
Company Number
00087908
Next Accounts
Sep 2025
Shareholders
clean viking acquisition co limited
Group Structure
View All
Industry
Washing and (dry-)cleaning of textile and fur products
Registered Address
40 glebeland road, camberley, GU15 3DB
Website
www.cleanservices.co.ukPomanda estimates the enterprise value of CLEAN LINEN SERVICES LIMITED at £51.5m based on a Turnover of £75.7m and 0.68x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of CLEAN LINEN SERVICES LIMITED at £39.8m based on an EBITDA of £10.2m and a 3.89x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of CLEAN LINEN SERVICES LIMITED at £118.3m based on Net Assets of £50.7m and 2.33x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Clean Linen Services Limited is a live company located in camberley, GU15 3DB with a Companies House number of 00087908. It operates in the washing and (dry-)cleaning of textile and fur products sector, SIC Code 96010. Founded in March 1906, it's largest shareholder is clean viking acquisition co limited with a 100% stake. Clean Linen Services Limited is a mature, large sized company, Pomanda has estimated its turnover at £75.7m with rapid growth in recent years.
Pomanda's financial health check has awarded Clean Linen Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £75.7m, make it larger than the average company (£2.9m)
£75.7m - Clean Linen Services Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 32%, show it is growing at a faster rate (9.6%)
32% - Clean Linen Services Limited
9.6% - Industry AVG
Production
with a gross margin of 3.2%, this company has a higher cost of product (39.9%)
3.2% - Clean Linen Services Limited
39.9% - Industry AVG
Profitability
an operating margin of 8.4% make it as profitable than the average company (8%)
8.4% - Clean Linen Services Limited
8% - Industry AVG
Employees
with 1233 employees, this is above the industry average (75)
1233 - Clean Linen Services Limited
75 - Industry AVG
Pay Structure
on an average salary of £34k, the company has an equivalent pay structure (£29.4k)
£34k - Clean Linen Services Limited
£29.4k - Industry AVG
Efficiency
resulting in sales per employee of £61.4k, this is equally as efficient (£67.8k)
£61.4k - Clean Linen Services Limited
£67.8k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is near the average (51 days)
50 days - Clean Linen Services Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 13 days, this is quicker than average (32 days)
13 days - Clean Linen Services Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 29 days, this is more than average (15 days)
29 days - Clean Linen Services Limited
15 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 75 weeks, this is more cash available to meet short term requirements (15 weeks)
75 weeks - Clean Linen Services Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.6%, this is a lower level of debt than the average (45.2%)
19.6% - Clean Linen Services Limited
45.2% - Industry AVG
Clean Linen Services Limited's latest turnover from December 2023 is £75.7 million and the company has net assets of £50.7 million. According to their latest financial statements, Clean Linen Services Limited has 1,233 employees and maintains cash reserves of £17.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 75,741,641 | 61,739,967 | 33,502,193 | 33,019,125 | 67,246,040 | 55,870,748 | 73,061,566 | 68,314,121 | 29,870,220 | 28,953,936 | 27,527,426 | 26,691,750 | 24,651,219 | 21,972,155 | 22,768,134 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 73,299,303 | 62,430,615 | 43,635,979 | 47,559,699 | 63,833,245 | 53,553,714 | 63,078,498 | 58,951,581 | 25,614,895 | 24,757,913 | 17,955,904 | 18,213,414 | 16,194,814 | 11,856,675 | 12,005,004 |
Gross Profit | 2,442,338 | -690,648 | -10,133,786 | -14,540,574 | 3,412,795 | 2,317,034 | 9,983,068 | 9,362,540 | 4,255,325 | 4,196,023 | 9,571,522 | 8,478,336 | 8,456,405 | 10,115,480 | 10,763,130 |
Admin Expenses | -3,922,116 | 13,994,429 | 7,442,766 | 9,941,564 | 10,992,659 | 7,172,192 | 9,675,094 | 10,125,936 | 3,700,356 | 1,733,144 | 7,475,571 | 7,443,059 | 6,932,128 | 9,590,574 | 9,604,040 |
Operating Profit | 6,364,454 | -14,685,077 | -17,576,552 | -24,482,138 | -7,579,864 | -4,855,158 | 307,974 | -763,396 | 554,969 | 2,462,879 | 2,095,951 | 1,035,277 | 1,524,277 | 524,906 | 1,159,090 |
Interest Payable | 8,534 | 3,400 | 22,992 | 2,995 | 2,408 | 35,304 | 266,185 | 165,526 | 278,216 | 935,347 | 1,079,184 | 494,862 | 441,954 | 290,848 | |
Interest Receivable | 1 | 1,491 | 8 | 5,198 | 284,000 | 296,000 | 165 | 4 | |||||||
Pre-Tax Profit | 6,417,708 | -14,688,477 | -17,599,543 | -24,483,642 | -7,579,366 | -4,888,502 | 332,183 | -1,029,581 | 389,443 | 2,184,663 | 1,444,604 | 248,483 | 1,292,230 | 46,952 | 3,384,967 |
Tax | -497,857 | 20,000 | -148,475 | 730,933 | 555,740 | 520,097 | -376,840 | -523,053 | -346,178 | -144,485 | -275,507 | 312,977 | |||
Profit After Tax | 5,919,851 | -14,688,477 | -17,599,543 | -24,463,642 | -7,727,841 | -4,157,569 | 887,923 | -509,484 | 12,603 | 1,661,610 | 1,098,426 | 103,998 | 1,016,723 | 46,952 | 3,697,944 |
Dividends Paid | 471,110 | 372,000 | 313,000 | 62,250 | 427 | 716,287 | |||||||||
Retained Profit | 5,919,851 | -14,688,477 | -17,599,543 | -24,463,642 | -7,727,841 | -4,157,569 | 887,923 | -509,484 | 12,603 | 1,190,500 | 726,426 | -209,002 | 954,473 | 46,525 | 2,981,657 |
Employee Costs | 41,891,052 | 34,569,905 | 24,949,966 | 38,015,851 | 35,453,481 | 26,669,385 | 33,342,729 | 30,569,799 | 12,768,737 | 12,180,574 | 12,110,071 | 12,068,803 | 10,916,323 | 9,688,741 | 10,452,900 |
Number Of Employees | 1,233 | 1,056 | 821 | 1,165 | 1,258 | 1,367 | 1,391 | 1,352 | 556 | 532 | 540 | 573 | 498 | 486 | 520 |
EBITDA* | 10,246,854 | -10,873,894 | -14,026,485 | -21,367,488 | -3,796,505 | 3,084,269 | 4,837,938 | 3,276,381 | 2,351,721 | 4,272,897 | 3,881,593 | 2,886,956 | 3,301,618 | 2,245,983 | 2,375,062 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 17,782,335 | 17,558,526 | 19,125,659 | 20,711,587 | 22,114,688 | 21,085,342 | 26,545,582 | 31,490,193 | 23,162,026 | 11,060,567 | 12,221,629 | 13,440,731 | 14,787,273 | 16,026,752 | 16,895,523 |
Intangible Assets | 150,850 | 15,712 | 31,425 | ||||||||||||
Investments & Other | 1 | 10,001 | 10,001 | 10,001 | 10,001 | 10,001 | 10,002 | 10,002 | 10,002 | 10,002 | 10,002 | 10,002 | 10,002 | 10,002 | 10,002 |
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 17,782,336 | 17,568,527 | 19,135,660 | 20,721,588 | 22,124,689 | 21,095,343 | 26,706,434 | 31,500,195 | 23,172,028 | 11,070,569 | 12,231,631 | 13,450,733 | 14,797,275 | 16,052,466 | 16,936,950 |
Stock & work in progress | 5,920,118 | 5,931,732 | 3,425,021 | 4,751,676 | 2,984,585 | 3,976,965 | 3,023,737 | 2,696,820 | 1,091,567 | 1,025,303 | 859,892 | 882,535 | 1,191,500 | 498,657 | 189,540 |
Trade Debtors | 10,531,466 | 9,231,015 | 5,239,561 | 1,815,896 | 8,349,125 | 8,986,697 | 10,189,783 | 13,080,432 | 10,838,799 | 4,924,576 | 4,887,018 | 3,834,101 | 3,602,113 | 3,850,387 | 3,989,083 |
Group Debtors | 101,388 | 6,842,329 | 25,620,058 | 1,620,006 | 1,377,915 | 1,422,097 | 1,635 | ||||||||
Misc Debtors | 11,670,012 | 13,296,564 | 8,176,233 | 8,212,005 | 11,938,877 | 11,480,356 | 12,339,065 | 11,821,856 | 11,435,991 | 5,015,476 | 4,510,139 | 3,739,824 | 3,899,944 | 3,475,036 | 3,684,151 |
Cash | 17,188,462 | 2,202,690 | 1,707,045 | 5,348,528 | 2,692,860 | 4,080,861 | 1,633,151 | 66,610 | 4,463,915 | 2,503,215 | 1,103,300 | 6,522 | 4,667 | 3,651 | 11,983 |
misc current assets | |||||||||||||||
total current assets | 45,310,058 | 30,662,001 | 18,547,860 | 20,229,493 | 32,807,776 | 54,144,937 | 28,805,742 | 29,043,633 | 29,252,369 | 13,468,570 | 11,360,349 | 8,462,982 | 8,698,224 | 7,827,731 | 7,876,392 |
total assets | 63,092,394 | 48,230,528 | 37,683,520 | 40,951,081 | 54,932,465 | 75,240,280 | 55,512,176 | 60,543,828 | 52,424,397 | 24,539,139 | 23,591,980 | 21,913,715 | 23,495,499 | 23,880,197 | 24,813,342 |
Bank overdraft | 895,763 | 228,889 | 915,170 | 1,031,307 | |||||||||||
Bank loan | 3,581,823 | 3,139,478 | 333,917 | 340,320 | 380,205 | 1,071,098 | |||||||||
Trade Creditors | 2,716,471 | 6,543,038 | 3,955,295 | 2,427,834 | 2,148,115 | 4,132,257 | 3,328,063 | 5,384,508 | 2,986,256 | 2,087,600 | 2,016,022 | 1,710,830 | 1,732,466 | 1,592,051 | 797,950 |
Group/Directors Accounts | 4 | 51,141 | 800,195 | 4 | 41,026,207 | 54,699,582 | 31,599,774 | 35,120,037 | 27,206,637 | 675,681 | 114,888 | 135,421 | 287,938 | 499,135 | 39,579 |
other short term finances | 2,170,844 | 2,479,313 | 2,275,564 | 1,944,142 | 2,266,249 | 2,306,524 | |||||||||
hp & lease commitments | 21,394 | 77,299 | 118,591 | 237,561 | 210,639 | 96,476 | 90,328 | 1,275,633 | 1,434,944 | 1,250,400 | 1,334,938 | ||||
other current liabilities | 9,134,314 | 8,812,452 | 6,248,156 | 5,223,826 | 9,710,064 | 6,576,616 | 5,956,390 | 5,501,301 | 6,471,817 | 3,285,395 | 2,807,325 | 1,976,877 | 2,811,407 | 2,711,745 | 2,366,154 |
total current liabilities | 11,850,789 | 15,406,631 | 11,003,646 | 7,651,664 | 52,905,780 | 65,485,754 | 41,002,818 | 46,243,407 | 36,875,349 | 11,897,819 | 10,647,354 | 8,604,005 | 8,780,106 | 9,614,955 | 8,947,550 |
loans | 2,107,313 | 3,489,137 | 1,547,280 | 1,865,736 | 1,588,453 | 1,968,658 | |||||||||
hp & lease commitments | 249,602 | 103,041 | 199,517 | 3,225,098 | 4,175,651 | 5,133,330 | 6,319,128 | ||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | 8,666 | 103,996 | 173,326 | 268,655 | 373,051 | ||||||||||
provisions | 497,857 | 597,263 | 1,276,249 | 1,765,790 | 753,728 | 760,568 | 673,024 | 531,366 | 259,963 | 259,963 | |||||
total long term liabilities | 497,857 | 597,263 | 1,276,249 | 2,015,392 | 2,964,082 | 4,457,888 | 5,549,398 | 6,746,079 | 7,250,401 | 8,920,800 | |||||
total liabilities | 12,348,646 | 15,406,631 | 11,003,646 | 7,651,664 | 52,905,780 | 65,485,754 | 41,600,081 | 47,519,656 | 38,890,741 | 14,861,901 | 15,105,242 | 14,153,403 | 15,526,185 | 16,865,356 | 17,868,350 |
net assets | 50,743,748 | 32,823,897 | 26,679,874 | 33,299,417 | 2,026,685 | 9,754,526 | 13,912,095 | 13,024,172 | 13,533,656 | 9,677,238 | 8,486,738 | 7,760,312 | 7,969,314 | 7,014,841 | 6,944,992 |
total shareholders funds | 50,743,748 | 32,823,897 | 26,679,874 | 33,299,417 | 2,026,685 | 9,754,526 | 13,912,095 | 13,024,172 | 13,533,656 | 9,677,238 | 8,486,738 | 7,760,312 | 7,969,314 | 7,014,841 | 6,944,992 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 6,364,454 | -14,685,077 | -17,576,552 | -24,482,138 | -7,579,864 | -4,855,158 | 307,974 | -763,396 | 554,969 | 2,462,879 | 2,095,951 | 1,035,277 | 1,524,277 | 524,906 | 1,159,090 |
Depreciation | 3,882,400 | 3,811,183 | 3,550,067 | 3,114,650 | 3,783,359 | 7,939,427 | 4,529,964 | 4,039,777 | 1,796,752 | 1,810,018 | 1,785,642 | 1,851,679 | 1,761,629 | 1,705,364 | 1,196,438 |
Amortisation | 15,712 | 15,713 | 19,534 | ||||||||||||
Tax | -497,857 | 20,000 | -148,475 | 730,933 | 555,740 | 520,097 | -376,840 | -523,053 | -346,178 | -144,485 | -275,507 | 312,977 | |||
Stock | -11,614 | 2,506,711 | -1,326,655 | 1,767,091 | -992,380 | 1,280,145 | 326,917 | 1,605,253 | 66,264 | 165,411 | -22,643 | -308,965 | 692,843 | 309,117 | 189,540 |
Debtors | -326,101 | 9,111,785 | 3,286,505 | -17,001,042 | -18,956,780 | 19,806,908 | -2,131,349 | 2,583,316 | 13,756,835 | 542,895 | 1,823,232 | 71,868 | 176,634 | -349,446 | 7,674,869 |
Creditors | -3,826,567 | 2,587,743 | 1,527,461 | 279,719 | -1,984,142 | -1,252,251 | -2,056,445 | 2,398,252 | 898,656 | 71,578 | 305,192 | -21,636 | 140,415 | 794,101 | 797,950 |
Accruals and Deferred Income | 321,862 | 2,564,296 | 1,024,330 | -4,486,238 | 3,133,448 | 1,075,315 | 455,089 | -970,516 | 3,186,422 | 478,070 | 830,448 | -834,530 | 99,662 | 345,591 | 2,366,154 |
Deferred Taxes & Provisions | 497,857 | -1,276,249 | -678,986 | -489,541 | 1,012,062 | -6,840 | 87,544 | 141,658 | 271,403 | 259,963 | |||||
Cash flow from operations | 7,079,864 | -17,340,351 | -13,434,544 | -10,320,056 | 17,153,486 | -18,725,036 | 4,917,768 | 546,104 | -6,751,078 | 3,584,346 | 2,958,010 | 2,265,060 | 2,668,114 | 3,426,004 | -1,752,303 |
Investing Activities | |||||||||||||||
capital expenditure | -650,464 | -564,115 | -496,886 | 296,002 | -836,594 | -3,237,595 | |||||||||
Change in Investments | -10,000 | -1 | 10,002 | ||||||||||||
cash flow from investments | -650,464 | -564,115 | -496,886 | 296,002 | -836,594 | -3,247,597 | |||||||||
Financing Activities | |||||||||||||||
Bank loans | -3,581,823 | 442,345 | 2,805,561 | -6,403 | -39,885 | -690,893 | 1,071,098 | ||||||||
Group/Directors Accounts | -51,137 | -749,054 | 800,191 | -41,026,203 | -13,673,375 | 19,579,545 | -3,520,263 | 7,913,400 | 26,530,956 | 560,793 | -20,533 | -152,517 | -211,197 | 459,556 | 39,579 |
Other Short Term Loans | -2,170,844 | -308,469 | 203,749 | 331,422 | -322,107 | -40,275 | 2,306,524 | ||||||||
Long term loans | -2,107,313 | -1,381,824 | 1,941,857 | -318,456 | 277,283 | -380,205 | 1,968,658 | ||||||||
Hire Purchase and Lease Commitments | -21,394 | -55,905 | -160,262 | -118,970 | -222,680 | 260,724 | -90,328 | -4,210,886 | -1,109,864 | -773,135 | -1,270,336 | 7,654,066 | |||
other long term liabilities | -8,666 | -95,330 | -69,330 | -95,329 | -104,396 | 373,051 | |||||||||
share issue | |||||||||||||||
interest | -8,534 | -3,400 | -22,991 | -1,504 | -2,408 | -35,296 | 5,198 | -266,185 | -165,526 | -278,216 | -651,347 | -783,184 | -494,697 | -441,954 | -290,844 |
cash flow from financing | 11,940,329 | 20,080,046 | 11,757,200 | 14,687,273 | -13,731,688 | 20,271,910 | -3,634,035 | 7,424,535 | 22,609,989 | -1,064,365 | -26,929 | -2,108,332 | -1,659,067 | -2,445,179 | 17,085,467 |
cash and cash equivalents | |||||||||||||||
cash | 14,985,772 | 495,645 | -3,641,483 | 2,655,668 | -1,388,001 | 4,014,251 | 1,566,541 | -4,397,305 | 1,960,700 | 1,399,915 | 1,096,778 | 1,855 | 1,016 | -8,332 | 11,983 |
overdraft | -895,763 | 666,874 | -686,281 | -116,137 | 1,031,307 | ||||||||||
change in cash | 14,985,772 | 495,645 | -3,641,483 | 2,655,668 | -1,388,001 | 4,014,251 | 1,566,541 | -4,397,305 | 1,960,700 | 1,399,915 | 1,992,541 | -665,019 | 687,297 | 107,805 | -1,019,324 |
Perform a competitor analysis for clean linen services limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other large companies, companies in GU15 area or any other competitors across 12 key performance metrics.
CLEAN LINEN SERVICES LIMITED group structure
Clean Linen Services Limited has 2 subsidiary companies.
Ultimate parent company
ALSCO INC
#0072940
2 parents
CLEAN LINEN SERVICES LIMITED
00087908
2 subsidiaries
Clean Linen Services Limited currently has 4 directors. The longest serving directors include Mr James Kearns (May 2018) and Mr Robert Steiner (May 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr James Kearns | United States | 62 years | May 2018 | - | Director |
Mr Robert Steiner | United States | 74 years | May 2018 | - | Director |
Mr Kevin Godley | England | 45 years | Jun 2019 | - | Director |
Mr Andrew Steiner | United States | 40 years | Dec 2023 | - | Director |
P&L
December 2023turnover
75.7m
+23%
operating profit
6.4m
-143%
gross margin
3.3%
-388.26%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
50.7m
+0.55%
total assets
63.1m
+0.31%
cash
17.2m
+6.8%
net assets
Total assets minus all liabilities
company number
00087908
Type
Private limited with Share Capital
industry
96010 - Washing and (dry-)cleaning of textile and fur products
incorporation date
March 1906
age
119
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
c.l.e.a.n. linen services limited (January 2010)
maidenhead district laundry company limited(the) (December 1978)
accountant
-
auditor
GRANT THORNTON UK LLP
address
40 glebeland road, camberley, GU15 3DB
Bank
-
Legal Advisor
-
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 33 charges/mortgages relating to clean linen services limited. Currently there are 0 open charges and 33 have been satisfied in the past.
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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