Pc Cables (uk) Ltd

Pc Cables (UK) Ltd, based in Basingstoke, UK, is a small, active company founded 16 years ago. With £16,041 in assets and a real address at 142 Culver Road, it’s a modest operation run by two directors and a single owner. The company operates an e-commerce site, focusing on retail sales via the internet.

The company’s website, Cables Direct, is a comprehensive online retailer specializing in computer cables, USB products, networking equipment, and multimedia accessories. It offers a vast selection of items, from HDMI cables and patch panels to power leads and adapters, catering to both individual consumers and trade customers. The site even offers custom manufacturing and boasts a blog with tech advice, suggesting a commitment to customer service and industry expertise. It’s a busy site, with a lot of products on offer.

Financially, Pc Cables (UK) Ltd presents a mixed picture. Current assets have decreased by 14% to £16,000, and net assets have plummeted by a significant 400% to -£120,000. Bank borrowings have increased dramatically, rising by 3600%, reaching £120,000, while cash reserves have dwindled. Creditors have also increased, rising by 220%. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

The sharp decline in equity is concerning, indicating potential financial strain. While the e-commerce business appears to be running smoothly, the financial data suggests that the company is burning through cash. The company’s reliance on bank borrowings to cover its liabilities is also a cause for concern. It’s a tight situation.

Registered in England/Wales under the registration number 06609755, with a registered address at RG21 3NL, England, Basingstoke, Hampshire, 142 Culver Road.

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