COUNTERLINE HOLDINGS LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -9.7%

  £10,749,523 → £9,705,288

• Cash

  -78.2%

  £295,365 → £64,340

• Net assets

  -14%

  £1,820,604 → £1,565,341

• Employees

  +1%

  102 → 103

• Operating profit

  -39.4%

  £355,157 → £215,211

• Profit before tax

  -68.4%

  £219,482 → £69,339

• Wages

  +0.4%

  £2,845,115 → £2,856,379

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. COUNTERLINE HOLDINGS LIMITED 2007-02-19 → present
2. SADNEWCO LIMITED 2006-08-04 → 2007-02-19

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Royce Peeling Green Limited

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. COUNTERLINE HOLDINGS LIMITED · parent
   1. Counterline Limited 100% · England and Wales

Significant events

• “Turnover for the year decreased by 9.7% and profit before tax decreased by 68.4%.”
• “The directors are committed to the development of new products and use of new technologies. The company will also look to enhance its existing product range through aesthetic design and engineering. Further investment has been made in upgrading our production facilities alongside its manufacturing and design software. The directors expect to see this result in a more streamlined operation and increased margin in the coming years.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.