Cubetag Ltd

Cubetag Ltd, based in London, UK, is a small, active company founded sixteen years ago in 2008. With five employees and £931,552 in assets, it operates from a real address and is led by a single director and owner, who is also the solo founder. It has a stellar 5.0 Google rating based on one review. The company regularly imports machinery, boilers, and mechanical appliances—parts, totaling 222 months of import activity, with the most recent in December 2024. It also exports electrical machinery and equipment, with eighteen months of export activity, the last in March 2023.

Cubetag Ltd’s website is minimal, offering little insight into its operations beyond a listing on Companies House. It appears to operate in the retail sale via mail order houses or via internet industries. There’s no e-commerce presence or detailed product catalog visible, suggesting a business-to-business model or a more specialized approach.

Financially, Cubetag Ltd shows some concerning trends. Current assets have fallen by a significant 34%, dropping to £930,000, while net assets have plummeted 63%, ending at £220,000. Cash reserves have also taken a hit, falling 91% to just £14,000. Bank borrowings have increased, and trade debtors have decreased. While creditors have also decreased, the overall picture suggests a company struggling to maintain its financial health. 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 likely exempt from an audit, so the figures are unaudited.

The sharp decline in assets and cash reserves, combined with the increase in borrowings, indicates that Cubetag Ltd may be burning through money. The decrease in trade debtors suggests improved collection practices, but the overall trend is one of financial pressure. Whether this is a temporary setback or a longer-term challenge remains to be seen, but it warrants close monitoring.

Registered in England/Wales under the registration number 06606067, with a registered address at SW15 2DD, England, London, 131 Upper Richmond Road, Tileman House.

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