Cable Services Limited

Cable Services Ltd, based in Wrexham, UK, is a sizable company with a 20-year history, currently employing 60 people and holding assets valued at £36.8 million. The company, a holding entity, has been active for two decades and generates annual revenue of £48.7 million. It operates from a real address and is overseen by seven directors and a single owner. Cable Services regularly imports and exports electrical machinery and equipment, with 33 months of import activity and 65 months of export activity recorded.

The company’s website paints a picture of a specialist electrical equipment distributor. It’s not an e-commerce site, but rather a B2B supplier catering to a wide range of industries, including utilities, EV charging, industrial, rail, and oil & gas. Cable Services positions itself as a “total solution provider,” offering not just equipment but also training, cutting services, and kitting operations. The website highlights its nationwide presence with five branches and emphasizes its commitment to customer service and expertise.

Financially, Cable Services Ltd appears relatively stable, though some trends warrant attention. Cash bank on hand increased by 22% to £19 million, while turnover revenue grew by 4.1% to £49 million. However, net assets increased by only 34%, and deferred tax liabilities decreased by 12%. While bank borrowings remained steady, administrative expenses increased by 3.2% to £7.3 million. The company’s size (meeting two of three criteria for a large company) allows for flexibility, but the slight increase in expenses could indicate rising operational costs. The accounts were audited by M. D. Coxey and Co. Limited, lending credibility to the reported figures.

Overall, Cable Services Ltd seems to be a well-established player in its market, benefiting from a strong reputation and a broad customer base. While the financial picture isn't dramatically changing, the company's continued success will likely depend on maintaining its competitive edge and adapting to evolving industry demands.

Registered in England/Wales under the registration number 05174041, with a registered address at LL13 9PS, Wales, Wrexham, Bridge House Bridge Road, Wrexham Industrial Estate.

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