P.v.c. Cables Ltd

Pvc Cables Ltd, based in Cramlington, UK, is a small, active company established 29 years ago. With three employees and £311,549 in assets, it’s a modest operation overseen by one director and owner, Varley Martin. The company operates from a real address and is a regular importer of electrical machinery and equipment, with 48 months of import activity recorded, the last being January 1, 2025.

The company's website is non-existent, which makes it difficult to know what they are doing.

Financially, Pvc Cables Ltd presents a mixed picture. While bank borrowings have decreased by a significant 39%, current assets have also fallen by 15% to £310,000. There's been a dramatic decrease in net assets, plummeting 100% to just £140, and cash reserves have increased by 66% to £29,000. Trade debtors have risen by 7.6%, suggesting a possible increase in outstanding invoices. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the sharp drop in equity is a cause for concern. The company's accounts are unaudited, which is common for small businesses, and no auditor is mentioned. There is a large decrease in deferred tax liabilities.

Registered in England/Wales under the registration number 03125850, with a registered address at NE23 8AL, Cramlington, Northumberland, 8 Bassington Drive, Bassington Industrial Estate.

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