Colorifix Limited

Colorifix Ltd, based in Norwich, UK, is a holding company with an active status, established nine years ago in 2016. The company employs 51 people and maintains a real address, with eight directors and one owner. It boasts a stellar 5.0 Google rating from nine reviews. Regular imports of machinery, boilers, and mechanical appliances parts have been recorded for 11 months, with the last import operation taking place in December 2024.

The company's core mission is to revolutionize the textile industry by engineering nature's brilliance to pioneer a new approach to colour. At Colorifix, they’re developing a biological process that replaces harmful chemicals used in dyeing textiles, aiming to drastically reduce environmental harm while upholding industry standards. Their technology involves identifying organisms that produce interesting colours, extracting their DNA, and engineering microbes to act as tiny biological factories. These microbes are then grown and used in standard dyeing machines, leveraging existing industrial processes. They collaborate with fashion brands like Pangaia and HM, pushing for change within the industry.

Financially, Colorifix Ltd presents a mixed picture. While administrative expenses increased significantly by 53%, reaching £9.5 million, net assets plummeted by 83%, landing at £9 million. Cash reserves experienced a sharp decline, dropping 62% to £4.6 million. Bank borrowings, however, increased dramatically, reaching £2 million. Creditors also rose by 26%, suggesting a need to manage short-term liabilities. The company’s staff count increased by 39%, reaching 71 employees, which could be a sign of expansion or increased operational demands. No auditor is mentioned, likely due to the company's size. The company’s turnover is not mentioned, but the decrease in net assets is concerning.

Registered in England/Wales under the registration number 10051398, with a registered address at NR4 7GJ, England, Norwich, Innovation Centre Colney Lane, Colney.

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