Lineout (uk) Ltd

Lineout (UK) Ltd, based in Maldon, UK, is a small, family-run business with an active status. Founded 17 years ago, the company employs nine people and holds £104,352 in assets. It operates from a virtual address, managed by two directors and two owners, and enjoys a perfect 5.0 Google rating from two reviews. While it’s an irregular importer of printed materials like books, newspapers, and pictures (with just one month of import activity), it’s a regular exporter of paper and paperboard products (four months of export activity).

The company’s website, Lineout Media Ltd, reveals a different focus: video production and related services. The site highlights animation, motion graphics, and BrightSign hire and installation—suggesting a shift towards creative digital solutions. It’s a professional looking site, with clear navigation and a focus on innovative video solutions. The site seems to be doing well.

Financially, Lineout (UK) Ltd presents a mixed picture. Accumulated depreciation for property, plant, and equipment increased by 15%, indicating investment in fixed assets. However, cash bank on hand decreased by 42% to £4,100, and net assets declined significantly, dropping by 260% to -£11,000. Creditors decreased by 30%, which is a positive sign, but net current assets and liabilities increased by 43%, suggesting a growing need for short-term financing. 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 it to remain flexible, but the drop in equity is concerning. There’s no auditor mentioned, likely due to its small size.

In short, Lineout (UK) Ltd seems to be transitioning towards video production services, but its financial health is precarious. The company is holding steady, but the drop in equity raises questions about its long-term viability.

Registered in England/Wales under the registration number 06443615, with a registered address at CM9 5QP, United Kingdom, Maldon, Essex, C/O Devonports Las Ltd The Rivendell Centre, White Horse Lane.

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