In a large mixing bowl, combine the shredded cabbage, shredded carrots, chopped red bell pepper, and chopped cilantro.

In a separate bowl, whisk together the lime juice, honey, ground cumin, salt, black pepper, and olive oil until well combined.

Pour the dressing over the vegetable mixture and toss until everything is evenly coated. Serve immediately or refrigerate for up to 1 hour before serving.