Active

LINE NETWORKS LIMITED Financials

Company number
02606505Copy
Copy
Registered office
40 Chamberlayne Road, London, NW10 3JE
Incorporated
30/04/1991

Company snapshot

Status
Active
Employees
3 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£62.24K2024
87.09%vs 2023

2023: £33.27K

Total Assets

£101.81K2024
53.94%vs 2023

2023: £66.14K

Cash in Bank

£57.59K2024
31.52%vs 2023

2023: £43.79K

Total Liabilities

£39.22K2024
21.26%vs 2023

2023: £32.34K

Employees

32024
0vs 2023

2023: 3

In 2024, LINE NETWORKS LIMITED reported net assets of £62.24K. The same filing shows total assets of £101.81K, cash in bank of £57.59K and total liabilities of £39.22K. Reported headcount was 3 in 2024. Total Assets rose from £66.14K in 2023 to £101.81K in 2024 (53.94%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£62.24K2024
87.09%from £33.27K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures LINE NETWORKS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£32.86K2022£62.24K2024
+89.4%vs 2022

+37.6% a year compound (CAGR)

Cash in Bank

£19.66K2022£57.59K2024
+193%vs 2022

+71.2% a year compound (CAGR)

Total Assets

£47.75K2022£101.81K2024
+113%vs 2022

+46% a year compound (CAGR)

Total Liabilities

£14.63K2022£39.22K2024
+168%vs 2022

+63.7% a year compound (CAGR)

Employees

3202232024
0%vs 2022

Biggest increase

Cash in Bank+193%

£19.66K in 2022 to £57.59K in 2024

Every measure that changed in LINE NETWORKS LIMITED's filings between 2022 and 2024 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from LINE NETWORKS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
61.13%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
38.52%2024
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
146.85%2024
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
56.57%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for LINE NETWORKS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£54.16K32.86K33.27K62.24K
Total Assets£71.22K47.75K66.14K101.81K
Cash in Bank£51.45K19.66K43.79K57.59K
Total Liabilities£16.52K14.63K32.34K39.22K
Employees3333

LINE NETWORKS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for LINE NETWORKS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

LINE NETWORKS LIMITED reported net assets of £62.24K for 2024. That compares with £33.27K in 2023, a change of 87.09%.

LINE NETWORKS LIMITED reported total assets of £101.81K for 2024. That compares with £66.14K in 2023, a change of 53.94%.

LINE NETWORKS LIMITED reported cash in bank of £57.59K for 2024. That compares with £43.79K in 2023, a change of 31.52%.

LINE NETWORKS LIMITED reported 3 employees in 2024, compared with 3 in 2023.

Between 2022 and 2024, LINE NETWORKS LIMITED's net assets rose by 89.4%, cash in bank rose by 193%, total assets rose by 113% and total liabilities rose by 168%. Net assets compounded at 37.6% a year across the two years to 2024, from £32.86K to £62.24K. Reported headcount went from 3 in 2022 to 3 in 2024.

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.