LINEV SYSTEMS UK LIMITED Financials
- Company number
- 05809452CopyCopy
- Industry
- Manufacture of irradiation electromedical and electrotherapeutic equipment (26.60 - SIC 2007)
- Registered office
- Unit 1 Cross Channel Business Park, Mount Pleasant, Ramsgate, Kent CT12 4AU
- Incorporated
- 08/05/2006
Company snapshot
- Status
- Active
- Employees
- 10 (2023)
- Latest financial data
- 2023
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
86.58%vs 20222022: £-437.16K
Total Assets
-29.59%vs 20222022: £3.46M
Cash in Bank
-80.49%vs 20222022: £1.58M
Total Liabilities
-36.30%vs 20222022: £3.81M
Employees
0vs 20222022: 10
In 2023, LINEV SYSTEMS UK LIMITED reported net assets of £-58.65K. The same filing shows total assets of £2.44M, cash in bank of £307.95K and total liabilities of £2.42M. Reported headcount was 10 in 2023. Total Liabilities fell from £3.81M in 2022 to £2.42M in 2023 (-36.30%). Okredo holds filed figures for 2021–2023; 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
86.58%from £-437.16K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures LINEV SYSTEMS UK LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-120%vs 2021Cash in Bank
-27.6%vs 2021-14.9% a year compound (CAGR)
Total Assets
+29.4%vs 2021+13.8% a year compound (CAGR)
Total Liabilities
+61.3%vs 2021+27% a year compound (CAGR)
Employees
+42.9%vs 2021+3Biggest increase
Total Liabilities+61.3%
£1.50M in 2021 to £2.42M in 2023
Biggest decrease
Net Assets-120%
£289.21K in 2021 to £-58.65K in 2023
LINEV SYSTEMS UK LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LINEV SYSTEMS UK 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
- -2.41%2023
- 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
- 99.55%2023
- 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
- 12.70%2023
- 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
- 12.64%2023
- 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 LINEV SYSTEMS UK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 289.21K | -437.16K | -58.65K |
| Total Assets£ | 1.88M | 3.46M | 2.44M |
| Cash in Bank£ | 425.33K | 1.58M | 307.95K |
| Total Liabilities£ | 1.50M | 3.81M | 2.42M |
| Employees | 7 | 10 | 10 |
LINEV SYSTEMS UK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for LINEV SYSTEMS UK LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
LINEV SYSTEMS UK LIMITED reported net assets of £-58.65K for 2023. That compares with £-437.16K in 2022, a change of 86.58%.
LINEV SYSTEMS UK LIMITED reported total assets of £2.44M for 2023. That compares with £3.46M in 2022, a change of -29.59%.
LINEV SYSTEMS UK LIMITED reported cash in bank of £307.95K for 2023. That compares with £1.58M in 2022, a change of -80.49%.
LINEV SYSTEMS UK LIMITED reported 10 employees in 2023, compared with 10 in 2022.
Between 2021 and 2023, LINEV SYSTEMS UK LIMITED's net assets fell by 120%, cash in bank fell by 27.6%, total assets rose by 29.4% and total liabilities rose by 61.3%. Cash in bank contracted at 14.9% a year across the two years to 2023, from £425.33K to £307.95K. Reported headcount went from 7 in 2021 to 10 in 2023 (+3).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.