jointline limited Company Information
Company Number
01878959
Next Accounts
Dec 2025
Shareholders
jointline hodings ltd
Group Structure
View All
Industry
Support services to forestry
+2Registered Address
airfield view, camp road, witham st hughs, lincoln, LN6 9TW
Website
www.jointline-group.co.ukjointline limited Estimated Valuation
Pomanda estimates the enterprise value of JOINTLINE LIMITED at £8.9m based on a Turnover of £16.2m and 0.55x industry multiple (adjusted for size and gross margin).
jointline limited Estimated Valuation
Pomanda estimates the enterprise value of JOINTLINE LIMITED at £7.2m based on an EBITDA of £1.3m and a 5.5x industry multiple (adjusted for size and gross margin).
jointline limited Estimated Valuation
Pomanda estimates the enterprise value of JOINTLINE LIMITED at £12.6m based on Net Assets of £7.5m and 1.68x industry multiple (adjusted for liquidity).
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Jointline Limited Overview
Jointline Limited is a live company located in witham st hughs, LN6 9TW with a Companies House number of 01878959. It operates in the support services to forestry sector, SIC Code 02400. Founded in January 1985, it's largest shareholder is jointline hodings ltd with a 100% stake. Jointline Limited is a mature, mid sized company, Pomanda has estimated its turnover at £16.2m with healthy growth in recent years.
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Jointline Limited Health Check
Pomanda's financial health check has awarded Jointline Limited a 4.5 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 £16.2m, make it larger than the average company (£10.9m)
£16.2m - Jointline Limited
£10.9m - Industry AVG

Growth
3 year (CAGR) sales growth of 7%, show it is growing at a similar rate (8.9%)
7% - Jointline Limited
8.9% - Industry AVG

Production
with a gross margin of 24.6%, this company has a comparable cost of product (22.5%)
24.6% - Jointline Limited
22.5% - Industry AVG

Profitability
an operating margin of 5.3% make it as profitable than the average company (5.5%)
5.3% - Jointline Limited
5.5% - Industry AVG

Employees
with 115 employees, this is above the industry average (41)
115 - Jointline Limited
41 - Industry AVG

Pay Structure
on an average salary of £51.5k, the company has an equivalent pay structure (£47.6k)
£51.5k - Jointline Limited
£47.6k - Industry AVG

Efficiency
resulting in sales per employee of £141.1k, this is less efficient (£209.8k)
£141.1k - Jointline Limited
£209.8k - Industry AVG

Debtor Days
it gets paid by customers after 73 days, this is later than average (46 days)
73 days - Jointline Limited
46 days - Industry AVG

Creditor Days
its suppliers are paid after 52 days, this is slower than average (32 days)
52 days - Jointline Limited
32 days - Industry AVG

Stock Days
it holds stock equivalent to 11 days, this is less than average (25 days)
11 days - Jointline Limited
25 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (29 weeks)
0 weeks - Jointline Limited
29 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 32.5%, this is a lower level of debt than the average (54%)
32.5% - Jointline Limited
54% - Industry AVG
JOINTLINE LIMITED financials

Jointline Limited's latest turnover from March 2024 is £16.2 million and the company has net assets of £7.5 million. According to their latest financial statements, Jointline Limited has 115 employees and maintains cash reserves of £2.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 16,226,508 | 13,137,270 | 16,164,974 | 13,131,864 | 12,134,603 | 12,681,085 | 12,438,377 | 8,907,881 | 8,466,093 | 8,927,336 | 7,937,609 | 6,301,549 | 7,803,984 | 7,128,185 | 7,223,153 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 12,241,973 | 10,602,818 | 12,515,824 | 11,019,108 | 10,464,382 | 9,974,780 | 10,218,038 | 7,013,309 | 7,285,834 | 7,375,349 | 6,380,464 | 5,434,688 | 6,423,124 | 5,750,505 | 5,857,597 |
Gross Profit | 3,984,535 | 2,534,452 | 3,649,150 | 2,112,756 | 1,670,221 | 2,706,305 | 2,220,339 | 1,894,572 | 1,180,259 | 1,551,987 | 1,557,145 | 866,861 | 1,380,860 | 1,377,680 | 1,365,556 |
Admin Expenses | 3,121,726 | 2,709,095 | 2,718,673 | 1,579,262 | 1,751,684 | 1,807,198 | 1,942,510 | 1,501,674 | 1,292,415 | 1,208,774 | 1,130,764 | 1,120,289 | 1,047,851 | 1,064,443 | 1,075,650 |
Operating Profit | 862,809 | -174,643 | 930,477 | 533,494 | -81,463 | 899,107 | 277,829 | 392,898 | -112,156 | 343,213 | 426,381 | -253,428 | 333,009 | 313,237 | 289,906 |
Interest Payable | 68,996 | 40,636 | 34,888 | 27,776 | 30,998 | 43,171 | 55,640 | 49,583 | 41,000 | 27,899 | 15,324 | 2,432 | 2,664 | 5,436 | 7,412 |
Interest Receivable | 1,129 | 1,261 | 31 | 877 | 689 | 1,459 | 377 | 37 | 216 | 105 | 84 | 66 | 38 | 1,857 | 2,263 |
Pre-Tax Profit | 794,942 | -214,018 | 895,620 | 506,595 | -111,772 | 857,395 | 222,566 | 343,352 | -152,940 | 315,419 | 411,141 | -255,794 | 330,383 | 309,658 | 284,757 |
Tax | -35,410 | 199,286 | -218,206 | -100,667 | 8,488 | -162,707 | -51,834 | -70,350 | 28,196 | -78,343 | -104,051 | 63,146 | -116,920 | -80,917 | -99,613 |
Profit After Tax | 759,532 | -14,732 | 677,414 | 405,928 | -103,284 | 694,688 | 170,732 | 273,002 | -124,744 | 237,076 | 307,090 | -192,648 | 213,463 | 228,741 | 185,144 |
Dividends Paid | |||||||||||||||
Retained Profit | 759,532 | -14,732 | 677,414 | 405,928 | -103,284 | 694,688 | 170,732 | 273,002 | -124,744 | 237,076 | 307,090 | -192,648 | 213,463 | 228,741 | 185,144 |
Employee Costs | 5,924,537 | 5,135,028 | 5,357,072 | 4,845,465 | 5,150,073 | 4,757,524 | 4,427,491 | 3,597,890 | 3,750,995 | 3,417,888 | 3,277,260 | 2,744,846 | 3,029,317 | 2,925,051 | 2,943,823 |
Number Of Employees | 115 | 113 | 112 | 109 | 117 | 105 | 105 | 82 | 90 | 85 | 76 | 72 | 74 | 68 | 74 |
EBITDA* | 1,307,255 | 256,722 | 1,390,578 | 976,784 | 289,792 | 1,328,442 | 724,982 | 705,873 | 210,977 | 587,687 | 602,078 | -125,916 | 474,713 | 478,216 | 464,933 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 2,167,997 | 1,554,808 | 1,485,431 | 1,552,653 | 1,176,191 | 1,348,215 | 1,569,567 | 1,185,486 | 1,461,712 | 893,785 | 645,873 | 435,220 | 455,165 | 519,278 | 595,485 |
Intangible Assets | 80,609 | 85,856 | 101,950 | 118,045 | 134,140 | 150,235 | |||||||||
Investments & Other | 2 | 2 | 2 | ||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 2,248,606 | 1,640,664 | 1,587,381 | 1,670,698 | 1,310,331 | 1,498,450 | 1,569,567 | 1,185,486 | 1,461,712 | 893,785 | 645,873 | 435,220 | 455,167 | 519,280 | 595,487 |
Stock & work in progress | 377,256 | 418,637 | 416,481 | 348,375 | 374,001 | 293,676 | 273,834 | 291,796 | 196,660 | 245,339 | 177,345 | 228,039 | 181,341 | 213,090 | 177,950 |
Trade Debtors | 3,258,830 | 2,607,855 | 2,356,392 | 2,299,346 | 2,783,990 | 2,453,097 | 2,313,862 | 1,815,861 | 1,406,198 | 2,034,058 | 1,503,321 | 1,319,081 | 2,041,943 | 1,702,262 | 1,358,785 |
Group Debtors | 4,705,547 | 4,621,762 | 4,468,070 | 4,129,396 | 3,774,084 | 3,754,070 | 3,208,228 | 6,294,760 | 6,048,766 | 5,977,605 | 5,621,363 | 5,538,633 | 5,283,591 | 4,710,520 | 4,126,476 |
Misc Debtors | 495,177 | 270,071 | 185,244 | 93,561 | 342,899 | 127,497 | 400,946 | 218,468 | 332,923 | 239,355 | 285,369 | 311,338 | 62,327 | 68,825 | 262,596 |
Cash | 2,306 | 156 | 729,225 | 528,079 | 186,628 | 427,868 | 645,245 | 351,209 | 270,613 | 1,127 | 129,869 | 48,616 | 4,358 | 1,444 | 9,308 |
misc current assets | |||||||||||||||
total current assets | 8,839,116 | 7,918,481 | 8,155,412 | 7,398,757 | 7,461,602 | 7,056,208 | 6,842,115 | 8,972,094 | 8,255,160 | 8,497,484 | 7,717,267 | 7,445,707 | 7,573,560 | 6,696,141 | 5,935,115 |
total assets | 11,087,722 | 9,559,145 | 9,742,793 | 9,069,455 | 8,771,933 | 8,554,658 | 8,411,682 | 10,157,580 | 9,716,872 | 9,391,269 | 8,363,140 | 7,880,927 | 8,028,727 | 7,215,421 | 6,530,602 |
Bank overdraft | 31,538 | 15,073 | 6,738 | 11,409 | 164,270 | 12,622 | 2,114 | 2,066 | |||||||
Bank loan | |||||||||||||||
Trade Creditors | 1,764,317 | 1,483,662 | 1,461,860 | 1,454,196 | 1,723,483 | 1,080,180 | 1,775,296 | 926,713 | 744,643 | 857,788 | 778,845 | 855,328 | 1,028,928 | 813,464 | 949,274 |
Group/Directors Accounts | 220,331 | 220,331 | 69,641 | 69,641 | 69,641 | 218,343 | 104,545 | 3,157,826 | 2,799,195 | 2,749,189 | 2,375,364 | 2,442,002 | 2,202,689 | 1,844,222 | 1,180,117 |
other short term finances | |||||||||||||||
hp & lease commitments | 342,488 | 231,572 | 187,974 | 247,320 | 263,907 | 282,364 | 297,978 | 240,503 | 511,607 | 137,117 | 70,933 | 19,710 | 10,128 | 43,003 | 47,033 |
other current liabilities | 445,585 | 372,569 | 653,221 | 658,529 | 803,435 | 799,928 | 544,862 | 460,155 | 557,459 | 431,772 | 447,947 | 323,754 | 373,669 | 311,341 | 323,931 |
total current liabilities | 2,804,259 | 2,323,207 | 2,372,696 | 2,429,686 | 2,860,466 | 2,380,815 | 2,729,419 | 4,796,606 | 4,612,904 | 4,340,136 | 3,685,711 | 3,640,794 | 3,615,414 | 3,014,144 | 2,502,421 |
loans | |||||||||||||||
hp & lease commitments | 760,462 | 507,879 | 427,617 | 456,154 | 219,146 | 368,452 | 586,442 | 433,852 | 419,776 | 278,075 | 165,450 | 32,359 | 10,128 | 53,362 | |
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | 35,410 | 199,689 | 118,238 | 32,872 | 42,658 | 27,776 | 29,809 | 59,881 | 24,003 | 2,885 | 15,776 | 7,075 | 19,486 | ||
total long term liabilities | 795,872 | 507,879 | 627,306 | 574,392 | 252,018 | 411,110 | 614,218 | 463,661 | 479,657 | 302,078 | 165,450 | 35,244 | 15,776 | 17,203 | 72,848 |
total liabilities | 3,600,131 | 2,831,086 | 3,000,002 | 3,004,078 | 3,112,484 | 2,791,925 | 3,343,637 | 5,260,267 | 5,092,561 | 4,642,214 | 3,851,161 | 3,676,038 | 3,631,190 | 3,031,347 | 2,575,269 |
net assets | 7,487,591 | 6,728,059 | 6,742,791 | 6,065,377 | 5,659,449 | 5,762,733 | 5,068,045 | 4,897,313 | 4,624,311 | 4,749,055 | 4,511,979 | 4,204,889 | 4,397,537 | 4,184,074 | 3,955,333 |
total shareholders funds | 7,487,591 | 6,728,059 | 6,742,791 | 6,065,377 | 5,659,449 | 5,762,733 | 5,068,045 | 4,897,313 | 4,624,311 | 4,749,055 | 4,511,979 | 4,204,889 | 4,397,537 | 4,184,074 | 3,955,333 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 862,809 | -174,643 | 930,477 | 533,494 | -81,463 | 899,107 | 277,829 | 392,898 | -112,156 | 343,213 | 426,381 | -253,428 | 333,009 | 313,237 | 289,906 |
Depreciation | 428,074 | 415,271 | 444,006 | 427,195 | 355,160 | 418,604 | 447,153 | 312,975 | 323,133 | 244,474 | 175,697 | 127,512 | 141,704 | 164,979 | 175,027 |
Amortisation | 16,372 | 16,094 | 16,095 | 16,095 | 16,095 | 10,731 | |||||||||
Tax | -35,410 | 199,286 | -218,206 | -100,667 | 8,488 | -162,707 | -51,834 | -70,350 | 28,196 | -78,343 | -104,051 | 63,146 | -116,920 | -80,917 | -99,613 |
Stock | -41,381 | 2,156 | 68,106 | -25,626 | 80,325 | 19,842 | -17,962 | 95,136 | -48,679 | 67,994 | -50,694 | 46,698 | -31,749 | 35,140 | 177,950 |
Debtors | 959,866 | 489,982 | 487,403 | -378,670 | 566,309 | 411,628 | -2,406,053 | 541,202 | -463,131 | 840,965 | 241,001 | -218,809 | 906,254 | 733,750 | 5,747,857 |
Creditors | 280,655 | 21,802 | 7,664 | -269,287 | 643,303 | -695,116 | 848,583 | 182,070 | -113,145 | 78,943 | -76,483 | -173,600 | 215,464 | -135,810 | 949,274 |
Accruals and Deferred Income | 73,016 | -280,652 | -5,308 | -144,906 | 3,507 | 255,066 | 84,707 | -97,304 | 125,687 | -16,175 | 124,193 | -49,915 | 62,328 | -12,590 | 323,931 |
Deferred Taxes & Provisions | 35,410 | -199,689 | 81,451 | 85,366 | -9,786 | 14,882 | -2,033 | -30,072 | 35,878 | 24,003 | -2,885 | -12,891 | 8,701 | -12,411 | 19,486 |
Cash flow from operations | 742,441 | -494,669 | 700,670 | 951,586 | 288,670 | 309,097 | 4,028,420 | 53,879 | 799,403 | -312,844 | 352,545 | -127,065 | -230,219 | -532,402 | -4,267,796 |
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | -2 | 2 | |||||||||||||
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | 150,690 | -148,702 | 113,798 | -3,053,281 | 358,631 | 50,006 | 373,825 | -66,638 | 239,313 | 358,467 | 664,105 | 1,180,117 | |||
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | 363,499 | 123,860 | -87,883 | 220,421 | -167,763 | -233,604 | 210,065 | -257,028 | 516,191 | 178,809 | 184,314 | 41,941 | -43,003 | -47,264 | 100,395 |
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | -67,867 | -39,375 | -34,857 | -26,899 | -30,309 | -41,712 | -55,263 | -49,546 | -40,784 | -27,794 | -15,240 | -2,366 | -2,626 | -3,579 | -5,149 |
cash flow from financing | 295,632 | 235,175 | -122,740 | 193,522 | -346,774 | -161,518 | -2,898,479 | 52,057 | 525,413 | 524,840 | 102,436 | 278,888 | 312,838 | 613,262 | 5,045,552 |
cash and cash equivalents | |||||||||||||||
cash | 2,150 | -729,069 | 201,146 | 341,451 | -241,240 | -217,377 | 294,036 | 80,596 | 269,486 | -128,742 | 81,253 | 44,258 | 2,914 | -7,864 | 9,308 |
overdraft | 16,465 | 15,073 | -6,738 | -4,671 | 11,409 | -164,270 | 151,648 | 12,622 | -2,114 | 48 | 2,066 | ||||
change in cash | -14,315 | -744,142 | 201,146 | 341,451 | -241,240 | -210,639 | 298,707 | 69,187 | 433,756 | -280,390 | 68,631 | 44,258 | 5,028 | -7,912 | 7,242 |
jointline limited Credit Report and Business Information
Jointline Limited Competitor Analysis

Perform a competitor analysis for jointline limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other mid companies, companies in LN6 area or any other competitors across 12 key performance metrics.
jointline limited Ownership
JOINTLINE LIMITED group structure
Jointline Limited has no subsidiary companies.
Ultimate parent company
2 parents
JOINTLINE LIMITED
01878959
jointline limited directors
Jointline Limited currently has 5 directors. The longest serving directors include Mr Stephen Phipps (Apr 2005) and Mr Brian Meddings (Apr 2005).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Stephen Phipps | England | 67 years | Apr 2005 | - | Director |
Mr Brian Meddings | England | 73 years | Apr 2005 | - | Director |
Mr Ceri Phipps | England | 61 years | Apr 2005 | - | Director |
Mr Gary Massey | 53 years | Jul 2021 | - | Director | |
Mr William Meddings | 42 years | May 2023 | - | Director |
P&L
March 2024turnover
16.2m
+24%
operating profit
862.8k
-594%
gross margin
24.6%
+27.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
7.5m
+0.11%
total assets
11.1m
+0.16%
cash
2.3k
+13.78%
net assets
Total assets minus all liabilities
jointline limited company details
company number
01878959
Type
Private limited with Share Capital
industry
42110 - Construction of roads and motorways
02400 - Support services to forestry
42990 - Construction of other civil engineering projects n.e.c.
incorporation date
January 1985
age
40
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
cantonland limited (August 1987)
accountant
-
auditor
UHY HACKER YOUNG MANCHESTER LLP
address
airfield view, camp road, witham st hughs, lincoln, LN6 9TW
Bank
BARCLAYS BANK PLC, BARCLAYS BANK PLC
Legal Advisor
-
jointline 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 5 charges/mortgages relating to jointline limited. Currently there are 2 open charges and 3 have been satisfied in the past.
jointline 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 JOINTLINE LIMITED. This can take several minutes, an email will notify you when this has completed.
jointline limited Companies House Filings - See Documents
date | description | view/download |
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