Advanced Resin Flooring Ltd

Advanced Resin Flooring Ltd, based in Hull, UK, is a small, active company founded just three years ago in 2022. With a single employee and £126,345 in assets, it operates from a virtual address shared by thirty-five other companies, a fact that raises some questions. The company is led by a single director and owner, Berry Kane Shaun, and is classified as a solo founder. It’s a bit irregular when it comes to imports, bringing in tanning and dyeing products for just one month out of the last year, but it’s a regular exporter of machinery, boilers, and mechanical appliances—parts for three months.

The company’s website showcases a focus on resin flooring solutions for marine, commercial, and industrial sectors. It highlights expertise in areas like marine flooring, industrial flooring, lighting, and prefabricated applications. The site emphasizes quality, precision, and innovation, with recent news posts detailing sustainable solutions like imitation teak and applications for the Icon of the Seas cruise ship. It’s clear they’re targeting high-end clients and projects.

Financially, Advanced Resin Flooring Ltd shows a mixed bag. Cash bank on hand increased significantly by 1,100%, jumping to £26,000, which is a positive sign. However, creditors decreased by 35%, dropping to £16,000, and trade debtors also fell by 12%, dropping to £100,000. While net assets increased by 34%, reaching £120,000, the increase in fixed assets—a 1,500% jump to £14,000—suggests significant investment in equipment. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increased investment needs to translate into revenue growth. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Advanced Resin Flooring Ltd seems to be in a growth phase, investing in its capabilities. Whether this investment will pay off in increased sales and profitability remains to be seen, but the company appears to be positioning itself for future expansion.

Registered in England/Wales under the registration number 13898185, with a registered address at HU1 3TG, England, Hull, East Yorkshire, 19 Albion Street.

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