Sound Cables Limited

Sound Cables Limited, based in Nottingham, UK, is a small, active company established 14 years ago. With 18 employees and £707,265 in assets, it’s a family-run business operating from a real address. Two directors and two owners steer the ship, and a 5.0 Google rating from 23 reviews suggests happy customers. The company regularly imports and exports electrical machinery and equipment, with a focus on the UK market. It also runs an e-commerce site.

The company's website highlights its expertise in manufacturing electricity distribution equipment, wires and cables, and consumer electronics. It also offers retail sales via mail order and internet. While small, it's clearly aiming to serve a niche market within the electrical industry.

Financially, Sound Cables Limited shows some concerning trends. Cash reserves have fallen by 41% to £13,000, while bank borrowings have increased, with overdrafts down 3.3% and non-financial instruments down 19%. Creditors have risen by 19%, suggesting increased reliance on supplier credit. However, debtors have also increased significantly, up 140%, which could be a sign of delayed customer payments. Equity has improved, down just 1%, and net assets have also improved. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no auditor mentioned, so the figures are unaudited.

Overall, Sound Cables Limited appears to be navigating a period of change. The increase in debtors and rise in creditors suggest a need to manage cash flow carefully. While the company’s Google rating and e-commerce presence are positive, the financial data indicates a need for close monitoring.

Registered in England/Wales under the registration number 07267883, with a registered address at NG12 2GW, England, Nottingham, 3 Johns Road, Radcliffe-On-Trent.

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