linatex limited
linatex limited Company Information
Company Number
00246713
Next Accounts
Sep 2025
Shareholders
linatex australia pty limited
Group Structure
View All
Industry
Non-trading company
Registered Address
c/o weir minerals europe, halifax road, todmorden, lancashire, OL14 5RT
Website
https://www.global.weirlinatex limited Estimated Valuation
Pomanda estimates the enterprise value of LINATEX LIMITED at £366.8k based on a Turnover of £861k and 0.43x industry multiple (adjusted for size and gross margin).
linatex limited Estimated Valuation
Pomanda estimates the enterprise value of LINATEX LIMITED at £2.7m based on an EBITDA of £807k and a 3.37x industry multiple (adjusted for size and gross margin).
linatex limited Estimated Valuation
Pomanda estimates the enterprise value of LINATEX LIMITED at £5.1m based on Net Assets of £3.9m and 1.31x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Linatex Limited Overview
Linatex Limited is a live company located in todmorden, OL14 5RT with a Companies House number of 00246713. It operates in the non-trading company sector, SIC Code 74990. Founded in March 1930, it's largest shareholder is linatex australia pty limited with a 100% stake. Linatex Limited is a mature, small sized company, Pomanda has estimated its turnover at £861k with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Linatex Limited Health Check
Pomanda's financial health check has awarded Linatex 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
4 Strong
0 Regular
4 Weak
Size
annual sales of £861k, make it smaller than the average company (£3.8m)
£861k - Linatex Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5.9%)
2% - Linatex Limited
5.9% - Industry AVG
Production
with a gross margin of 19%, this company has a higher cost of product (36.1%)
19% - Linatex Limited
36.1% - Industry AVG
Profitability
an operating margin of 93.7% make it more profitable than the average company (4.9%)
93.7% - Linatex Limited
4.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (41)
- Linatex Limited
41 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Linatex Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £287k, this is more efficient (£154.4k)
- Linatex Limited
£154.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Linatex Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Linatex Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Linatex Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 190 weeks, this is more cash available to meet short term requirements (33 weeks)
190 weeks - Linatex Limited
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.2%, this is a lower level of debt than the average (47.9%)
6.2% - Linatex Limited
47.9% - Industry AVG
LINATEX LIMITED financials
Linatex Limited's latest turnover from December 2023 is £861 thousand and the company has net assets of £3.9 million. According to their latest financial statements, we estimate that Linatex Limited has 3 employees and maintains cash reserves of £950 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | Jan 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 861,000 | 907,000 | 774,000 | 816,000 | 811,000 | 887,000 | 965,000 | 969,000 | 814,000 | 918,000 | 805,000 | 1,102,000 | 13,262,000 | 11,882,000 | 11,379,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 9,248,000 | 7,539,000 | 6,513,000 | ||||||||||||
| Gross Profit | 774,000 | 816,000 | 811,000 | 1,102,000 | 4,014,000 | 4,343,000 | 4,866,000 | ||||||||
| Admin Expenses | 296,000 | 71,000 | 71,000 | 4,190,000 | 5,241,000 | 3,359,000 | |||||||||
| Operating Profit | 807,000 | -1,731,000 | 478,000 | 745,000 | 740,000 | 849,000 | 872,000 | -1,788,000 | 3,034,000 | 821,000 | -176,000 | -898,000 | 1,507,000 | ||
| Interest Payable | 106,000 | 215,000 | 460,000 | ||||||||||||
| Interest Receivable | 176,000 | 182,000 | 12,000 | 38,000 | 47,000 | 32,000 | 16,000 | 17,000 | 16,000 | 97,000 | 1,000 | 19,000 | |||
| Pre-Tax Profit | 983,000 | -1,549,000 | 490,000 | 783,000 | 6,354,000 | 881,000 | 888,000 | -1,771,000 | 3,050,000 | 821,000 | 662,000 | 1,102,000 | 2,724,000 | -1,112,000 | 1,066,000 |
| Tax | -213,000 | -201,000 | -201,000 | -149,000 | -233,000 | -123,000 | -141,000 | -152,000 | -216,000 | 154,000 | -154,000 | -270,000 | -336,000 | 166,000 | -365,000 |
| Profit After Tax | 770,000 | -1,750,000 | 289,000 | 634,000 | 6,121,000 | 758,000 | 747,000 | -1,923,000 | 2,834,000 | 975,000 | 508,000 | 832,000 | 2,388,000 | -946,000 | 701,000 |
| Dividends Paid | 13,381,000 | ||||||||||||||
| Retained Profit | -12,611,000 | -1,750,000 | 289,000 | 634,000 | 6,121,000 | 758,000 | 747,000 | -1,923,000 | 2,834,000 | 975,000 | 508,000 | 832,000 | 2,388,000 | -946,000 | 701,000 |
| Employee Costs | 2,382,000 | 2,559,000 | 2,698,000 | ||||||||||||
| Number Of Employees | 76 | 69 | 71 | ||||||||||||
| EBITDA* | 807,000 | -1,731,000 | 478,000 | 745,000 | 740,000 | 849,000 | 872,000 | -1,788,000 | 3,034,000 | 821,000 | -121,000 | -829,000 | 1,834,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | Jan 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,578,000 | 1,578,000 | 1,578,000 | 1,578,000 | 1,578,000 | 1,578,000 | 4,213,000 | 4,213,000 | 216,000 | 178,000 | |||||
| Intangible Assets | 732,000 | 499,000 | |||||||||||||
| Investments & Other | 2,671,000 | 2,671,000 | 1,578,000 | 1,578,000 | 1,578,000 | 1,578,000 | 1,578,000 | 1,578,000 | 4,213,000 | 4,213,000 | 4,213,000 | 4,213,000 | 4,213,000 | 4,630,000 | 4,630,000 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 2,671,000 | 2,671,000 | 1,578,000 | 1,578,000 | 1,578,000 | 1,578,000 | 1,578,000 | 1,578,000 | 4,213,000 | 4,213,000 | 4,213,000 | 4,213,000 | 4,213,000 | 5,578,000 | 5,307,000 |
| Stock & work in progress | 2,061,000 | 1,620,000 | |||||||||||||
| Trade Debtors | 1,736,000 | 1,935,000 | |||||||||||||
| Group Debtors | 536,000 | 13,168,000 | 16,309,000 | 16,596,000 | 16,110,000 | 9,786,000 | 9,122,000 | 8,824,000 | 8,081,000 | 4,920,000 | 4,108,000 | 3,482,000 | 2,393,000 | 133,000 | 793,000 |
| Misc Debtors | 82,000 | 73,000 | 38,000 | 33,000 | 84,000 | 670,000 | 497,000 | ||||||||
| Cash | 950,000 | 1,046,000 | 726,000 | 22,000 | 74,000 | 15,000 | 494,000 | 1,095,000 | |||||||
| misc current assets | 9,000 | 7,000 | 7,000 | 5,000 | 13,000 | ||||||||||
| total current assets | 1,495,000 | 14,221,000 | 17,035,000 | 16,625,000 | 16,115,000 | 9,881,000 | 9,195,000 | 8,936,000 | 8,129,000 | 5,004,000 | 4,108,000 | 3,482,000 | 2,393,000 | 5,094,000 | 5,940,000 |
| total assets | 4,166,000 | 16,892,000 | 18,613,000 | 18,203,000 | 17,693,000 | 11,459,000 | 10,773,000 | 10,514,000 | 12,342,000 | 9,217,000 | 8,321,000 | 7,695,000 | 6,606,000 | 10,672,000 | 11,247,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 192,000 | 66,000 | 337,000 | 302,000 | |||||||||||
| Group/Directors Accounts | 113,000 | 334,000 | 370,000 | 113,000 | 5,344,000 | 5,468,000 | |||||||||
| other short term finances | 145,000 | 144,000 | 25,000 | 2,000 | 20,000 | ||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 114,000 | 230,000 | 153,000 | 158,000 | 348,000 | 235,000 | 282,000 | 680,000 | 680,000 | 409,000 | 154,000 | 886,000 | 947,000 | ||
| total current liabilities | 259,000 | 374,000 | 345,000 | 224,000 | 348,000 | 235,000 | 307,000 | 795,000 | 700,000 | 409,000 | 488,000 | 370,000 | 113,000 | 6,567,000 | 6,717,000 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 259,000 | 374,000 | 345,000 | 224,000 | 348,000 | 235,000 | 307,000 | 795,000 | 700,000 | 409,000 | 488,000 | 370,000 | 113,000 | 6,567,000 | 6,717,000 |
| net assets | 3,907,000 | 16,518,000 | 18,268,000 | 17,979,000 | 17,345,000 | 11,224,000 | 10,466,000 | 9,719,000 | 11,642,000 | 8,808,000 | 7,833,000 | 7,325,000 | 6,493,000 | 4,105,000 | 4,530,000 |
| total shareholders funds | 3,907,000 | 16,518,000 | 18,268,000 | 17,979,000 | 17,345,000 | 11,224,000 | 10,466,000 | 9,719,000 | 11,642,000 | 8,808,000 | 7,833,000 | 7,325,000 | 6,493,000 | 4,105,000 | 4,530,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Jan 2016 | Jan 2015 | Jan 2014 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 807,000 | -1,731,000 | 478,000 | 745,000 | 740,000 | 849,000 | 872,000 | -1,788,000 | 3,034,000 | 821,000 | -176,000 | -898,000 | 1,507,000 | ||
| Depreciation | 55,000 | 50,000 | 308,000 | ||||||||||||
| Amortisation | 19,000 | 19,000 | |||||||||||||
| Tax | -213,000 | -201,000 | -201,000 | -149,000 | -233,000 | -123,000 | -141,000 | -152,000 | -216,000 | 154,000 | -154,000 | -270,000 | -336,000 | 166,000 | -365,000 |
| Stock | -2,061,000 | 441,000 | 1,620,000 | ||||||||||||
| Debtors | -12,632,000 | -3,141,000 | -287,000 | 486,000 | 6,242,000 | 673,000 | 333,000 | 3,858,000 | 3,110,000 | 896,000 | 4,108,000 | 1,089,000 | -146,000 | -686,000 | 3,225,000 |
| Creditors | -192,000 | 126,000 | 66,000 | -337,000 | 35,000 | 302,000 | |||||||||
| Accruals and Deferred Income | -116,000 | 77,000 | -5,000 | -190,000 | 113,000 | -47,000 | -398,000 | 271,000 | 271,000 | 255,000 | 154,000 | -886,000 | -61,000 | 947,000 | |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 13,110,000 | 1,094,000 | 685,000 | -14,000 | -5,622,000 | 6,000 | -5,527,000 | -21,000 | 334,000 | 527,000 | -444,000 | -2,127,000 | |||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 1,093,000 | -2,635,000 | 4,213,000 | -417,000 | 4,630,000 | ||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -113,000 | 113,000 | -334,000 | 334,000 | 257,000 | -5,231,000 | -124,000 | 5,468,000 | |||||||
| Other Short Term Loans | 1,000 | 144,000 | -25,000 | 23,000 | 2,000 | 20,000 | |||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 176,000 | 182,000 | 12,000 | 38,000 | 47,000 | 32,000 | 16,000 | 17,000 | 16,000 | -9,000 | -214,000 | -441,000 | |||
| cash flow from financing | 177,000 | 326,000 | 12,000 | 38,000 | 47,000 | 7,000 | -74,000 | 2,966,000 | 36,000 | -334,000 | 7,659,000 | 257,000 | -5,240,000 | 183,000 | 8,856,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -96,000 | 320,000 | 704,000 | 22,000 | -74,000 | 74,000 | 15,000 | -494,000 | -601,000 | 1,095,000 | |||||
| overdraft | |||||||||||||||
| change in cash | -96,000 | 320,000 | 704,000 | 22,000 | -74,000 | 74,000 | 15,000 | -494,000 | -601,000 | 1,095,000 |
linatex limited Credit Report and Business Information
Linatex Limited Competitor Analysis
Perform a competitor analysis for linatex limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in OL14 area or any other competitors across 12 key performance metrics.
linatex limited Ownership
LINATEX LIMITED group structure
Linatex Limited has 4 subsidiary companies.
Ultimate parent company
LINATEX AUSTRALIA PTY LTD
#0054714
2 parents
LINATEX LIMITED
00246713
4 subsidiaries
linatex limited directors
Linatex Limited currently has 2 directors. The longest serving directors include Mr Graham Vanhegan (May 2018) and Mr Christopher Palmer (Nov 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graham Vanhegan | United Kingdom | 60 years | May 2018 | - | Director |
| Mr Christopher Palmer | Scotland | 47 years | Nov 2023 | - | Director |
P&L
December 2023turnover
861k
-5%
operating profit
807k
-147%
gross margin
19%
+10.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.9m
-0.76%
total assets
4.2m
-0.75%
cash
950k
-0.09%
net assets
Total assets minus all liabilities
linatex limited company details
company number
00246713
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
March 1930
age
95
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
wilkinson rubber linatex limited (January 1990)
accountant
-
auditor
-
address
c/o weir minerals europe, halifax road, todmorden, lancashire, OL14 5RT
Bank
HSBC BANK PLC
Legal Advisor
-
linatex limited Charges & Mortgages
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 8 charges/mortgages relating to linatex limited. Currently there are 0 open charges and 8 have been satisfied in the past.
linatex limited Capital Raised & Share Issues BETA
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.
Click to start generating capital raising & share issue transactions for LINATEX LIMITED. This can take several minutes, an email will notify you when this has completed.
linatex limited Companies House Filings - See Documents
| date | description | view/download |
|---|
