Allied Cables Limited

Allied Cables Ltd from Warrington UK is a small, active company founded 37 years ago in 1987. It employs eight people and holds £4,481,323 in assets. With a real address and three directors, including Taylor Georgina as owner, the company operates as a regular importer and exporter of electrical machinery and equipment, with 119 months of import activity and 571 months of export activity recorded.

The company’s website showcases a wide range of products, including cables, accessories, and lighting, catering to both domestic and international markets. It offers a "request a quote" feature and highlights its extensive inventory of over 20,000 products. The site also details export capabilities, suggesting a focus on global reach.

Financially, Allied Cables Ltd presents a mixed picture. Cash bank on hand has seen a significant increase, up 250% to £2.6 million, which is a positive sign. However, trade debtors have decreased dramatically, down 50% to £1.2 million, which could indicate challenges in collecting payments. Prepayments and accrued income have also seen a massive increase, up 2100% to £160,000, a figure that needs further investigation. Despite this, creditors have decreased by 12%, suggesting better management of short-term liabilities. The company’s small size (meeting two of three conditions for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for flexibility, but the large decrease in trade debtors warrants attention. No auditor is mentioned, as is typical for small, exempt companies.

Overall, Allied Cables Ltd appears to be navigating a period of change. The strong cash position is encouraging, but the fluctuating debtor and prepayment figures suggest a need for careful financial monitoring. The company’s established presence in the electrical machinery and equipment sector, combined with its export capabilities, positions it for continued success, but it’s important to keep an eye on those debtor numbers.

Registered in England/Wales under the registration number 02201540, with a registered address at WA5 1AP, Warrington, Cheshire, Allied Works, Liverpool Road.

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