Creative Resins Ltd

Creative Resins Ltd, based in Sutton, UK, is a small, family-run business with an active status, celebrating 25 years in operation. Employing five people, the company holds £1,006,569 in assets and operates from a virtual address – forty two companies registered at the same address. Two directors and two owners manage the business, with recent changes to the director list indicating ongoing activity.

The company specializes in manufacturing specialist paints for doors, glass, PVCu, and metal, catering to the worldwide construction industry. Its website showcases a wide range of products, from surface coatings and decorative resins to paint machinery and equipment. It's primarily an e-commerce operation, with customers able to browse and purchase products online, and a focus on clear product descriptions and technical specifications. There's no obvious indication of a physical retail presence.

Financially, Creative Resins Ltd shows a mixed picture. Cash bank on hand increased significantly by 35% to £560,000, while current assets also rose by 39% to £1,000,000. However, net assets increased by 25% to £650,000, and bank borrowings decreased by 52% to £18,000. Trade debtors increased by a substantial 130% to £260,000, which could indicate growth in sales but also potential challenges in collecting payments. 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 increase in trade debtors warrants closer monitoring. No auditor is mentioned, likely due to its small size and exemption from an audit. The company’s financial statements were prepared by TURPIN BARKER ARMSTRONG.

Registered in England/Wales under the registration number 03765974, with a registered address at SM1 4LA, United Kingdom, Sutton, Surrey, Allen House, 1 Westmead Road.

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