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Linear Composites Limited

02380921

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

9 BLENHEIM OFFICE PARK, WITNEY, OX29 8LN
Incorporated 08/05/1989

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 26/04/2025

Due 10/05/2026

Overdue

Industry

13100
Preparation and spinning of textile fibres

Officers

Mr Timothy John Balderson

director · Since 01/01/2008

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Mr Matthew Andrew Stephen Showan

director · Since 25/01/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Mr Anthony William Rutter

secretary · Since 02/12/2015

Also on 2 other boards

Mr Anthony William Rutter

director · Since 10/02/2020

FINANCIAL DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Mr Giampietro Gardellini

director · Since 30/05/2023

COMPANY DIRECTOR

ITALIAN · ITALY · Age 51

Mr Stefano Susani

director · Since 19/02/2025

DIRECTOR

ITALIAN · ITALY · Age 59

Also on 1 other board

Persons with Significant Control

Maccaferri Ltd

75–100% shares

9, Blenheim Office Park, Witney, OX29 8LN

Reg: 00562692 · Companies House · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 07/02/2019Registered 13/02/2019
charge
satisfied

HSBC INVOICE FINANCE (UK) LIMITED ("THE SECURITY HOLDER")

Created 16/03/2005Registered 17/03/2005Satisfied 07/06/2006
charge
satisfied

FORWARD TRUST GROUP LIMITED

Created 15/06/1998Registered 15/06/1998Satisfied 25/05/2006
charge
satisfied

MIDLAND BANK PLC

Created 29/11/1994Registered 02/12/1994Satisfied 07/06/2006
charge
satisfied

MIDLAND BANK PLC

Created 29/06/1989Registered 05/07/1989Satisfied 26/03/1992

CompanyRankvs 108+ SIC 13100 peers
30

Financial strength23th percentile among SIC peers · 6/25
Employees93th percentile among SIC peers · 14/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength6/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

are free from material misstatement, whether due to fraud or error. In preparing the financial statements , the directors are responsible for assessing the company ' s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease opera

Key FinancialsYear ending 31/12/2024

Net Worth

£2

Balance sheet strength

Cash

£1.0M

Cash in the bank

Profit Before Tax

£1.1M

Bottom line earnings

Net Current Assets

Working capital

Current Assets

Current Liabilities

£2.1M

Fixed Assets

£953k

Debtors

£2.8M

Admin Expenses

£1.3M

Profit After Tax

£815k

35avg. employees-5

Tax at Year End

Corp tax£0
Dividends paid£3.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20224.14+£1.4M
20213.45

Derived from filed accounts. Not audited figures.