Idl Colour Coating Limited

Idl Colour Coating Ltd from Byfleet UK is a small, active company founded 28 years ago. With 20 employees and a real address, the firm is led by four directors and one owner, holding a stellar 5.0 Google rating from a single review. It’s an irregular importer, primarily dealing with miscellaneous metal items, with just one month of imports recorded as far back as February 2017.

The company’s website showcases a range of services, from specialist colour coatings to structural steelwork, all handled in-house. With over 20 years of experience, Idl Colour Coating offers design, production, and installation services. They cater to various sectors, including balustrades, handrailings, secure safety cages, and computer room containment. Recent projects are highlighted, and vacancies are advertised, demonstrating a commitment to growth.

Financially, Idl Colour Coating Ltd presents a mixed picture. Current assets decreased by 24% to £340,000, while net assets plummeted 73% to just £16,000—a significant decline. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. On the upside, creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It appears that the company is holding steady but facing pressures. Whether the two can sustain each other long-term remains to be seen.

Registered in England/Wales under the registration number 03277367, with a registered address at KT14 7LF, Byfleet, Surrey, Unit 6 Cumberland Works, Wintersells Road.

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