Colormagic Ltd
- Active
- Small
- 3 years
- 8 employees
- £330,281 (cur assets)
- 0-1m
- Regular importer
- Regular exporter
- Real address
- 2 directors
- 2 owners
- Family business
- Chelmsford
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Colormagic Ltd, based in Chelmsford, UK, is a small, active company founded two years ago. With just one employee and £333,030 in assets, it's a family business run by two directors and two owners. The company regularly imports and exports tanning and dyeing products – 22 months of importing and 10 months of exporting, with the latest export activity recorded in December 2024. It operates within the “other manufacturing n.e.c.” industry.
The company’s website is currently unavailable, making it difficult to assess its online presence and sales channels. It’s unclear if they operate an e-commerce site or primarily serve business-to-business clients.
Financially, Colormagic Ltd's numbers paint a mixed picture. While cash reserves increased by 45% to £7,800, net assets only rose by 85% to £2,100. Bank borrowings increased significantly, jumping 84% to £110,000, and creditors rose by 48% to £360,000. The company’s employee count has increased dramatically, from one to eight, which is a big change. Trade debtors also increased by 21%, which could indicate a reliance on customer payments. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.
Despite the increase in bank borrowings and creditors, the company’s assets have also increased, suggesting growth. However, the significant increase in employee numbers alongside increased debt raises questions about its operational efficiency. The company’s financial statements are unaudited, so it's difficult to get a complete picture of its health.
Registered in England/Wales under the registration number 14502734, with a registered address at CM3 1QX, England, Chelmsford, Banters House Main Road, Great Leighs.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 3 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 3 years
- 2
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 2 years
-
Resident of United Kingdom
-
Individual
- 3 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2025-03-31Download 12 pages pdf report
-
Confirmation statement made on 2025-03-14 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-03-31Download 11 pages pdf report
Colormagic Ltd controls
Owns & Controls
-
Corporate
- 2 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Colormagic Ltd
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