Cable and Splicing Services Limited
Registered name: CABLE AND SPLICING SERVICES LIMITED
Part of Cable and Splicing Services Trustees Limited groupCable and Splicing Services Limited made £16.3m revenue and a £463k loss in the year to 31 Dec 2024.
Cable and Splicing Services Limited’s revenue fell 12% to £16.3m in the year to 31 Dec 2024, with a loss of £463k and 82 employees. The company is classified under “wired telecommunications activities” and is based in Snitterfield; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Snitterfield, West Midlands
- Age
- 25 yrs · since 2000
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £18.5m | £16.3m |
| Cost of sales | £10.8m | £10.6m |
| Gross profit | £7.7m | £5.7m |
| Operating profit | £2.8m | −£386k |
| Profit before tax | £3m | −£178k |
| Profit after tax | £2.9m | −£463k |
| Profit (best available) | £2.9m | −£463k |
| Staff costs | £3.3m | £3.4m |
| Employees (average) | 77 | 82 |
| Ratios | ||
| Profit margin | 15.6% | −2.9% |
| Gross margin | 41.7% | 34.9% |
| Revenue per employee | £240k | £198k |
| Profit per employee | £37.5k | −£5.7k |
| Cash conversion | −152.3% | — |
| Growth (year on year) | ||
| Revenue growth | — | ▼12% |
| Profit growth | — | ▼116% |
| Headcount growth | — | ▲6.5% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £8.2m | £1m |
| Net assets | £11.7m | £11.1m |
| Fixed assets | £1.2m | £1.3m |
| Current assets | £13.4m | £12.7m |
| Debtors | £2.7m | £4.7m |
| Cash from operations | −£4.3m | £172k |
| Source | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- −2.9%
- Profit ÷ revenue.
- Gross margin
- 34.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £198k
- Revenue ÷ average employees.
- Profit per employee
- −£5.7k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 8.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 28.8%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼5%
- Now £11.1m
- Cash at bank
- ▼88%
- Now £1m
- Headcount
- ▲6%
- Now 82
- Deferred income
- —
- Now —
- Fixed assets
- ▲5%
- Now £1.3m
Group structure
Ownership chain
- Cable and Splicing Services Trustees Limitedultimate parent75–100%
- Cable and Splicing Services Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (5)
- Cass Muc LimitedFigures not disclosed
- Cass Wireless LtdFigures not disclosed
- DSL Civils LimitedFigures not disclosed
- Energize Solar LimitedFigures not disclosed
- Viacass Connections LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit −£463k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.