Cabletime Limited

Cabletime Limited, based in Newbury, UK, is a small, active company established 23 years ago in 2001. With 17 employees and £2,615,349 in assets, it operates from a real address and is managed by two directors and two owners. The company runs an e-commerce site specializing in computer accessories. It regularly imports and exports electrical machinery and equipment, with 36 months of recorded activity.

The company’s website, Cabletime, positions itself as a supplier and manufacturer of USB cables, docking stations, hubs, and other computer accessories. It offers a wide range of products, from basic cables to advanced docking solutions, catering to both individual consumers and businesses. The site highlights free shipping over £20, a 24-month warranty, and a 30-day money-back guarantee—all aimed at building customer confidence. It also has a blog with helpful articles on topics like using SD cards on iPhones and optimizing laptop setups.

Financially, Cabletime Limited shows a mixed picture. While current assets increased by 31%, to £2,600,000, net assets grew by a substantial 46%, reaching £2,000,000. Trade debtors have ballooned by 120%, to £1,100,000, which could indicate increased sales but also potential issues with collecting payments. Bank borrowings decreased by 3.4%, to £60,000, and cash reserves fell 30%, to £28,000. It's worth noting that the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's exempt from a full audit, so the figures are unaudited. The company’s average number of employees has decreased by 24%, to 13, which may reflect efforts to streamline operations.

Overall, Cabletime Limited appears to be a growing business with a solid online presence, but the increase in trade debtors warrants closer monitoring. The company’s ability to manage its cash flow and continue its growth trajectory will depend on its success in collecting payments and maintaining a lean operational structure.

Registered in England/Wales under the registration number 04293272, with a registered address at WC1N 2BF, England, London, Suite 3, Part 4th Floor Bedford House, 21a John Street.

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