Clyde Cable Supplies Limited

Clyde Cable Supplies Ltd from Greenock UK: a small, active company founded seven years ago, employs ten people, and holds £1,996,650 in assets. It operates from a virtual address, has three directors, and two owners, and boasts a stellar 5.0 Google rating based on seven reviews. The company is an irregular importer of electrical machinery and equipment, with just one month of imports recorded.

The company’s website highlights its role as a wholesale supplier of electrical and power cables, catering to a wide range of industries including building construction, street lighting, and renewable energy. They offer an extensive product range, including various cable types and accessories, and emphasize a trusted supply chain with 50 years of industry knowledge. They provide services like quick quote turnarounds, fast cable cutting, and nationwide delivery, and even offer collection services. The company operates from 3 Dunns Wood Road, Cumbernauld, and provides contact details including phone numbers and an email address.

Financially, Clyde Cable Supplies Ltd presents a mixed picture. While cash bank on hand has increased dramatically by 300% to £180,000, current assets have decreased by 4.4% to £2,000,000. Bank borrowings have been eliminated, a positive sign, but creditors have decreased by 14% to £170,000. Equity has seen a substantial increase of 250% to £330,000, and net assets have also increased significantly. The company's small size—meeting two of three conditions for being a small company—allows for agility, but the decrease in current assets could indicate a slowdown in sales. No auditor is mentioned, which is common for small, exempt companies.

Overall, Clyde Cable Supplies Ltd appears to be navigating a period of change. The increase in equity and cash reserves suggests a strengthening financial position, but the decrease in current assets warrants close monitoring. The company’s focus on providing a comprehensive range of cables and its commitment to customer service position it well for continued success.

Registered in Scotland under the registration number SC583150, with a registered address at PA16 8BG, United Kingdom, Greenock, 73 Union Street.

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