Apollo Colours Limited

Apollo Colours Ltd, based in Oxted, UK, is a holding company with an active status, celebrating 42 years since its founding in 1983. Employing 50 people and boasting assets of £4,962,890, the company operates from a virtual address—a point of note as 59 companies are registered at the same location. Led by three directors and owned by three individuals, Apollo Colours is a family business with a history of importing plastics and plastic products (21 months) and exporting tanning and dyeing products (152 months).

The company’s primary focus appears to be supplying inks and related solutions to the payment card industry. Its website highlights a specialization in top payment cards, offering a "world leader" in ink development. The site showcases a range of inks—screen, litho, specialty—and related products like varnishes and adhesives. A key element is the presence of a "Graphic Screen Inks Division" with a link to "Apollo Inks," suggesting a broader ink business. The website also includes a survey for customer feedback and details a global presence through partnerships and agents.

Financially, Apollo Colours Ltd shows a mixed picture. While cash reserves increased by 5.7% to £3,500,000, current assets decreased by 5.2% to £5,000,000. Net assets, however, experienced a more significant drop, declining 4.8% to £2,600,000. Bank borrowings surged by 4.8% to £3,100,000, and trade debtors fell by a substantial 35% to £680,000. The company’s net loss deepened by 53% to £630,000. Despite these challenges, creditors decreased by 24%, which could indicate improved debt management. The company is exempt from having an audit.

The trends suggest Apollo Colours Ltd is navigating a period of financial pressure, possibly stemming from increased borrowing and declining revenues. The company’s focus on the payment card industry—a niche market—could provide stability, but the need to manage debt and improve profitability is evident.

Registered in England/Wales under the registration number 01709434, with a registered address at RH8 9EP, Oxted, Surrey, 2 Station Road West.

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