Gardiner Colours Limited

Gardiner Colours Ltd from Normanton UK: a small company, holding company, and active status, was founded 37 years ago in 1988. It employs eight people and holds £424,631 in assets. With two directors and one owner, the company regularly imports plastics and plastic products (21 months) and exports tanning and dyeing products (62 months). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company operates in the manufacture of printing ink industries. Its website is not available, making it difficult to determine if it’s an e-commerce business.

Financially, Gardiner Colours Ltd shows a mixed picture. Current assets have grown by 35%, reaching £420,000, while net assets have plummeted 190%, resulting in a negative balance of -£140,000. Bank borrowings have increased significantly by 160%, reaching £250,000, and cash reserves remain steady at £5. Creditors have also risen by 47%, reaching £570,000. Trade debtors have increased dramatically by 1100%, reaching £320,000. Other taxation and social security payable have increased by 310%, reaching £77,000. Property, plant, and equipment have decreased by 85%, reaching £42,000.

The sharp decline in equity is a concern, suggesting potential financial strain. The increase in bank borrowings also indicates a need for additional funding. However, the growth in current assets and the decrease in creditors suggest improved operational efficiency. The company’s small size and lack of an auditor (likely exempt) mean the figures rely on unaudited statements. It seems the company is facing some challenges, but it's also showing signs of growth and improved management.

Registered in England/Wales under the registration number 02230689, with a registered address at WF6 1QT, Normanton, West Yorkshire, Douglas House Ripley Drive, Normanton Industrial Estate.

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