Abode Spray Supplies Ltd

Abode Spray Supplies Ltd, based in Chippenham, UK, is a small, active company founded four years ago. With two employees and £118,240 in assets, it operates from a real address and is led by two directors and owners, with a solo founder at its core. The company runs an e-commerce site, enjoying a perfect 5.0 Google rating from four reviews. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliance parts, with recent activity recorded in November 2024.

The website, Abode Spray Supplies, focuses on providing spraying supplies for decorators, offering a range of sprayers, paints, tapes, and accessories. It also provides courses and support, positioning itself as a specialist in spraying equipment and techniques. The site highlights “brand new Abode spray equipment” and offers a free spraying course with purchases, indicating a focus on both retail and training. It even has a section for online courses and membership services, suggesting a diversification of revenue streams.

Financially, Abode Spray Supplies Ltd shows some concerning trends. While current assets increased by 110% to £120,000, net assets plummeted 97% to just £360. Bank borrowings increased significantly, and cash reserves fell considerably. Creditors also increased, suggesting potential cash flow pressures. The company meets the criteria for a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and, as a small company, it is exempt from an audit.

The sharp decline in equity, despite increased assets, raises questions about profitability and sustainability. The company’s focus on training and support, alongside its e-commerce sales, could be key to navigating these challenges—but for now, Abode Spray Supplies Ltd appears to be facing some financial headwinds.

Registered in England/Wales under the registration number 12676709, with a registered address at SN15 4BU, England, Chippenham, Wiltshire, Unit 2 The Yard, Friday Street, Christian Malford.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.