Lining Division Limited

Lining Division Limited, based in Battle, UK, is a large, active company established fifteen years ago. Employing twenty-six people, it holds assets of £7,598,872 and generates a yearly revenue of £11,284,243. The company, with four directors but no officially listed owners, operates from a real address and regularly imports machinery, boilers, and mechanical appliances, with its latest import activity occurring in December 2024.

The company’s website doesn’t offer much insight into its operations beyond its registration details. There's no e-commerce presence or detailed product listings, suggesting it likely operates as a business-to-business supplier rather than a direct-to-consumer retailer. It appears to be focused on providing services related to pipe lining.

Financially, Lining Division Limited presents a mixed picture. While turnover increased by a substantial 87%, a significant portion of that growth appears to have been absorbed by rising costs. Net assets have decreased by 30%, and bank borrowings have increased by 2,000%, indicating a need for increased financing. Cash reserves have also fallen by 60%, suggesting the company is burning through cash faster than it’s generating it. Creditors have increased by 40%, which could be a sign of stretched payment terms. The company meets the criteria for a large company, having met two out of three conditions, and its accounts are unaudited. The company's auditor is Crowe U.K. LLP.

Overall, Lining Division Limited seems to be experiencing growing pains. While revenue is up, the increased debt and decreasing cash reserves suggest the company is relying more on borrowing to fund its operations. The lack of owners listed is unusual, and the increased debt could be a cause for concern.

Registered in England/Wales under the registration number 06916740, with a registered address at TN33 9DZ, England, Battle, East Sussex, Ruskin House Warren Close, Catsfield.

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