# LINEAR VENTURES LTD (12991460)

> LINEAR VENTURES LTD is an active private limited company (company number 12991460) incorporated on 2 November 2020, registered in Wells. Its registered activity is wholesale of furniture, carpets and lighting equipment (SIC 46470). Latest micro accounts cover the period ending 30 November 2024, showing net assets of £1.01m, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 118% on the prior period (£465k).

- Status: Active
- Incorporated: 2020-11-02
- Registered office: Wells, BA5 2PF
- SIC 46470: Wholesale of furniture, carpets and lighting equipment
- Next accounts due: 2026-08-30
- Confirmation statement due: 2026-11-16
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 1,554 comparable companies in the UK (median £4,197, upper quartile £61k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-11-30 | £1.01m | — | — | £3,419 | — | — | 0 |
| 2023-11-30 | £465k | — | — | £101k | — | — | — |

current ratio 297.68; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £1,014,340 at 30 November 2024
- Net assets up 10% or more on the prior period: +118.2% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 297.68
- Incorporated five or more years ago: Incorporated 2 November 2020
- Accounts past their due date: Due 30 August 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Edward Peter Burt — owns 25–50% of shares; holds 25–50% of voting rights, since 2020-11-02
- Mr Nicholas Radosevic — owns 25–50% of shares; holds 25–50% of voting rights, since 2020-11-02

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12991460
HTML: https://firmoscan.com/company/12991460-linear-ventures-ltd