Heatsense Cables Limited

Heatsense Cables Ltd from Rochdale UK: small company, holding company, active status, founded 11 years ago, 17 employees, £1,178,701 assets, real address, 3 directors, 3 owners, family business. Regular importer of electrical machinery and equipment (62 months imported). Regular exporter of electrical machinery and equipment (108 months exported). It’s a small business, meeting two out of three conditions to be classified as such: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company operates as a holding company and has been active for eleven years, boasting a real address and a family-run structure. Seventeen people are employed, and the company holds £1,178,701 in assets. Three directors and three owners manage the business, which regularly imports and exports electrical machinery and equipment.

Heatsense Cables Ltd specializes in manufacturing high-performance cables for extreme environments. Its website showcases a wide range of products, including heat-resistant, radiation-resistant, and cryogenic cables, catering to industries like aerospace, oil & gas, and nuclear. The company doesn't appear to be an e-commerce business; instead, it focuses on providing bespoke cable design and manufacturing services. The site highlights technical expertise and custom solutions, emphasizing a collaborative approach with clients. The website also features case studies demonstrating successful projects and testimonials from satisfied customers.

Financially, Heatsense Cables Ltd’s recent performance presents a mixed picture. While bank borrowings decreased by a significant 54%, bank overdrafts increased substantially by 110%, reaching £130,000. Cash reserves, however, saw a remarkable surge, increasing by 280% to £160,000. Creditors also rose by 40%, reaching £390,000, and trade debtors increased by 25%, hitting £500,000. The company’s net assets experienced a 19% drop, settling at £420,000. The increase in cash is a positive sign, but the rise in both overdrafts and creditors suggests a need for careful cash flow management. The company is small, and the lack of an auditor is likely due to its size, meaning the figures are unaudited. It seems like the business is holding its own, but the changing financial landscape warrants attention.

Registered in England/Wales under the registration number 08719200, with a registered address at OL11 2PX, England, Rochdale, Greater Manchester, Unit 3 Bay 3 Transpennine Trading Estate.

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