Cables Britain Limited

POWER SEARCH PRICING

SOLUTIONS

cables britain limited Company Information

Live

MatureSmallHigh

Company Number

02448386

Website

www.cablesbritain.com

Registered Address

unit 6 waterfall lane trading, estate waterfall lane, cradley heath warley, west midlands, B64 6PU

Industry

Non-specialised wholesale trade

Telephone

01215086890

Next Accounts Due

December 2024

Group Structure

View All

Directors

Michael Heath31 Years

Susan Heath31 Years

Shareholders

michael john heath 75%

susan elaine heath 25%

cables britain limited Estimated Valuation

£1.3m

Pomanda estimates the enterprise value of CABLES BRITAIN LIMITED at £1.3m based on Net Assets of £873.1k and 1.52x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Cables Britain Limited is a live company located in cradley heath warley, B64 6PU with a Companies House number of 02448386. It operates in the non-specialised wholesale trade sector, SIC Code 46900. Founded in December 1989, it's largest shareholder is michael john heath with a 75% stake. Cables Britain Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.1m with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Cables Britain Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

4 Strong

4 Regular

4 Weak

Size

annual sales of £3.1m, make it smaller than the average company (£14.1m)

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (5.3%)

EXPORT

Cables Britain Limited's latest turnover from March 2023 is estimated at £3.1 million and the company has net assets of £873.1 thousand. According to their latest financial statements, Cables Britain Limited has 9 employees and maintains cash reserves of £398 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	3,080,057	2,388,039	1,917,934	1,941,024	2,422,620	2,904,572	2,363,341	4,027,752	8,233,410	8,098,355	6,800,151	6,067,251	3,824,643	4,085,424
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	2,225,723	1,723,430	1,399,143	1,409,243	1,775,739	2,138,957	1,715,999	2,889,326	6,279,795	6,152,596	5,059,649	4,386,674	2,748,688	2,927,816
Gross Profit	854,334	664,609	518,791	531,781	646,881	765,615	647,342	1,138,426	1,953,615	1,945,759	1,740,502	1,680,577	1,075,955	1,157,608
Admin Expenses	881,160	700,393	556,753	527,479	644,456	862,700	1,115,632	827,645	667,548	643,436	587,560	1,102,663	1,065,751	-215,463
Operating Profit	-26,826	-35,784	-37,962	4,302	2,425	-97,085	-468,290	310,781	1,286,067	1,302,323	1,152,942	577,914	10,204	1,373,071
Interest Payable	0	0	0	0	0	0	0	0	69,361	22,467	9,014	0	0	0
Interest Receivable	23,761	5,649	648	605	5,217	3,455	1,789	3,829	137	216	218	3,957	4,067	2,061
Pre-Tax Profit	-3,065	-30,135	-37,314	4,906	7,642	-93,630	-466,501	314,610	1,216,843	1,280,072	1,144,146	581,872	14,271	1,375,132
Tax	0	0	0	-932	-1,452	0	0	-62,922	-214,590	-286,402	-255,127	-151,287	-3,996	-385,037
Profit After Tax	-3,065	-30,135	-37,314	3,974	6,190	-93,630	-466,501	251,688	1,002,253	993,670	889,019	430,585	10,275	990,095
Dividends Paid	0	0	0	0	0	0	0	0	1,575,000	1,000,000	500,000	0	0	0
Retained Profit	-3,065	-30,135	-37,314	3,974	6,190	-93,630	-466,501	251,688	-572,747	-6,330	389,019	430,585	10,275	990,095
Employee Costs	375,836	362,258	372,737	297,167	290,640	284,198	347,062	304,938	302,400	320,809	286,353	712,211	443,616	540,562
Number Of Employees	9	9	10	8	8	8	10	9	10	10	10	22	14	17
EBITDA*	-23,906	-32,525	-35,159	7,188	6,928	-92,087	-462,150	320,708	1,293,107	1,311,024	1,159,487	585,957	30,015	1,397,195

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	9,609	11,064	14,323	11,586	14,472	18,975	23,973	30,113	22,328	29,368	38,069	34,809	42,362	65,030
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	9,609	11,064	14,323	11,586	14,472	18,975	23,973	30,113	22,328	29,368	38,069	34,809	42,362	65,030
Stock & work in progress	660,373	438,715	266,979	363,596	494,151	334,755	398,554	617,915	770,378	824,208	596,375	464,185	468,811	503,406
Trade Debtors	404,030	255,231	206,400	326,322	279,030	595,382	402,373	847,145	688,359	2,122,992	1,183,384	1,293,709	616,345	597,916
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	27,721	28,651	48,474	31,330	34,537	46,418	58,096	151,133	64,941	91,681	62,139	0	0	0
Cash	398,024	720,150	786,154	510,003	699,127	691,998	689,902	741,522	790,094	850,439	1,638,569	780,673	802,269	824,378
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,490,148	1,442,747	1,308,007	1,231,251	1,506,845	1,668,553	1,548,925	2,357,715	2,313,772	3,889,320	3,480,467	2,538,567	1,887,425	1,925,700
total assets	1,499,757	1,453,811	1,322,330	1,242,837	1,521,317	1,687,528	1,572,898	2,387,828	2,336,100	3,918,688	3,518,536	2,573,376	1,929,787	1,990,730
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	575,009	467,180	320,288	235,659	540,548	535,456	357,695	728,467	476,899	1,327,996	946,900	1,137,121	923,079	991,635
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	50,102	108,706	93,439	61,874	39,227	215,780	184,499	161,178	614,303	771,756	744,410	0	0	0
total current liabilities	625,111	575,886	413,727	297,533	579,775	751,236	542,194	889,645	1,091,202	2,099,752	1,691,310	1,137,121	923,079	991,635
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	1,542	1,756	2,299	1,686	1,898	2,838	3,620	4,598	3,001	4,292	6,252	4,300	5,338	8,000
total long term liabilities	1,542	1,756	2,299	1,686	1,898	2,838	3,620	4,598	3,001	4,292	6,252	4,300	5,338	8,000
total liabilities	626,653	577,642	416,026	299,219	581,673	754,074	545,814	894,243	1,094,203	2,104,044	1,697,562	1,141,421	928,417	999,635
net assets	873,104	876,169	906,304	943,618	939,644	933,454	1,027,084	1,493,585	1,241,897	1,814,644	1,820,974	1,431,955	1,001,370	991,095
total shareholders funds	873,104	876,169	906,304	943,618	939,644	933,454	1,027,084	1,493,585	1,241,897	1,814,644	1,820,974	1,431,955	1,001,370	991,095

	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	-26,826	-35,784	-37,962	4,302	2,425	-97,085	-468,290	310,781	1,286,067	1,302,323	1,152,942	577,914	10,204	1,373,071
Depreciation	2,920	3,259	2,803	2,886	4,503	4,998	6,140	9,927	7,040	8,701	6,545	8,043	19,811	24,124
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	0	-932	-1,452	0	0	-62,922	-214,590	-286,402	-255,127	-151,287	-3,996	-385,037
Stock	221,658	171,736	-96,617	-130,555	159,396	-63,799	-219,361	-152,463	-53,830	227,833	132,190	-4,626	-34,595	503,406
Debtors	147,869	29,008	-102,778	44,085	-328,233	181,331	-537,809	244,978	-1,461,373	969,150	-48,186	677,364	18,429	597,916
Creditors	107,829	146,892	84,629	-304,889	5,092	177,761	-370,772	251,568	-851,097	381,096	-190,221	214,042	-68,556	991,635
Accruals and Deferred Income	-58,604	15,267	31,565	22,647	-176,553	31,281	23,321	-453,125	-157,453	27,346	744,410	0	0	0
Deferred Taxes & Provisions	-214	-543	613	-212	-940	-782	-978	1,597	-1,291	-1,960	1,952	-1,038	-2,662	8,000
Cash flow from operations	-344,422	-71,653	281,043	-189,728	1,912	-1,359	-53,409	-34,689	1,583,879	234,121	1,376,497	-25,064	-29,033	910,471
Investing Activities
capital expenditure	-1,465	0	-5,540	0	0	0	0	-17,712	0	0	-9,805	-490	2,857	-89,154
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-1,465	0	-5,540	0	0	0	0	-17,712	0	0	-9,805	-490	2,857	-89,154
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	1,000
interest	23,761	5,649	648	605	5,217	3,455	1,789	3,829	-69,224	-22,251	-8,796	3,957	4,067	2,061
cash flow from financing	23,761	5,649	648	605	5,217	3,455	1,789	3,829	-69,224	-22,251	-8,796	3,957	4,067	3,061
cash and cash equivalents
cash	-322,126	-66,004	276,151	-189,124	7,129	2,096	-51,620	-48,572	-60,345	-788,130	857,896	-21,596	-22,109	824,378
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	-322,126	-66,004	276,151	-189,124	7,129	2,096	-51,620	-48,572	-60,345	-788,130	857,896	-21,596	-22,109	824,378

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for cables britain limited. Get real-time insights into cables britain limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for cables britain limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

CABLES BRITAIN LIMITED group structure

Cables Britain Limited has no subsidiary companies.

Ultimate parent company

CABLES BRITAIN LIMITED

02448386

CABLES BRITAIN LIMITED Shareholders

michael john heath	75%
susan elaine heath	25%

Cables Britain Limited currently has 2 directors. The longest serving directors include Mr Michael Heath (Jun 1992) and Mrs Susan Heath (Oct 1992).

officer	country	age	start	end	role
Mr Michael Heath	England	59 years	Jun 1992	-	Director
Mrs Susan Heath	England	58 years	Oct 1992	-	Director

P&L

March 2023

turnover

3.1m

+29%

operating profit

-26.8k

gross margin

27.8%

-0.33%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

873.1k

total assets

1.5m

+0.03%

cash

398k

-0.45%

net assets

Total assets minus all liabilities

Similar Companies

Agree?

irpen (uk) limited

foxall industrial supplies limited

2.5

swan industrial drives ltd

toyvend plc

grade (uk) limited

4.5

company number

02448386

Type

Private limited with Share Capital

industry

46900 - Non-specialised wholesale trade

incorporation date

December 1989

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

goldtwine limited (March 1990)

incorporated

address

unit 6 waterfall lane trading, estate waterfall lane, cradley heath warley, west midlands, B64 6PU

last accounts submitted

March 2023

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 5 charges/mortgages relating to cables britain limited. Currently there are 0 open charges and 5 have been satisfied in the past.

cables britain limited Company Information

cables britain limited Estimated Valuation

cables britain limited Estimated Valuation

cables britain limited Estimated Valuation

Cables Britain Limited Overview

Cables Britain Limited Health Check

CABLES BRITAIN LIMITED financials

cables britain limited Credit Report and Business Information

Cables Britain Limited Competitor Analysis

cables britain limited Ownership

cables britain limited directors

cables britain limited company details

cables britain limited Charges & Mortgages

cables britain limited Companies House Filings - See Documents