G-paint Ltd

G-PAINT LIMITED, based in Leicester, UK, is a small, active company with a real registered address and a single director, Mr. A. J. Griffiths, at the helm. Employing just two people, the company holds £12,000 in assets and operates a website dedicated to bike paint repair kits. The business has been around for a while, with its financial year ending June 30, 2024, and the accounts are unaudited, exempt under the Companies Act.

The website, GPAINT Bikes, focuses entirely on providing DIY solutions for repairing chipped and scratched bike paint. It offers a “no.1 bike paint repair kit” – an “all-in-one” system – and colour-matched touch-up paints for a wide range of bike brands. The site emphasizes ease of use, providing step-by-step guides and even colour mixing theory examples. Customers can purchase products directly from the website or through a network of UK and US retailers, including Amazon, eBay, and Halfords. The site also actively seeks to partner with bike retailers and distributors.

Financially, G-PAINT LIMITED presents a mixed picture. Creditors have significantly decreased by 29%, from £120,000 to £86,000, which could indicate improved financial management. However, cash bank on hand has fallen by 27% to £1,800, and current assets have dropped by 35% to £38,000. Debtors have increased substantially, by 150% to £3,900, which may be a temporary fluctuation or a sign of extending credit terms. Equity has also declined, from -£46,000 to -£36,000. Despite these challenges, the company’s small size allows for flexibility, and the focus on a niche product – bike paint repair – could provide a competitive advantage. The company’s production software, CCH Accounts Production 2024.310, was used to prepare the accounts. It's worth noting that the increase from depreciation charge for the year was £3,000.

Registered in England/Wales under the registration number 12033057, with a registered address at NR24 2AE, United Kingdom, Melton Constable, Norfolk, Mill House Hunworth Road, Edgefield.

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