LINSTREAM LTD

1 ST. MARY'S STREET, ROSS-ON-WYE, HEREFORDSHIRE, HR9 5HT

Company Number: 09119529
Incorporation date: 07-Jul-2014
Status: Active
Entity type: Private Limited Company

SIC codes:
28930 Manufacture of machinery for food, beverage and tobacco processing





SUMMARY

This company is 9.7 years old and is currently active. It is controlled by Mr Ian Richard Jenkins. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -52.9 thousand which has worsened since the previous year's figure of GBP -50.6 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -2.4 thousand in the last reported period. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -183.9 thousand), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 3 active officers (directors or partners) who are or were officers of 32 other companies, 12 (37.5%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 31-Dec-2024
Accounts Filed: TOTAL EXEMPTION FULL (31-Mar-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Mar-2022 GBP -2,536
31-Mar-2021 GBP -16,639
31-Mar-2020 GBP -9,823
31-Mar-2019 GBP -9,662
31-Mar-2018 GBP -101,521
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2023 GBP 8,697 8,697 84,344 131,000 -183,909 -52,909
31-Mar-2022 GBP 11,076 11,076 84,365 131,000 -181,551 -50,551
31-Mar-2021 GBP 13,597 36,335 84,350 131,000 -179,015 -48,015
31-Mar-2020 GBP 1,426 59,030 90,406 131,000 -162,376 -31,376
31-Mar-2019 GBP 29,280 60,526 82,079 131,000 -152,553 -21,553
31-Mar-2018 GBP 39,308 75,929 100,820 118,000 -142,891 -24,891
31-Mar-2017 GBP 35,254 44,809 76,179 10,000 -41,370 -31,370

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Mar-2019 GBP 9.92% 13,000 118,000 131,000 90,206
31-Mar-2018 GBP 91.53% 108,000 10,000 118,000 26,719
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Robert John PARSONS 03 Dec 2014 01 Jul 2017 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Robert John PARSONS 03 Dec 2014 01 Jul 2017 Accountant British 1 - 90 (0.0%)
Active David Michael PEARCE 12 Aug 2014 Company Director British 3 - 169 (47.4%)
Active Nicholas Simon SPRAGUE 12 Aug 2014 Company Director British 7 - 1812 (48.0%)
Active Ian Richard JENKINS 07 Jul 2014 Company Director British 3 - 51 (12.5%)
Number of active directors: 3
Average tenure of active directors: 9.7 years
Average tenure of resigned directors: 2.6 years
Average active director Dissolution Rate: 36.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
THE BRITISH SOFT DRINKS ASSOCIATION LIMITED (00500979) - Active
DAYLA LIQUID PACKING LIMITED (00603111) - Active
MINIURBAN LIMITED (02295911) - Active
FOODNET (JUICES) LIMITED (03530722) - Active
FROBISHERS JUICES LIMITED (03738540) - Active
COBELL LTD (03876527) - Active
UJUICE LIMITED (04550558) - Dissolved
D&D SWIMMING POOLS & SPAS LIMITED (04753296) - Dissolved
LEIGHAM BUSINESS UNITS MANAGEMENT COMPANY LIMITED (04770410) - Active
MAMHEAD BUSINESS UNITS MANAGEMENT COMPANY LIMITED (04969854) - Active
CONCEPT FOOD PACKING LIMITED (05071349) - Dissolved
COBELL INTERNATIONAL LIMITED (06543226) - Active
SAFEFIL LIMITED (06749225) - Active
OVERROSS PROPERTY LIMITED (06749234) - Active
ROLBROOK LIMITED (06810335) - Dissolved
PARABOTTLE (07134183) - Dissolved
FIVE VALLEYS CORDIALS LIMITED (07526548) - Active
COBELL CONTRACT PACKERS LIMITED (07868138) - Dissolved
LIGHTFIELDS CONSULTANCY LIMITED (07880878) - Dissolved
PWR RETAIL LIMITED (07943901) - Dissolved
PWR VENDING LIMITED (07943950) - Dissolved
PWR JUNIOR LIMITED (07943956) - Dissolved
PWR PROFESSIONAL LIMITED (07944028) - Dissolved
PWR (UK) LIMITED (07949628) - Dissolved
FROBISHERS JUICES (HOLDINGS) LIMITED (08190171) - Active
LINSTREAM LTD (09119529) - Active
CLINICAL DESIGN TECHNOLOGIES LIMITED (09189635) - Active
FRUT DRINKS LIMITED (09464609) - Active
BORN ALCOHOL FREE LIMITED (12167286) - Active
DEVON FARM KITCHEN LTD (12353512) - Active
COBELL INTERNATIONAL LIMITED (13129779) - Active - Proposal to Strike off
FILLX DISPENSE LIMITED (14156926) - Active
COBELL LIMITED (14582053) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

LINSTREAM LTD

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 28930 Manufacture of machinery for food, beverage and tobacco processing)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
ISHIDA EUROPE LTD. 11 KETTLES WOOD DRIVE, WOODGATE BUSINESS PARK, BIRMINGHAM, WEST MIDLANDS, B32 3DB 01832141 2018-03-20 134,072,000 8,646,000
CARNAUDMETALBOX ENGINEERING LIMITED DOCKFIELD ROAD, SHIPLEY, WEST YORKSHIRE, BD17 7AY 00472767 2017-12-31 109,085,000 14,857,000
GEA PROCESS ENGINEERING LIMITED LEACROFT HOUSE LEACROFT ROAD, BIRCHWOOD, WARRINGTON, CHESHIRE, WA3 6JF 01275022 2017-12-31 76,899,027 -100,900
KRONES UK LIMITED WESTREGEN HOUSE,GREAT BANK ROAD, WINGATES INDUSTRIAL PARK, WEST HOUGHTON, BOLTON, BL5 3XB 00521832 2017-12-31 66,772,000 3,302,000
BENTALL ROWLANDS STORAGE SYSTEMS LIMITED CENTURION COURT, CENTURION WAY, LEYLAND, LANCASHIRE, PR25 3UQ 03650449 2017-09-30 7,270,361 0
MORTON MIXERS & BLENDERS LTD SUMMIT HOUSE, 4-5 MITCHELL STREET, EDINBURGH, SCOTLAND, EH6 7BD SC338320 2018-03-31 418,282 0
FOOD TECHNOLOGY SOLUTIONS LIMITED REEDS FARM COTTAGE ALDERS ROAD, CAPEL, TONBRIDGE, KENT, UNITED KINGDOM, TN12 6SR 09395971 2018-01-31 197,260 0
ME ENGINEERING LTD OVERGREEN, GREAT ORTON, CARLISLE, CA5 6NA 08902335 2018-01-31 117,764 0 43210-Electrical installation
43220-Plumbing, heat and air-conditioning installation
43999-Other specialised construction activities not elsewhere classified
BAKERY SPARES LTD 26 THE RUSSETS, WAKEFIELD, UNITED KINGDOM, WF2 6JF 09816632 2017-10-31 72,292 0
K. G. D. ENTERPRISES LIMITED NETHERWOOD ROAD, ROTHERWAS INDUSTRIAL ESTATE, HEREFORD, HR2 6JU 01649976 0000-00-00 0 0 28990-Manufacture of other special-purpose machinery not elsewhere classified

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
LINSTREAM LTD 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.6% 2.5% 4.9% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.5% 2.1% 4.2% Medium
Accounting Month 0.5% 1.8% 3.9% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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