchell Charlesworth, 3rd Floor, 44 Peter Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.