I-line Counters Limited

I Line Counters Ltd from Ormskirk UK: a small holding company with an active status, was founded 14 years ago. It employs six people and holds £259,262 in assets, operating from a virtual address. The company has one director and one owner, and functions as an irregular importer of machinery, boilers, and mechanical appliances; parts (2 months imported), while regularly exporting the same (6 months exported).

The company specializes in providing food servery counters, restaurant, and catering equipment within the foodservice industry. It offers turnkey solutions, from initial design and CAD drawings to supply, management, and installation—partnering with manufacturers and skilled engineers. Its website highlights a commitment to quality and customer satisfaction, serving a diverse clientele from boutique cafes to educational facilities.

Financially, I Line Counters Ltd presents a mixed picture. Current assets have fallen by 67% to £260,000, and net assets have dropped significantly by 61% to £38,000. Cash reserves have declined sharply, falling 86% to £59,000. Bank borrowings have increased by 2400%, reaching £29,000. However, creditors have decreased by 71%, suggesting improved debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity raises concerns. With no auditor mentioned, the financial statements are unaudited. The company’s owner has changed nine years ago.

Registered in England/Wales under the registration number 07546519, with a registered address at L39 2BY, England, Ormskirk, Lancashire, 32 Derby Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.