LINERGY LIMITED

1. LINERGY LIMITED 2017-03-28 → present
2. LINERGY GROUP LIMITED 2016-10-27 → 2017-03-28

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

Deloitte (NI) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After reviewing the company's forecasts and projections and the existing cash resources and facilities available to it, the Directors have a reasonable expectation that Linergy Limited has adequate resources to continue in operational existence for the foreseeable future. The directors note that currently no debt is recorded in the balance sheet and in the event that business performance is not as planned, the Directors would have the option to explore the availability of debt finance. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “During the financial year, the Company made the decision to implement a reorganisation plan to consolidate processing at their main site and close the Glenavy site. In addition, the Company recognised restructuring costs for redundant employees amounting to £324,537 and impairment loss on fixed assets amounting to £1,781,911.”

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

Filings

1

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

  -18.6%

  £16,467,258 → £13,397,306

• Cash

  -26.1%

  £2,045,212 → £1,511,314

• Net assets

  -24.9%

  £5,146,939 → £3,865,027

• Employees

  -14.3%

  49 → 42

• Operating profit

  -125.8%

  -£1,174,196 → -£2,651,694

• Profit before tax

  -125.6%

  -£1,176,179 → -£2,653,380

• Wages

  -10.7%

  £2,132,013 → £1,904,685

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