Linthwaite Limited

Linthwaite Ltd, based in Ledbury, UK, is a sizable holding company with a 35-year history, employing 74 people and boasting assets of £13.2 million. The company generates £20 million in revenue annually, operating from a real address and overseen by three directors and one owner. Google users rate it 4.0 stars based on 14 reviews. Linthwaite Ltd regularly imports plastics and plastic products (70 months) and exports stone, plaster, cement, and similar materials (20 months).

The company’s website, davant.co.uk, highlights its role as a leading manufacturer and distributor of insulation, building, and plumbing plastics to the independent merchant trade. Davant, as Linthwaite Ltd is also known, emphasizes its UK manufacturing footprint, bolstered by over £4 million in recent investments in tooling and machinery. The site features a dedicated sales team, with profiles for key personnel like Lee Espley and Dave Stackhouse, showcasing their expertise in driving revenue and building customer relationships. The company’s history, dating back to 1989 when founded by David Merrick, is clearly outlined, and the website details its commitment to quality and customer service.

Financially, Linthwaite Ltd presents a mixed picture. While cash bank on hand increased dramatically by 140% to £2.2 million, current assets only grew by 19% to £13 million. Bank borrowings decreased significantly, with secured borrowing dropping 26% to £580,000. However, net assets decreased by 7.5% to £7 million, and net losses deepened to -£580,000. Creditors decreased by 13%, which is good, but the increase in deferred tax liabilities, and the decrease in retained earnings, suggests that the company is facing some financial pressures. The company’s size—meeting two of three criteria for a large company—means it’s subject to more stringent reporting requirements, but the lack of an auditor mentioned, likely due to exemption, means the figures are unaudited.

The company’s focus on plastics and building materials, combined with its strong sales team and commitment to UK manufacturing, positions it for continued growth. However, the recent financial trends suggest that Linthwaite Ltd needs to carefully manage its costs and maintain strong customer relationships to navigate the current economic climate.

Registered in England/Wales under the registration number 02389394, with a registered address at HR8 2DJ, Ledbury, Herefordshire, 9-11 Lower Road Trading Estate.

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