Linear Composites Limited
02380921
Some Concerns
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 26/04/2025
Due 10/05/2026
Industry
Officers
director · Since 01/01/2008
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 1 other board
director · Since 25/01/2013
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 1 other board
director · Since 10/02/2020
FINANCIAL DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 2 other boards
Persons with Significant Control
Maccaferri Ltd
9, Blenheim Office Park, Witney, OX29 8LN
Reg: 00562692 · Companies House · Limited Company
Notified 06/04/2016
Charges1 outstanding
HSBC UK BANK PLC
HSBC INVOICE FINANCE (UK) LIMITED ("THE SECURITY HOLDER")
FORWARD TRUST GROUP LIMITED
MIDLAND BANK PLC
MIDLAND BANK PLC
CompanyRankvs 108+ SIC 13100 peers30
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Tax at Year End
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 4.14 | +£1.4M |
| 2021 | 3.45 | — |
Derived from filed accounts. Not audited figures.