caneline limited
caneline limited Company Information
Company Number
01558277
Next Accounts
Sep 2025
Shareholders
beacon computer services limited
Group Structure
View All
Industry
Other information technology and computer service activities
Registered Address
the friars, 82 high street south, dunstable, bedfordshire., LU6 3HD
caneline limited Estimated Valuation
Pomanda estimates the enterprise value of CANELINE LIMITED at £1.9m based on a Turnover of £1.8m and 1.07x industry multiple (adjusted for size and gross margin).
caneline limited Estimated Valuation
Pomanda estimates the enterprise value of CANELINE LIMITED at £0 based on an EBITDA of £-323k and a 7.31x industry multiple (adjusted for size and gross margin).
caneline limited Estimated Valuation
Pomanda estimates the enterprise value of CANELINE LIMITED at £0 based on Net Assets of £-683k and 2.25x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Caneline Limited Overview
Caneline Limited is a live company located in dunstable, LU6 3HD with a Companies House number of 01558277. It operates in the other information technology service activities sector, SIC Code 62090. Founded in April 1981, it's largest shareholder is beacon computer services limited with a 100% stake. Caneline Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.8m with high growth in recent years.
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Caneline Limited Health Check
Pomanda's financial health check has awarded Caneline Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
0 Regular
6 Weak
Size
annual sales of £1.8m, make it smaller than the average company (£7.3m)
£1.8m - Caneline Limited
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (8%)
16% - Caneline Limited
8% - Industry AVG
Production
with a gross margin of 90.7%, this company has a lower cost of product (51.5%)
90.7% - Caneline Limited
51.5% - Industry AVG
Profitability
an operating margin of -18.2% make it less profitable than the average company (3.5%)
-18.2% - Caneline Limited
3.5% - Industry AVG
Employees
with 21 employees, this is below the industry average (43)
21 - Caneline Limited
43 - Industry AVG
Pay Structure
on an average salary of £39.1k, the company has a lower pay structure (£74.2k)
£39.1k - Caneline Limited
£74.2k - Industry AVG
Efficiency
resulting in sales per employee of £86.2k, this is less efficient (£178.1k)
£86.2k - Caneline Limited
£178.1k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (52 days)
18 days - Caneline Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 275 days, this is slower than average (33 days)
275 days - Caneline Limited
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Caneline Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (14 weeks)
3 weeks - Caneline Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 222.8%, this is a higher level of debt than the average (64.7%)
222.8% - Caneline Limited
64.7% - Industry AVG
CANELINE LIMITED financials
Caneline Limited's latest turnover from December 2023 is £1.8 million and the company has net assets of -£683 thousand. According to their latest financial statements, Caneline Limited has 21 employees and maintains cash reserves of £90 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 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,811,000 | 1,477,000 | 1,167,000 | 1,158,000 | 1,636,000 | 1,217,888 | 628,176 | 655,569 | 644,839 | ||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 168,000 | 151,000 | 128,000 | 146,000 | 118,000 | 104,645 | 65,139 | 80,322 | 91,454 | ||||||
| Gross Profit | 1,643,000 | 1,326,000 | 1,039,000 | 1,012,000 | 1,518,000 | 1,113,243 | 563,037 | 575,247 | 553,385 | ||||||
| Admin Expenses | 1,973,000 | 1,620,000 | 1,262,000 | 1,260,000 | 1,465,000 | 1,257,878 | 608,237 | 614,564 | 542,234 | ||||||
| Operating Profit | -330,000 | -294,000 | -223,000 | -248,000 | 53,000 | -144,635 | -45,200 | -39,317 | 11,151 | ||||||
| Interest Payable | 28,000 | 28,000 | 15,000 | 11,000 | 11,000 | 6,373 | 2,247 | 3,285 | 4,110 | ||||||
| Interest Receivable | 1,000 | 45 | 17 | 18 | |||||||||||
| Pre-Tax Profit | -272,000 | -266,000 | -148,000 | -140,000 | 125,000 | -68,679 | -30,360 | -42,687 | 93,567 | ||||||
| Tax | -111,000 | 211,000 | -31,000 | -26,000 | 19,481 | 68,013 | 22,020 | -43,263 | |||||||
| Profit After Tax | -272,000 | -377,000 | 63,000 | -171,000 | 99,000 | -49,198 | 37,653 | -20,667 | 50,304 | ||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -272,000 | -377,000 | 63,000 | -171,000 | 99,000 | -49,198 | 37,653 | -20,667 | 50,304 | ||||||
| Employee Costs | 822,000 | 631,000 | 581,000 | 633,000 | 631,000 | 532,129 | 221,286 | 215,745 | |||||||
| Number Of Employees | 21 | 18 | 16 | 16 | 14 | 14 | 10 | 8 | 8 | ||||||
| EBITDA* | -323,000 | -286,000 | -218,000 | -245,000 | 56,000 | -143,656 | -44,472 | -38,799 | 11,657 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 24,000 | 28,000 | 29,000 | 23,000 | 8,000 | 7,919 | 897 | 1,625 | 839 | 1,070 | 707 | 1,009 | 698 | ||
| Intangible Assets | |||||||||||||||
| Investments & Other | 16,000 | ||||||||||||||
| Debtors (Due After 1 year) | 100,000 | 116,000 | 211,000 | ||||||||||||
| Total Fixed Assets | 124,000 | 144,000 | 240,000 | 23,000 | 24,000 | 7,919 | 897 | 1,625 | 839 | 1,070 | 707 | 1,009 | 698 | ||
| Stock & work in progress | 900 | 900 | 900 | 900 | |||||||||||
| Trade Debtors | 90,000 | 66,000 | 57,000 | 56,000 | 85,000 | 97,586 | 128,323 | 85,103 | 256,942 | 258,028 | 235,740 | 203,708 | 241,063 | 220,490 | 202,413 |
| Group Debtors | 140,000 | 164,000 | 94,000 | 321,000 | 570,000 | 270,798 | 86,016 | ||||||||
| Misc Debtors | 112,000 | 154,000 | 85,000 | 147,000 | 148,000 | 135,770 | 94,549 | 20,332 | 1,599 | ||||||
| Cash | 90,000 | 70,000 | 129,000 | 63,000 | 38,000 | 48,221 | 80,894 | 156,622 | 61,648 | 192 | 192 | 3,525 | 29,811 | 17,483 | 1,185 |
| misc current assets | |||||||||||||||
| total current assets | 432,000 | 454,000 | 365,000 | 587,000 | 841,000 | 552,375 | 389,782 | 262,057 | 320,189 | 258,220 | 235,932 | 208,133 | 271,774 | 238,873 | 204,498 |
| total assets | 556,000 | 598,000 | 605,000 | 610,000 | 865,000 | 560,294 | 390,679 | 263,682 | 321,028 | 259,290 | 236,639 | 209,142 | 271,774 | 238,873 | 205,196 |
| Bank overdraft | 3,270 | 57,970 | 7,699 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 127,000 | 96,000 | 76,000 | 74,000 | 120,000 | 90,823 | 27,087 | 34,175 | 37,040 | 301,620 | 310,020 | 140,529 | 158,467 | 159,556 | 149,377 |
| Group/Directors Accounts | 282,000 | 255,000 | 128,000 | 2,622 | 195 | 195 | |||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 830,000 | 658,000 | 435,000 | 401,000 | 451,000 | 284,462 | 231,115 | 184,230 | 268,315 | ||||||
| total current liabilities | 1,239,000 | 1,009,000 | 639,000 | 475,000 | 571,000 | 375,285 | 264,094 | 276,375 | 313,054 | 301,620 | 310,020 | 140,724 | 158,662 | 159,556 | 149,377 |
| loans | 228,000 | 220,000 | 209,247 | 101,625 | 120,000 | 120,000 | |||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 4,000 | 120,000 | 120,000 | ||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 232,000 | 220,000 | 209,247 | 101,625 | 120,000 | 120,000 | 120,000 | 120,000 | |||||||
| total liabilities | 1,239,000 | 1,009,000 | 639,000 | 707,000 | 791,000 | 584,532 | 365,719 | 276,375 | 313,054 | 301,620 | 310,020 | 260,724 | 278,662 | 279,556 | 269,377 |
| net assets | -683,000 | -411,000 | -34,000 | -97,000 | 74,000 | -24,238 | 24,960 | -12,693 | 7,974 | -42,330 | -73,381 | -51,582 | -6,888 | -40,683 | -64,181 |
| total shareholders funds | -683,000 | -411,000 | -34,000 | -97,000 | 74,000 | -24,238 | 24,960 | -12,693 | 7,974 | -42,330 | -73,381 | -51,582 | -6,888 | -40,683 | -64,181 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -330,000 | -294,000 | -223,000 | -248,000 | 53,000 | -144,635 | -45,200 | -39,317 | 11,151 | ||||||
| Depreciation | 7,000 | 8,000 | 5,000 | 3,000 | 3,000 | 979 | 728 | 518 | 506 | 362 | 302 | 199 | 698 | 734 | |
| Amortisation | |||||||||||||||
| Tax | -111,000 | 211,000 | -31,000 | -26,000 | 19,481 | 68,013 | 22,020 | -43,263 | |||||||
| Stock | -900 | 900 | |||||||||||||
| Debtors | -58,000 | 53,000 | -77,000 | -279,000 | 298,846 | 195,266 | 50,347 | -153,106 | 513 | 22,288 | 32,032 | -37,355 | 20,573 | 18,077 | 202,413 |
| Creditors | 31,000 | 20,000 | 2,000 | -46,000 | 29,177 | 63,736 | -9,953 | -2,865 | -264,580 | -8,400 | 169,491 | -17,938 | -1,089 | 10,179 | 149,377 |
| Accruals and Deferred Income | 172,000 | 223,000 | 34,000 | -50,000 | 166,538 | 53,347 | -37,200 | -84,085 | 268,315 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | -62,000 | -207,000 | 106,000 | -93,000 | -73,131 | -202,358 | -73,959 | 49,377 | -28,384 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -16,000 | 16,000 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 27,000 | 127,000 | 128,000 | -2,622 | 2,622 | -195 | 195 | ||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -228,000 | 8,000 | 10,753 | 107,622 | 101,625 | -120,000 | 120,000 | ||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -4,000 | 4,000 | -120,000 | 120,000 | |||||||||||
| share issue | |||||||||||||||
| interest | -28,000 | -28,000 | -15,000 | -11,000 | -10,000 | -6,328 | -2,230 | -3,267 | -4,110 | ||||||
| cash flow from financing | -1,000 | 99,000 | -119,000 | 1,000 | -9 | 98,672 | 81,350 | -3,267 | -4,110 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | 20,000 | -59,000 | 66,000 | 25,000 | -10,221 | -32,673 | 19,246 | 94,974 | 61,456 | -3,333 | -26,286 | 12,328 | 16,298 | 1,185 | |
| overdraft | -3,270 | -4,429 | 50,271 | 7,699 | |||||||||||
| change in cash | 20,000 | -59,000 | 66,000 | 25,000 | -10,221 | -29,403 | 23,675 | 44,703 | 53,757 | -3,333 | -26,286 | 12,328 | 16,298 | 1,185 |
caneline limited Credit Report and Business Information
Caneline Limited Competitor Analysis
Perform a competitor analysis for caneline limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in LU6 area or any other competitors across 12 key performance metrics.
caneline limited Ownership
CANELINE LIMITED group structure
Caneline Limited has no subsidiary companies.
Ultimate parent company
MERCURY BIDCO GLOBE LTD
#0174048
2 parents
CANELINE LIMITED
01558277
caneline limited directors
Caneline Limited currently has 4 directors. The longest serving directors include Mr Roy Danson (Dec 1990) and Mr Anthony Doherty (Dec 1990).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Roy Danson | 75 years | Dec 1990 | - | Director | |
| Mr Anthony Doherty | 78 years | Dec 1990 | - | Director | |
| Mr Paul Gilmour | England | 60 years | Jun 2017 | - | Director |
| Mr David Hathiramani | United Kingdom | 43 years | Jun 2017 | - | Director |
P&L
December 2023turnover
1.8m
+23%
operating profit
-330k
+12%
gross margin
90.8%
+1.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-683k
+0.66%
total assets
556k
-0.07%
cash
90k
+0.29%
net assets
Total assets minus all liabilities
caneline limited company details
company number
01558277
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
April 1981
age
44
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
DELOITTE LLP
address
the friars, 82 high street south, dunstable, bedfordshire., LU6 3HD
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
BEYOND CORPORATE LIMITED
caneline 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 did not find charges/mortgages relating to caneline limited.
caneline 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.
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caneline limited Companies House Filings - See Documents
| date | description | view/download |
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