Cable Cuts Limited

Cable Cuts Limited, based in Alloa, UK, is a small, active company founded five years ago. Despite a solid 5.0 Google rating from eight reviews, the business is facing some financial headwinds, with accounts overdue for a year and confirmation overdue by eleven months. Employing just four people, the company holds £31,635 in assets and operates from a real address, managed by one director and two owners, with a solo founder at the helm.

Cable Cuts Limited primarily operates in the retail sale via mail order houses or via internet industries, acting as a specialist electrical cable equipment supplier. Its website, cableservices.co.uk, showcases a comprehensive range of products, from cable cleats and glands to fuses and feeders, catering to various sectors including utilities, EV charging, and oil & gas. The site emphasizes a total solution provider approach, offering training services and even a custom-built cutting and kitting operation. The company boasts five UK branches and a growing international presence.

Financially, Cable Cuts Limited’s performance is mixed. While current assets increased by 97% to £32,000, a significant drop in cash bank on hand – down 32% to £1,400 – suggests potential liquidity issues. Trade debtors have vanished completely, which is unusual. Creditors, however, have increased substantially by 110% to £27,000, and property, plant, and equipment has decreased by 15%. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the drop in equity raises questions. No auditor is mentioned, as the company is likely exempt due to its size.

Overall, Cable Cuts Limited appears to be navigating a challenging period, with a focus on maintaining its position as a specialist supplier while managing its finances.

Registered in Scotland under the registration number SC628262, with a registered address at FK10 1RX, United Kingdom, Alloa, Unit 1 Alloa Trade Centre, Bruce Street.

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