Line V Limited

Line V Limited is a small, active company from Ilford, UK, established three years ago. It’s a solo-founder operation with one employee and £55,222 in assets, operating from a real address. The company is led by a single director and owner, Vornicov Nicolai. Line V Limited specializes in building completion, construction activities, and retail sales via the internet.

The company’s website doesn’t offer much detail beyond its core business. It appears to be primarily an e-commerce operation, selling construction-related products and services. There's no indication of a physical store or showroom. The website is functional but basic, suggesting a focus on online sales rather than a premium brand experience.

Financially, Line V Limited shows some interesting trends. Cash bank on hand has seen a significant increase of 210%, jumping to £33,000. However, creditors have also risen sharply, increasing by 280% to £19,000. Trade debtors have also increased substantially, up 620% to £22,000. Despite these increases, net current assets improved by 310% to £36,000. While the company’s equity has grown significantly, increasing by 320% to £37,000, the increase in debt suggests it's relying more on borrowed funds. The company’s small size—meeting two of three criteria for being classified as small—allows for flexibility, but the rising debt levels warrant closer monitoring. The company’s financial statements were compiled by LD Accounting Ltd.

Overall, Line V Limited seems to be growing, but it's important to note that the company is not showing profit. The increase in debt could be a sign of investment in growth, or it could indicate financial strain. It’s possible the company is reinvesting earnings into the business, but further investigation would be needed to confirm this.

Registered in England/Wales under the registration number 13967904, with a registered address at IG1 3NA, England, Ilford, 33 Canterbury Avenue.

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