L1ne Ltd

L1ne Ltd from Cheltenham, UK, is a small, active company founded nine years ago. With just one employee and a virtual address shared by 79 other companies, it’s a solo founder operation led by a single director and owner. The company’s status is active, and it’s classified as a small business, meeting two out of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. L1ne Ltd is an irregular importer, focusing on clothing and accessories made by knitting or crocheting, with just two months of import activity recorded as of March 2023. The company operates in the management consultancy activities other than financial management industries.

The company's website showcases expertise in industrial floor coating and line marking. InLine Limited offers services like floor coating, antislip surfacing, and car park solutions for warehouses, sports courts, and playgrounds. The website emphasizes precision, durability, and safety, targeting industrial clients seeking to transform their workspaces. It's clear that InLine Limited is a specialist in this area, offering bespoke solutions and highlighting their commitment to quality and customer satisfaction. They even offer consultancy services, suggesting a deeper level of expertise beyond just installation.

Financially, L1ne Ltd presents a mixed picture. While cash bank on hand decreased by 39% to £7,700, trade debtors dropped significantly by 77% to £14,000—a positive sign of improved collections. However, accrued liabilities and deferred income increased by 13% to £7,600, and creditors rose by 26% to £460,000. Equity has taken a hit, plummeting 65% to -£380,000, indicating a substantial loss. Amounts owed to directors increased by 26% to £320,000, which could be a concern. The company’s small size helps it remain agile, but the decline in equity suggests it’s burning through money. There is no auditor mentioned, likely due to its status as a small company. It's clear that L1ne Ltd is facing financial pressures, but its specialized services and focus on quality may help it navigate these challenges.

Registered in England/Wales under the registration number 10178977, with a registered address at GL50 4DW, United Kingdom, Cheltenham, C/O Bishop Fleming Llp, 10 North Place.

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