Deluxe Materials Ltd

Deluxe Materials Ltd, based in Basingstoke, UK, is a small, active company established 15 years ago. With eight employees and £895,047 in assets, it operates from a virtual address – a bit unusual as ten companies are registered at the same location. The company is run by two directors and one owner, though the owner list may not be exhaustive. It regularly imports and exports plastics and plastic products, with 7 months of import activity and 53 months of export activity, the latest export being in December 2024.

The company's website, deluxematerials.com, is clearly an e-commerce platform. It offers a wide range of adhesives, epoxies, foam plastics, and building finishing products, catering to hobbyists and professionals in RC modelling, railway modelling, plastics, and woodworking. The site lists distributors in North America (Tower Hobbies, Peck Polymers, Walthers, Mega Hobbies, Yankee Dabbler) and provides links to Facebook for updates. Popular products like Roket Hot and Roket Rapid are prominently displayed, and the site includes videos and a newsletter signup. Deluxe Materials even has a EU Authorised Representative to ensure compliance.

Financially, Deluxe Materials Ltd shows a mixed picture. Cash bank has increased by 7.1% to £480,000, while current assets have grown by 4.0% to £900,000. Trade debtors have increased by 24% to £100,000, suggesting a possible need to manage cash flow. Creditors have decreased by 31% to £67,000, which is a positive sign. 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 employee numbers by 12% could indicate expanding operations. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Deluxe Materials Ltd appears to be a stable, albeit small, business. While the increase in trade debtors warrants attention, the company’s strong online presence and diverse product range suggest a healthy foundation for continued growth.

Registered in England/Wales under the registration number 07199176, with a registered address at RG21 4LB, Basingstoke, Hampshire, 5 Crossborough Gardens.

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