Colour Supplies Limited

Colour Supplies Ltd, based in Shropshire, UK, is a well-established company with a 37-year history. Employing 58 people and holding assets of £3,335,910, it’s considered a large company – meeting two of three criteria for size (turnover over £36 million, balance sheet over £18 million, and over 250 employees). The business, active and boasting a real address, is led by three directors and owned by Harding Alan George, a solo founder. It operates an e-commerce site and regularly imports furniture, lighting, and prefabricated buildings – 81 months of import activity recorded, the last in September 2023.

The company’s website showcases a broad range of products, from fitted kitchens and bathrooms to garden furniture and power tools. It’s clearly aiming to be a one-stop shop for home improvement and DIY enthusiasts, with dedicated sections for inspiration, advice, and even a blog. The website also highlights a commitment to customer service, offering free design services, a 14-day guarantee, and a loyalty program.

Financially, Colour Supplies Ltd presents a mixed picture. While net assets remain stable at £4,100,000, cash reserves have fallen by 14% to £1,100,000. Bank borrowings have decreased by 22% to £300,000, and staff costs remained constant at £1,300,000. Creditors have also decreased by 15% to £640,000, suggesting improved debt management. The company’s revenue has remained stable at £600,000. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Despite a stable revenue, the decrease in cash reserves and the rise in trade debtors (890%) could indicate a need for closer monitoring of working capital. The company’s long history and established e-commerce presence provide a solid foundation, but ongoing financial pressures may require adjustments to maintain its position in the competitive market.

Registered in England/Wales under the registration number 02152345, with a registered address at SY13 1SE, Shropshire, 1 Mill Street, Whitchurch.

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