Colour Tone Masterbatch Limited

Colour Tone Masterbatch Ltd, based in Louth, UK, is a small holding company with an active status, celebrating 29 years in business. Employing 35 people and holding assets of £2,385,079, the company operates from a real address and is managed by two directors and a single owner. It regularly imports and exports tanning and dyeing products, with 10 months of import activity and 28 months of export activity recorded.

The company's core business revolves around the manufacture of other plastic products, operating as a supplier to various industries. While no website is available to examine, this suggests a business-to-business model rather than direct consumer sales.

Financially, Colour Tone Masterbatch Ltd presents a mixed picture. Current assets have decreased by 26%, dropping to £2,400,000, while net assets have fallen by 24%, settling at £2,200,000. Bank borrowings have increased by a significant 31%, reaching £320,000, and cash reserves have grown by 69%, reaching £630,000. Trade debtors have decreased by 22%, suggesting improved collection practices. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in net assets warrants attention. The company’s auditor, Smailes Goldie, has issued an opinion, but the accounts are unaudited.

The increase in borrowings could indicate investment in new equipment or expansion, while the rise in cash reserves suggests effective cash management. The decrease in trade debtors is a positive sign, indicating that the company is collecting payments promptly. However, the decline in net assets should be monitored closely to ensure the company's long-term financial health. It's possible that increased costs of raw materials or shipping have impacted profitability, although further investigation would be needed to confirm this.

Registered in England/Wales under the registration number 03176153, with a registered address at LN11 0LQ, England, Louth, Lincolnshire, Belvoir Way, Fairfield Industrial Estate.

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