Link Cable Assemblies Limited

Link Cable Assemblies Limited, based in Glasgow, UK, is a small holding company with an active status, having been founded 23 years ago in 2002. The company employs 64 people and maintains a real registered address, overseen by two directors and three owners. It’s a regular importer and exporter of electrical machinery and equipment, with 124 months of import activity and 27 months of export activity recorded.

The company operates in the other manufacturing n.e.c. industries, and its core business involves the manufacture and sale of insulated wire and cable assemblies and the sale and distribution of electronic and associated components. It's a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Link Cable Assemblies Limited shows a mixed picture. Cash reserves have increased dramatically, jumping 240% to £290,000, which is a positive sign. However, net assets also increased by 8.4% to £1.2 million, while creditors rose 17% to £1.2 million. Trade debtors decreased by 8.5% to £1.3 million, suggesting better debt management. The company’s bank borrowings increased by 120% to £220,000. Future minimum lease payments also decreased by 8.6% to £230,000. The company’s retained earnings increased by 10% to £1 million.

The recent acquisition of the company’s entire share capital by LCA MFG Group Ltd, announced in May 2024, could have implications for its future direction. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Registered in Scotland under the registration number SC226913, with a registered address at G2 6PH, Scotland, Glasgow, 94 Hope Street C/O Macdonald Henderson.

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