Advanced Colour Coatings Limited

Advanced Colour Coatings Ltd, based in Birmingham, UK, is a small holding company with an active status, established 21 years ago. Employing 24 people, the company holds assets worth £1,049,402 and operates from a real address. It's managed by one director and one owner, with Kam Holdings Ltd being the owner. The company irregularly imports vehicles, parts, and accessories (not for trains or trams) for a single month, with the last import occurring in July 2023. Conversely, it regularly exports optical and medical tools and devices, with 17 months of export activity and the last operation in August 2023.

The company’s website doesn’t offer much insight into its operations, suggesting a business-to-business model rather than direct consumer sales. It operates in the "other manufacturing n.e.c." industry, indicating a diverse range of manufacturing activities.

Financially, Advanced Colour Coatings Ltd presents a mixed picture. While net assets decreased by 16%, falling to £840,000, fixed assets also experienced a significant drop of 27%, settling at £82,000. Cash reserves plummeted 74%, leaving only £41,000. Trade debtors saw a sharp decline of 52%, suggesting improved collection efforts. However, bank borrowings increased by 27%, reaching £96,000. Creditors also decreased, with a 37% reduction, which is a positive sign. The company meets the criteria for a small business, with turnover below £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely means the accounts are unaudited.

The company's financial trends suggest it's facing some challenges, with declining cash reserves and increased borrowing. However, improved debt management and a lean operation could help it navigate these pressures. The irregular import activity and consistent export business indicate a company adapting to market demands.

Registered in England/Wales under the registration number 05112665, with a registered address at B33 0SL, Birmingham, Bannerley Road, Garretts Green.

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