Aerosol Solutions Limited

Aerosol Solutions Ltd, based in Rochdale, UK, is a large holding company with an active status, having been incorporated 26 years ago in 1998. The company employs five people and holds £612,193 in assets. While it operates an e-commerce site and has a 4.0 Google rating from six reviews, its registered address is likely virtual, as 26 companies are registered at the same location. Two directors and one owner oversee the business, which exports soaps, cleaning products, and waxes irregularly, with the last export activity recorded one month ago in June 2022.

The company’s website, Professional Paint Supplies, showcases a wide range of industrial paints, coatings, and application accessories. It caters to commercial and industrial customers, offering brands like CooVar, Flag Paints, and Rocol. The site emphasizes fast nationwide delivery, expert advice, and bulk discounts, suggesting a focus on B2B sales. It also has a large number of product categories, from floor paints to safety equipment.

Financially, Aerosol Solutions Ltd has experienced some challenges. Administrative expenses have decreased significantly, falling by 99%, but cash bank on hand has plummeted 98% to just £710. Net assets have also declined by 16% to £590,000. Bank borrowings increased by 1,500% to £610,000, and turnover has fallen by 100% to zero. While creditors have decreased by 68%, the sharp decline in turnover and cash reserves is concerning. The company is classified as large, meeting two of three criteria: turnover exceeding £36 million, balance sheet total exceeding £18 million, and more than 250 employees. The lack of an auditor mentioned suggests the company is exempt as a small company, relying on unaudited statements.

Overall, Aerosol Solutions Ltd appears to be facing financial pressures despite its large size and established e-commerce presence. The company’s reliance on irregular exports and the significant drop in key financial metrics raise questions about its long-term viability.

Registered in England/Wales under the registration number 03608571, with a registered address at OL16 1XB, England, Rochdale, Newgate House, Newgate.

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