FINELINE VAR LTD

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. FINELINE VAR LTD 2017-02-15 → present
2. EXCEPTION VAR LIMITED 2005-02-11 → 2017-02-15
3. DDI INTERNATIONAL LIMITED 2002-11-08 → 2005-02-11
4. KAMTRONICS LIMITED 1993-03-05 → 2002-11-08
5. KAM FAR EAST LIMITED 1993-01-22 → 1993-03-05
6. MICROSERVE LIMITED 1983-01-31 → 1993-01-22
7. MICROSERVE LIMITED 1981-09-01 → 1983-01-31

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Desaur LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director 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 groups'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. FINELINE VAR LTD · parent
   1. Fineline Switzerland AG 100% · Luzern · Sale of circuit boards

Significant events

• “No significant events.”

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

Filings

4

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.

• Turnover

  +6.2%

  £18,782,597 → £19,948,445

• Cash

  -34.1%

  £1,416,233 → £933,839

• Net assets

  -8.5%

  £5,445,736 → £4,980,752

• Employees

  +15.6%

  32 → 37

• Operating profit

  -49.8%

  £1,817,505 → £913,119

• Profit before tax

  -51.1%

  £1,896,114 → £926,866

• Wages

  +28.2%

  £1,499,394 → £1,921,829

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers