LINSTOL UK LIMITED

Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +29%

  £30,809,874 → £39,758,808

• Cash

  -42.7%

  £3,396,259 → £1,946,300

• Net assets

  +16.5%

  £4,378,930 → £5,100,593

  highest in 4 filed years

• Employees

  +50%

  24 → 36

  highest in 4 filed years

• Operating profit

  -27.8%

  £2,829,167 → £2,042,837

• Profit before tax

  -48.1%

  £2,362,000 → £1,225,215

• Wages

  +118.9%

  £1,404,666 → £3,075,450

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. LINSTOL UK LIMITED 2009-07-25 → present
2. LINSTOL ASSOCIATES LIMITED 2002-12-23 → 2009-07-25

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. LINSTOL UK LIMITED · parent
   1. Linstol HK Limited 100% · Hong Kong
   2. Linstol Middle East DWC-LLC 100% · UAE
   3. Linstol MNH Limited 100% · United Kingdom
   4. MNH GRP Limited 80% · United Kingdom
   5. MNH Management Services Limited 80% · United Kingdom
   6. MNH Sustainable Cabin Services Limited 80% · United Kingdom
   7. MNH Sustainable Cabin Services Pty Ltd 80% · Australia
   8. MNH Global Laundry Services Pty Ltd 80% · Australia
   9. MNH Global Laundry Services Inc 80% · Canada

Significant events

• “The Group operates, in a highly competitive market particularly with airlines regularly benchmarking pricing through tender processes including reverse auctions.”
• “The Group's performance depends largely on local staff. The loss of key individuals and the inability to recruit people with the right experience and skills could adversely impact the Group's results.”
• “The Group operates internationally and is exposed to foreign exchange risk arising from various currency exposures. The Group uses foreign currency bank accounts, FX spot deals, and forward contract deals to reduce exposure to foreign currency risk.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.