linen developments limited
linen developments limited Company Information
Company Number
08983943
Next Accounts
Sep 2025
Shareholders
lotus homes holdings limited
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
quadrant house floor 6, 4 thomas more square, london, E1W 1YW
Website
lotushomes.comlinen developments limited Estimated Valuation
Pomanda estimates the enterprise value of LINEN DEVELOPMENTS LIMITED at £6.2k based on a Turnover of £2k and 3.03x industry multiple (adjusted for size and gross margin).
linen developments limited Estimated Valuation
Pomanda estimates the enterprise value of LINEN DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-16k and a 6.5x industry multiple (adjusted for size and gross margin).
linen developments limited Estimated Valuation
Pomanda estimates the enterprise value of LINEN DEVELOPMENTS LIMITED at £0 based on Net Assets of £-162 and 1.58x industry multiple (adjusted for liquidity).
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Linen Developments Limited Overview
Linen Developments Limited is a live company located in london, E1W 1YW with a Companies House number of 08983943. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in April 2014, it's largest shareholder is lotus homes holdings limited with a 100% stake. Linen Developments Limited is a established, micro sized company, Pomanda has estimated its turnover at £2k with declining growth in recent years.
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Linen Developments Limited Health Check
Pomanda's financial health check has awarded Linen Developments Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £2k, make it smaller than the average company (£930.5k)
- Linen Developments Limited
£930.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -94%, show it is growing at a slower rate (2.8%)
- Linen Developments Limited
2.8% - Industry AVG
Production
with a gross margin of 70.3%, this company has a comparable cost of product (70.3%)
- Linen Developments Limited
70.3% - Industry AVG
Profitability
an operating margin of -787.9% make it less profitable than the average company (24.1%)
- Linen Developments Limited
24.1% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Linen Developments Limited
4 - Industry AVG
Pay Structure
on an average salary of £38k, the company has an equivalent pay structure (£38k)
- Linen Developments Limited
£38k - Industry AVG
Efficiency
resulting in sales per employee of £2k, this is less efficient (£186.4k)
- Linen Developments Limited
£186.4k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (24 days)
- Linen Developments Limited
24 days - Industry AVG
Creditor Days
its suppliers are paid after 575 days, this is slower than average (32 days)
- Linen Developments Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Linen Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 37 weeks, this is more cash available to meet short term requirements (8 weeks)
37 weeks - Linen Developments Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 120.6%, this is a higher level of debt than the average (64.1%)
120.6% - Linen Developments Limited
64.1% - Industry AVG
LINEN DEVELOPMENTS LIMITED financials
Linen Developments Limited's latest turnover from December 2023 is estimated at £2 thousand and the company has net assets of -£162. According to their latest financial statements, we estimate that Linen Developments Limited has 1 employee and maintains cash reserves of £688 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 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||||
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | ||||||||||
| Stock & work in progress | 106,203 | 467,292 | 555,565 | |||||||
| Trade Debtors | 100 | 399,749 | 637,387 | 1,007,191 | 958,822 | 807,161 | 787,418 | 13,871 | 280 | 100 |
| Group Debtors | ||||||||||
| Misc Debtors | ||||||||||
| Cash | 688 | 1,762 | 2,004 | 4,406 | 5,340 | 227,574 | 13,511 | 411,489 | 916 | 40,614 |
| misc current assets | ||||||||||
| total current assets | 788 | 401,511 | 639,391 | 1,011,597 | 964,162 | 1,034,735 | 907,132 | 892,652 | 556,761 | 40,714 |
| total assets | 788 | 401,511 | 639,391 | 1,011,597 | 964,162 | 1,034,735 | 907,132 | 892,652 | 556,761 | 40,714 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 950 | 385,736 | 636,100 | 985,211 | 963,829 | 1,011,303 | 428,222 | 676,734 | 441,195 | 300 |
| Group/Directors Accounts | ||||||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | ||||||||||
| total current liabilities | 950 | 385,736 | 636,100 | 985,211 | 963,829 | 1,011,303 | 428,222 | 676,734 | 441,195 | 300 |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | ||||||||||
| total long term liabilities | ||||||||||
| total liabilities | 950 | 385,736 | 636,100 | 985,211 | 963,829 | 1,011,303 | 428,222 | 676,734 | 441,195 | 300 |
| net assets | -162 | 15,775 | 3,291 | 26,386 | 333 | 23,432 | 478,910 | 215,918 | 115,566 | 40,414 |
| total shareholders funds | -162 | 15,775 | 3,291 | 26,386 | 333 | 23,432 | 478,910 | 215,918 | 115,566 | 40,414 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | ||||||||||
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | -106,203 | -361,089 | -88,273 | 555,565 | ||||||
| Debtors | -399,649 | -237,638 | -369,804 | 48,369 | 151,661 | 19,743 | 773,547 | 13,591 | 180 | 100 |
| Creditors | -384,786 | -250,364 | -349,111 | 21,382 | -47,474 | 583,081 | -248,512 | 235,539 | 440,895 | 300 |
| Accruals and Deferred Income | ||||||||||
| Deferred Taxes & Provisions | ||||||||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | ||||||||||
| Other Short Term Loans | ||||||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -1,074 | -242 | -2,402 | -934 | -222,234 | 214,063 | -397,978 | 410,573 | -39,698 | 40,614 |
| overdraft | ||||||||||
| change in cash | -1,074 | -242 | -2,402 | -934 | -222,234 | 214,063 | -397,978 | 410,573 | -39,698 | 40,614 |
linen developments limited Credit Report and Business Information
Linen Developments Limited Competitor Analysis
Perform a competitor analysis for linen developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in E1W area or any other competitors across 12 key performance metrics.
linen developments limited Ownership
LINEN DEVELOPMENTS LIMITED group structure
Linen Developments Limited has no subsidiary companies.
Ultimate parent company
LOTUS HOMES HOLDINGS LTD
#0174756
2 parents
LINEN DEVELOPMENTS LIMITED
08983943
linen developments limited directors
Linen Developments Limited currently has 5 directors. The longest serving directors include Mr Paul O'Rourke (Oct 2015) and Mr Fergal McAliskey (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul O'Rourke | Northern Ireland | 66 years | Oct 2015 | - | Director |
| Mr Fergal McAliskey | Northern Ireland | 35 years | Nov 2019 | - | Director |
| Mr Martin Tumilty | Northern Ireland | 42 years | Nov 2019 | - | Director |
| Mr Ciaran Murdock | Scotland | 61 years | Feb 2022 | - | Director |
| Mr Kevin Murdock | Northern Ireland | 58 years | Feb 2022 | - | Director |
P&L
December 2023turnover
2k
-100%
operating profit
-16k
0%
gross margin
70.4%
+0.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-162
-1.01%
total assets
788
-1%
cash
688
-0.61%
net assets
Total assets minus all liabilities
Similar Companies
linen developments limited company details
company number
08983943
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
April 2014
age
11
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
linen homes holdings limited (December 2022)
bannview homes limited (January 2022)
See moreaccountant
IDS CHARTERED ACCOUNTANTS LLP
auditor
-
address
quadrant house floor 6, 4 thomas more square, london, E1W 1YW
Bank
-
Legal Advisor
-
linen developments 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 3 charges/mortgages relating to linen developments limited. Currently there are 0 open charges and 3 have been satisfied in the past.
linen developments 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 LINEN DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
linen developments limited Companies House Filings - See Documents
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