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Line Equipment Limited

04031719

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 4 COOMBE ROAD, NOTTINGHAM, NG16 3SU
Incorporated 11/07/2000

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 11/07/2025

Due 25/07/2026

On track

Industry

71129
Other engineering activities

Officers

Mr John Blashkiw

director · Since 11/07/2000

ENGINEER

BRITISH · ENGLAND · Age 75

Also on 3 other boards

Mr John Blashkiw

secretary · Since 09/10/2018

Also on 3 other boards

Persons with Significant Control

Mr John Blashkiw

75–100% shares

British · England · Age 75

Unit 4, Coombe Road, Nottingham, NG16 3SU

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/06/2001Registered 07/07/2001

CompanyRankvs 109+ SIC 71129 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 8.4× · 20/20
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 strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s

Key FinancialsYear ending 31/10/2025

Net Worth

£5.7M

Balance sheet strength

Cash

£5.8M

Cash in the bank

Net Current Assets

£5.6M

Working capital

Current Assets

£6.3M

Current Liabilities

£755k

Fixed Assets

£77k

Debtors

£178k

20avg. employees

Balance Sheet

Assets less current liabilities£5.7M
Signed by Mr J Blashkiw,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20258.40+£529k
20246.92+£638k
20236.45—

Derived from filed accounts. Not audited figures.