line art limited
line art limited Company Information
Company Number
08446874
Website
www.lineartlimited.comRegistered Address
117 drake street, rochdale, OL16 1PZ
Industry
Finishing of textiles
Telephone
01706769786
Next Accounts Due
July 2025
Group Structure
View All
Directors
Abbas Mehdi11 Years
Shareholders
abbas mehdi 100%
line art limited Estimated Valuation
Pomanda estimates the enterprise value of LINE ART LIMITED at £25.8k based on a Turnover of £119.7k and 0.22x industry multiple (adjusted for size and gross margin).
line art limited Estimated Valuation
Pomanda estimates the enterprise value of LINE ART LIMITED at £129.6k based on an EBITDA of £20.5k and a 6.32x industry multiple (adjusted for size and gross margin).
line art limited Estimated Valuation
Pomanda estimates the enterprise value of LINE ART LIMITED at £0 based on Net Assets of £-120.5k and 1.22x industry multiple (adjusted for liquidity).
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Line Art Limited Overview
Line Art Limited is a live company located in rochdale, OL16 1PZ with a Companies House number of 08446874. It operates in the finishing of textiles sector, SIC Code 13300. Founded in March 2013, it's largest shareholder is abbas mehdi with a 100% stake. Line Art Limited is a established, micro sized company, Pomanda has estimated its turnover at £119.7k with declining growth in recent years.
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Line Art Limited Health Check
Pomanda's financial health check has awarded Line Art Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
4 Weak
Size
annual sales of £119.7k, make it smaller than the average company (£4.6m)
- Line Art Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -34%, show it is growing at a slower rate (6.2%)
- Line Art Limited
6.2% - Industry AVG
Production
with a gross margin of 29.7%, this company has a comparable cost of product (29.7%)
- Line Art Limited
29.7% - Industry AVG
Profitability
an operating margin of 17.1% make it more profitable than the average company (7.6%)
- Line Art Limited
7.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (31)
1 - Line Art Limited
31 - Industry AVG
Pay Structure
on an average salary of £32.7k, the company has an equivalent pay structure (£32.7k)
- Line Art Limited
£32.7k - Industry AVG
Efficiency
resulting in sales per employee of £119.7k, this is equally as efficient (£119.7k)
- Line Art Limited
£119.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Line Art Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Line Art Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Line Art Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is more cash available to meet short term requirements (10 weeks)
26 weeks - Line Art Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3574.3%, this is a higher level of debt than the average (39.4%)
3574.3% - Line Art Limited
39.4% - Industry AVG
LINE ART LIMITED financials
Line Art Limited's latest turnover from October 2023 is estimated at £119.7 thousand and the company has net assets of -£120.5 thousand. According to their latest financial statements, Line Art Limited has 1 employee and maintains cash reserves of £3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | |||||||||||
| Interest Receivable | |||||||||||
| Pre-Tax Profit | |||||||||||
| Tax | |||||||||||
| Profit After Tax | |||||||||||
| Dividends Paid | |||||||||||
| Retained Profit | |||||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 1 | 2 | 3 | 3 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 1,233 | 7,584 | 13,821 | 20,172 | 26,523 | 32,874 | 17,919 | 13,152 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 1,233 | 7,584 | 13,821 | 20,172 | 26,523 | 32,874 | 17,919 | 13,152 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 443 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 3,026 | 646 | 4,430 | 13,534 | 5,488 | 6,257 | 2,603 | 13,340 | 8,362 | 175 | 61 |
| misc current assets | 0 | 0 | 0 | 646 | 1,263 | 434 | 1,352 | 0 | 0 | 0 | 0 |
| total current assets | 3,469 | 646 | 4,430 | 14,180 | 6,751 | 6,691 | 3,955 | 13,340 | 8,362 | 175 | 61 |
| total assets | 3,469 | 646 | 5,663 | 21,764 | 20,572 | 26,863 | 30,478 | 46,214 | 26,281 | 13,327 | 61 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 5,833 | 5,833 | 6,471 | 8,893 | 7,148 | 3,714 | 3,104 | 1,770 | 81,963 | 45,724 | 0 |
| total current liabilities | 5,833 | 5,833 | 6,471 | 8,893 | 7,148 | 3,714 | 3,104 | 1,770 | 81,963 | 45,724 | 0 |
| loans | 118,160 | 120,917 | 18,868 | 20,000 | 0 | 0 | 148,848 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 110,590 | 126,322 | 150,381 | 148,648 | 0 | 145,777 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 118,160 | 120,917 | 129,458 | 146,322 | 150,381 | 148,648 | 148,848 | 145,777 | 0 | 0 | 0 |
| total liabilities | 123,993 | 126,750 | 135,929 | 155,215 | 157,529 | 152,362 | 151,952 | 147,547 | 81,963 | 45,724 | 0 |
| net assets | -120,524 | -126,104 | -130,266 | -133,451 | -136,957 | -125,499 | -121,474 | -101,333 | -55,682 | -32,397 | 61 |
| total shareholders funds | -120,524 | -126,104 | -130,266 | -133,451 | -136,957 | -125,499 | -121,474 | -101,333 | -55,682 | -32,397 | 61 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 1,233 | 6,351 | 6,351 | 6,351 | 6,351 | 8,351 | 3,572 | 3,572 | 2,321 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 443 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | -638 | -2,422 | 1,745 | 3,434 | 610 | 1,334 | -80,193 | 36,239 | 45,724 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -2,757 | 102,049 | -1,132 | 20,000 | 0 | -148,848 | 148,848 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | -110,590 | -15,732 | -24,059 | 1,733 | 148,648 | -145,777 | 145,777 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 2,380 | -3,784 | -9,104 | 8,046 | -769 | 3,654 | -10,737 | 4,978 | 8,187 | 114 | 61 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,380 | -3,784 | -9,104 | 8,046 | -769 | 3,654 | -10,737 | 4,978 | 8,187 | 114 | 61 |
line art limited Credit Report and Business Information
Line Art Limited Competitor Analysis
Perform a competitor analysis for line art limited by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in OL16 area or any other competitors across 12 key performance metrics.
line art limited Ownership
LINE ART LIMITED group structure
Line Art Limited has no subsidiary companies.
Ultimate parent company
LINE ART LIMITED
08446874
line art limited directors
Line Art Limited currently has 1 director, Mr Abbas Mehdi serving since Mar 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Abbas Mehdi | England | 55 years | Mar 2013 | - | Director |
P&L
October 2023turnover
119.7k
-63%
operating profit
20.5k
0%
gross margin
29.8%
-1.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-120.5k
-0.04%
total assets
3.5k
+4.37%
cash
3k
+3.68%
net assets
Total assets minus all liabilities
Similar Companies
line art limited company details
company number
08446874
Type
Private limited with Share Capital
industry
13300 - Finishing of textiles
incorporation date
March 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
October 2023
previous names
high 5 telecom limited (January 2014)
accountant
-
auditor
-
address
117 drake street, rochdale, OL16 1PZ
Bank
-
Legal Advisor
-
line art 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 line art limited.
line art limited Companies House Filings - See Documents
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