Linpic Limited
- Small
- Active
- 13 years
- 30 employees
- £1,840,995 (assets)
- Real address
- 3 directors
- 2 owners
- Regular importer
- Regular exporter
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Linpic Ltd, based in Leicester, UK, is a small, family-run business with an active trading status. Founded thirteen years ago in 2011, the company employs thirty people and holds £1,840,995 in assets. With a real registered address and three directors, along with two owners, it’s a well-established operation. The firm regularly imports electrical machinery and equipment, with nineteen months of import activity recorded, the last in November 2024. It also exports machinery, boilers, and mechanical appliances, with five months of export activity.
The company’s website, Vertical Storage Solutions, positions itself as a market leader in automated vertical storage systems, specializing in carousels and vertical lift modules. They offer installation, custom design, refurbishment, maintenance, and software solutions for businesses seeking to optimize their storage space. The website highlights their expertise in Linspire, Kardex, and other storage systems, catering to a range of industries. They even offer a free guide to vertical lift modules, showing a focus on customer education.
Financially, Linpic Ltd presents a mixed picture. Current assets increased by 34% to £1,800,000, while net assets grew by 29% to £410,000. Bank borrowings surged by 820%, reaching £180,000, and cash reserves fell 26% to £8,800. Creditors increased by 36%, suggesting a reliance on trade credit. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the increased borrowings are something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
Overall, Linpic Ltd appears to be a stable, family-run business with a specialized offering. The company’s focus on vertical storage solutions and its commitment to customer service suggest a strong foundation, but the rise in borrowings should be monitored closely.
Registered in England/Wales under the registration number 07719217, with a registered address at LE8 4BW, England, Leicester, Glebe Farm Lutterworth Road, Blaby.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Veitch Graham Peter
- 9 years
- 5
- 25%+
-
Resident of United Kingdom
-
Individual
- Veitch Paul
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Lindsay Darren
- 7 years
-
Resident of United Kingdom
-
Individual
- Veitch Paul
- 12 years
- 2
-
Resident of United Kingdom
-
Individual
- Veitch Graham Peter
- 13 years
- 6
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Total exemption full accounts made up to 2023-12-31Download 14 pages pdf report
-
Confirmation statement made on 2024-07-27 with no updatesDownload 3 pages pdf report
-
Previous accounting period extended from 2023-06-30 to 2023-12-31Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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FAQ about Linpic Limited
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