Francis Coatings Limited

Francis Coatings Limited, based in Sandbach, UK, is a small, active company established 21 years ago. With five employees and £145,256 in assets, it’s a modest operation run by a solo founder and overseen by three directors. The company operates from a real address and has one owner. It’s an irregular importer, bringing in tanning and dyeing products, with the last import occurring over a year ago.

The company specializes in sports surface maintenance, cleaning, painting, and restoration, catering to tennis clubs, schools, universities, and residential owners. Its website showcases services like tennis court painting, sports hall line marking, and wooden floor refurbishment. They also offer artificial grass installation and work with various surfaces, including playgrounds, MUGAs, dance floors, and squash courts. Francis Coatings emphasizes cost-effective solutions, utilizing the latest methods and adhering to a code of professional conduct.

Financially, Francis Coatings shows some concerning trends. While cash reserves increased by 22% to £110,000, current assets dropped by 21% to £150,000. Net assets declined by 4.5% to £33,000. Bank borrowings are up 31% to £130,000, and trade debtors have increased by 19% to £37,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s agile, but the decrease in equity is a bit worrying. There's no auditor mentioned, so the financial data is unaudited. Depreciation on motor vehicles increased by 20%, and plant machinery saw a significant 80% increase, suggesting investment in equipment. The company is a bit slow to respond to changes.

Registered in England/Wales under the registration number 04924387, with a registered address at CW11 3YX, England, Sandbach, Cheshire, Unit 3 Moss Lane Business Centre.

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