Line Equipment Limited

Line Equipment Limited, based in Nottingham, UK, is a small, active company founded 24 years ago. With 20 employees and £5,241,076 in assets, it’s a well-established player in its field. The company, owned by Blashkiw John, maintains a real address and is managed by two directors. Google users rate it a perfect 5.0 based on four reviews. Line Equipment is an irregular importer of machinery parts (last import March 2025) but a regular exporter of machinery and parts (last export March 2025), with 73 months of export activity.

The company specializes in designing and building VFFS (Vertical Form Fill and Seal) bagging machines for packaging products in bags, working with clients worldwide. Its website showcases a range of machines suitable for various products, including foods, cereals, and powders. They offer both standard and custom-built machines, along with ancillary equipment like conveyors and fillers. The company also provides services like zip application and machine upgrades. Their website even mentions a partnership with the PPMA, a process and packaging machinery association.

Financially, Line Equipment Limited shows some interesting trends. Cash bank holdings increased by a substantial 15%, reaching £4.4 million, while current assets also rose by 13% to £5.2 million. However, trade debtors decreased significantly by 45%, dropping to £210,000, which could indicate challenges in collecting payments. Creditors also increased by 43%, reaching £810,000. A notable increase in other creditors, up 90% to £560,000, suggests potential short-term financing needs. Despite these shifts, retained earnings accumulated losses increased by 8.4%, reaching £4.5 million. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the changes in debt management are worth noting. The unaudited financial statements, overseen by DKS Chartered Certified Accountants, don’t mention an auditor. The company’s focus on specialized machinery and its long-standing presence suggest a stable business, but the fluctuating debt levels warrant further observation.

Registered in England/Wales under the registration number 04031719, with a registered address at NG16 3SU, England, Nottingham, Unit 4 Coombe Road, Moorgreen.

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