Rackline Limited in Newcastle Under Lyme, ST7 1RX

Description

Data updated on: 01-11-2023

04697883 is a registration number of Rackline Limited. The company was registered as a Private Limited Company on 14th March 2003. The company has been operating in this business for 21 years. This firm can be gotten hold of in Oaktree Lane Talke in Newcastle Under Lyme. The main office's area code assigned is ST7 1RX. The company began under the business name Imco (122003), though for the last twenty one years has been on the market under the business name Rackline Limited. The firm's SIC and NACE codes are 31010 and has the NACE code: Manufacture of office and shop furniture. The most recent financial reports cover the period up to 2022-12-31 and the latest annual confirmation statement was released on 2023-03-13.

On Fri, 25th Jul 2014, the corporation was recruiting a Installer to fill a full time post in Stoke on Trent, Midlands. They offered an overtime. The offered position required no experience. Candidates for the post were asked to contact the company at the following email address: Liz.speele@rackline.co.ukincluding job offer id T3ADVQ7NSF.

We have identified 14 councils and public departments cooperating with the company. The biggest counter party of them all is the Department for Transport, with over 5 transactions from worth at least 500 pounds each, amounting to £41,347 in total. The company also worked with the Southampton City Council (2 transactions worth £37,299 in total) and the London Borough of Hillingdon (1 transaction worth £20,672 in total). Rackline was the service provided to the Derby City Council Council covering the following areas: Libraries Development & Delivery-project Activities General, Supplies And Services and Supplies & Services was also the service provided to the Devon County Council Council covering the following areas: Miscellaneous Expenditure and Minor Improvements.

In order to be able to match the demands of the customers, the following business is constantly being guided by a body of three directors who are Thomas S., Fergus D. and Lindsay K.. Their outstanding services have been of extreme importance to this business for one year. In order to provide support to the directors, the business has been utilizing the expertise of Lindsay K. as a secretary since 2010.

Previous company's names
Rackline Limited 2003-06-11
Imco (122003) Limited 2003-03-14

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	141 792	87 288	295 208	212 354	231 887	439 223
Current Assets	2 600 446	2 368 670	2 900 925	2 086 707	2 166 277	1 999 947
Debtors	1 965 940	1 833 224	1 919 013	1 417 518	1 442 125	1 052 201
Net Assets Liabilities	951 265	1 057 334	1 155 014	1 194 388	477 990	684 685
Other Debtors		326 911	333 297
Property Plant Equipment	352 909	485 464	534 519	554 569	479 759	408 811
Total Inventories	492 714	448 158	686 704	456 835	492 265	508 523

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets	3 654 744	3 745 836	3 836 928	3 928 020	4 019 112	4 110 203
Accumulated Depreciation Impairment Property Plant Equipment	1 929 685	1 169 585	1 412 730	1 476 702	1 566 985	481 429
Additions Other Than Through Business Combinations Property Plant Equipment			136 626	119 849	26 489	23 719
Average Number Employees During Period		59	62	56	42	42
Bank Borrowings Overdrafts		12 500	660 994
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	153 083	119 683	240 117
Comprehensive Income Expense				39 374	101 496	206 699
Creditors	121 164	100 449	100 906	353 946	176 997	83 041
Dividends Paid					817 894
Dividends Paid On Shares		409 289	318 197
Fixed Assets	853 290	894 753	852 716	781 674	615 772	453 733
Future Minimum Lease Payments Under Non-cancellable Operating Leases		292 764	205 053	133 907	69 274	278 527
Gain Loss On Revaluation Property Plant Equipment Before Tax In Other Comprehensive Income		144 127
Income Tax Expense Credit On Components Other Comprehensive Income				-2 241	-2 245	-2 648
Increase Decrease Due To Transfers Into Or Out Property Plant Equipment		-634 470
Increase From Amortisation Charge For Year Intangible Assets		91 092	91 092	91 092	91 092	91 091
Increase From Depreciation Charge For Year Property Plant Equipment		77 402	87 390	99 800	101 299	92 253
Intangible Assets	500 381	409 289	318 197	227 105	136 013	44 922
Intangible Assets Gross Cost	4 155 125	4 155 125	4 155 125	4 155 125	4 155 125
Net Current Assets Liabilities	253 273	299 227	428 279	778 152	142 317	337 107
Other Creditors		87 949	100 906
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		58 905	19 672	35 828	11 016	1 177 892
Other Disposals Property Plant Equipment		59 997	19 853	35 828	11 016	1 177 727
Profit Loss		-4 620	94 491	37 133	99 251	204 051
Property Plant Equipment Gross Cost	2 282 594	1 830 476	1 947 249	2 031 271	2 046 744	890 240
Provisions For Liabilities Balance Sheet Subtotal	34 134	36 197	25 075	11 492	103 102	23 114
Total Additions Including From Business Combinations Property Plant Equipment		66 922
Total Assets Less Current Liabilities	1 106 563	1 193 980	1 280 995	1 559 826	758 089	790 840
Trade Creditors Trade Payables		902 689	1 225 117
Trade Debtors Trade Receivables		954 553	989 472
Transfers Into Or Out Property Plant Equipment Increase Decrease In Depreciation Impairment		-778 597
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment						2 496
Transfers To From Retained Earnings Increase Decrease In Equity		31 865	-16 792	-11 791	-11 819	-13 939
Transfer To Non-current Assets Or Disposal Groups Held For Sale Decrease In Depreciation Impairment Property Plant Equipment						-83