Wire And Cable Supplies Ltd

Wire And Cable Supplies Ltd from Wimborne UK is a small, active company founded six years ago in 2019. With four employees and £965,793 in assets, it operates from a virtual address – a bit unusual as 287 other companies are registered at the same location. The business is run by two directors and two owners, though the list of owners hasn's changed since it was founded.

The company specializes in importing and exporting electrical machinery and equipment, with a significant history of 201 months of import activity and 52 months of export activity, the last being January 1, 2025. It’s described as operating in the wholesale of other intermediate products industries.

Financially, Wire And Cable Supplies Ltd presents a mixed picture. Current assets have fallen by 8.8% to £970,000, while net assets have increased by 17% to £81,000. Bank borrowings have risen substantially by 32%, reaching £400,000. Creditors have also increased significantly by 32%, now standing at £400,000. Trade debtors have fallen by 20%, which could be a positive sign of improved cashflow management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the increased borrowings and rising creditors suggest a need for careful financial planning. As a small company, it is exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 11793224, with a registered address at BH21 1JH, England, Wimborne, Dorset, 7 & 8 Church Street.

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