lint (redington road) limited
lint (redington road) limited Company Information
Company Number
05423107
Next Accounts
Jun 2025
Shareholders
lint group limited
Group Structure
View All
Industry
Construction of domestic buildings
Registered Address
gabrielle house, 332-336 perth road, ilford, essex, IG2 6FF
Website
www.lintgroup.netlint (redington road) limited Estimated Valuation
Pomanda estimates the enterprise value of LINT (REDINGTON ROAD) LIMITED at £42.9k based on a Turnover of £118.4k and 0.36x industry multiple (adjusted for size and gross margin).
lint (redington road) limited Estimated Valuation
Pomanda estimates the enterprise value of LINT (REDINGTON ROAD) LIMITED at £3.1m based on an EBITDA of £936.7k and a 3.26x industry multiple (adjusted for size and gross margin).
lint (redington road) limited Estimated Valuation
Pomanda estimates the enterprise value of LINT (REDINGTON ROAD) LIMITED at £0 based on Net Assets of £-3.4m and 1.34x industry multiple (adjusted for liquidity).
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Lint (redington Road) Limited Overview
Lint (redington Road) Limited is a live company located in ilford, IG2 6FF with a Companies House number of 05423107. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in April 2005, it's largest shareholder is lint group limited with a 100% stake. Lint (redington Road) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £118.4k with declining growth in recent years.
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Lint (redington Road) Limited Health Check
Pomanda's financial health check has awarded Lint (Redington Road) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £118.4k, make it smaller than the average company (£467.5k)
- Lint (redington Road) Limited
£467.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -55%, show it is growing at a slower rate (9.4%)
- Lint (redington Road) Limited
9.4% - Industry AVG
Production
with a gross margin of 20.7%, this company has a comparable cost of product (20.7%)
- Lint (redington Road) Limited
20.7% - Industry AVG
Profitability
an operating margin of 791.5% make it more profitable than the average company (5.4%)
- Lint (redington Road) Limited
5.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (3)
2 - Lint (redington Road) Limited
3 - Industry AVG
Pay Structure
on an average salary of £41.7k, the company has an equivalent pay structure (£41.7k)
- Lint (redington Road) Limited
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £59.2k, this is less efficient (£205.1k)
- Lint (redington Road) Limited
£205.1k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (27 days)
- Lint (redington Road) Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (30 days)
- Lint (redington Road) Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Lint (redington Road) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (15 weeks)
1 weeks - Lint (redington Road) Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 146.1%, this is a higher level of debt than the average (73.3%)
146.1% - Lint (redington Road) Limited
73.3% - Industry AVG
LINT (REDINGTON ROAD) LIMITED financials
Lint (Redington Road) Limited's latest turnover from September 2023 is estimated at £118.4 thousand and the company has net assets of -£3.4 million. According to their latest financial statements, Lint (Redington Road) Limited has 2 employees and maintains cash reserves of £141.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | -4,798 | -7,545 | |||||||||||||
| Interest Payable | 451 | 3,200 | |||||||||||||
| Interest Receivable | 3 | 16 | |||||||||||||
| Pre-Tax Profit | -5,246 | -10,729 | |||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | -5,246 | -10,729 | |||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -5,246 | -10,729 | |||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | |||||||||
| EBITDA* | -4,798 | -7,545 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 7,100,000 | 6,750,000 | |||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 7,100,000 | 6,750,000 | |||||||||||||
| Stock & work in progress | 6,750,000 | 6,750,000 | 6,750,000 | 6,750,000 | 10,204,701 | 10,020,742 | 9,550,880 | 8,551,677 | 6,117,217 | 4,490,247 | 4,242,607 | 4,130,548 | 3,811,823 | ||
| Trade Debtors | 90 | 90 | 29,610 | 22,649 | 19,952 | 47,912 | 48,073 | 20,011 | 13,175 | ||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 79,626 | 60,448 | 66,923 | 2,065 | 44,878 | 46,727 | 91,517 | 78,521 | 62,306 | 28,081 | 26,277 | ||||
| Cash | 141,583 | 122,065 | 120,237 | 126,284 | 121,103 | 122,666 | 121,018 | 120,831 | 1,276 | 7,546 | 3,991 | 3,325 | 20,408 | 23,000 | 19,231 |
| misc current assets | |||||||||||||||
| total current assets | 221,299 | 182,603 | 6,966,770 | 6,878,349 | 6,915,981 | 6,942,042 | 10,437,188 | 10,220,094 | 9,614,462 | 8,607,135 | 6,169,281 | 4,513,583 | 4,276,190 | 4,181,629 | 3,857,331 |
| total assets | 7,321,299 | 6,932,603 | 6,966,770 | 6,878,349 | 6,915,981 | 6,942,042 | 10,437,188 | 10,220,094 | 9,614,462 | 8,607,135 | 6,169,281 | 4,513,583 | 4,276,190 | 4,181,629 | 3,857,331 |
| Bank overdraft | 33,294 | ||||||||||||||
| Bank loan | 1,899,749 | ||||||||||||||
| Trade Creditors | 4,770 | 817 | 15,302 | 7,585 | 7,857 | 37,847 | 156,121 | 124,905 | 81,085 | 4,322,405 | 3,587,508 | 3,330,361 | 3,165,525 | 50,432 | 62,370 |
| Group/Directors Accounts | 5,725,580 | 5,747,743 | 5,753,755 | 5,763,521 | 5,702,616 | 5,663,616 | 5,526,442 | 5,350,703 | 4,915,644 | 2,123,175 | 1,678,790 | ||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 29,518 | 8,782 | 38,429 | 4,937 | 13,044 | 12,314 | 20,547 | 7,211 | 3,711 | 145,759 | 204,676 | ||||
| total current liabilities | 5,759,868 | 5,757,342 | 5,807,486 | 5,776,043 | 5,723,517 | 5,713,777 | 5,703,110 | 5,482,819 | 5,000,440 | 4,322,405 | 3,587,508 | 3,330,361 | 3,165,525 | 4,219,115 | 1,979,130 |
| loans | 4,848,000 | 4,848,000 | 4,848,000 | 4,800,000 | 4,800,000 | 4,800,000 | 4,800,000 | 4,800,000 | 4,666,339 | 1,910,441 | |||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 4,331,501 | 2,625,707 | 1,224,985 | 1,150,301 | |||||||||||
| provisions | 87,500 | ||||||||||||||
| total long term liabilities | 4,935,500 | 4,848,000 | 4,848,000 | 4,800,000 | 4,800,000 | 4,800,000 | 4,800,000 | 4,800,000 | 4,666,339 | 4,331,501 | 2,625,707 | 1,224,985 | 1,150,301 | 1,910,441 | |
| total liabilities | 10,695,368 | 10,605,342 | 10,655,486 | 10,576,043 | 10,523,517 | 10,513,777 | 10,503,110 | 10,282,819 | 9,666,779 | 8,653,906 | 6,213,215 | 4,555,346 | 4,315,826 | 4,219,115 | 3,889,571 |
| net assets | -3,374,069 | -3,672,739 | -3,688,716 | -3,697,694 | -3,607,536 | -3,571,735 | -65,922 | -62,725 | -52,317 | -46,771 | -43,934 | -41,763 | -39,636 | -37,486 | -32,240 |
| total shareholders funds | -3,374,069 | -3,672,739 | -3,688,716 | -3,697,694 | -3,607,536 | -3,571,735 | -65,922 | -62,725 | -52,317 | -46,771 | -43,934 | -41,763 | -39,636 | -37,486 | -32,240 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -4,798 | -7,545 | |||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -6,750,000 | -3,454,701 | 183,959 | 469,862 | 999,203 | 2,434,460 | 1,626,970 | 247,640 | 112,059 | 318,725 | 3,811,823 | ||||
| Debtors | 19,178 | -35,995 | 94,468 | -42,813 | -24,498 | -42,093 | 32,948 | 16,215 | 14,394 | -161 | 28,062 | 6,836 | -14,906 | 1,804 | 26,277 |
| Creditors | 3,953 | -14,485 | 7,717 | -272 | -29,990 | -118,274 | 31,216 | 43,820 | -4,241,320 | 734,897 | 257,147 | 164,836 | 3,115,093 | -11,938 | 62,370 |
| Accruals and Deferred Income | 20,736 | -29,647 | 33,492 | -8,107 | 730 | -8,233 | 13,336 | 3,500 | 3,711 | -145,759 | -58,917 | 204,676 | |||
| Deferred Taxes & Provisions | 87,500 | ||||||||||||||
| Cash flow from operations | -396,182 | -3,578,599 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 350,000 | 6,750,000 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -1,899,749 | 1,899,749 | |||||||||||||
| Group/Directors Accounts | -22,163 | -6,012 | -9,766 | 60,905 | 39,000 | 137,174 | 175,739 | 435,059 | 4,915,644 | -2,123,175 | 444,385 | 1,678,790 | |||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 48,000 | 133,661 | 4,666,339 | -1,910,441 | 1,910,441 | ||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -4,331,501 | 1,705,794 | 1,400,722 | 74,684 | 1,150,301 | ||||||||||
| share issue | |||||||||||||||
| interest | -448 | -3,184 | |||||||||||||
| cash flow from financing | 433,245 | 3,564,536 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 19,518 | 1,828 | -6,047 | 5,181 | -1,563 | 1,648 | 187 | 119,555 | -6,270 | 3,555 | 666 | -17,083 | -2,592 | 3,769 | 19,231 |
| overdraft | -33,294 | 33,294 | |||||||||||||
| change in cash | 19,518 | 1,828 | -6,047 | 5,181 | -1,563 | 1,648 | 187 | 119,555 | -6,270 | 3,555 | 666 | -17,083 | -2,592 | 37,063 | -14,063 |
lint (redington road) limited Credit Report and Business Information
Lint (redington Road) Limited Competitor Analysis
Perform a competitor analysis for lint (redington road) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in IG2 area or any other competitors across 12 key performance metrics.
lint (redington road) limited Ownership
LINT (REDINGTON ROAD) LIMITED group structure
Lint (Redington Road) Limited has no subsidiary companies.
lint (redington road) limited directors
Lint (Redington Road) Limited currently has 2 directors. The longest serving directors include Mr Rizwan Patel (Jun 2008) and Mr Tarsaim Chand (Mar 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Rizwan Patel | 51 years | Jun 2008 | - | Director | |
| Mr Tarsaim Chand | England | 57 years | Mar 2009 | - | Director |
P&L
September 2023turnover
118.4k
+7%
operating profit
936.7k
0%
gross margin
20.8%
+0.35%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-3.4m
-0.08%
total assets
7.3m
+0.06%
cash
141.6k
+0.16%
net assets
Total assets minus all liabilities
lint (redington road) limited company details
company number
05423107
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
April 2005
age
20
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
September 2023
previous names
matrix (redington road) limited (May 2009)
assetglobe limited (April 2006)
accountant
VISION CONSULTING ACCOUNTANTS LIMITED
auditor
-
address
gabrielle house, 332-336 perth road, ilford, essex, IG2 6FF
Bank
BARCLAYS BANK PLC
Legal Advisor
-
lint (redington road) 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 10 charges/mortgages relating to lint (redington road) limited. Currently there are 1 open charges and 9 have been satisfied in the past.
lint (redington road) 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 LINT (REDINGTON ROAD) LIMITED. This can take several minutes, an email will notify you when this has completed.
lint (redington road) limited Companies House Filings - See Documents
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