Nu-coat Ltd

Nu-Coat Ltd, based in Slough, UK, is a small holding company with an active status. Founded seven years ago in 2018, the company employs eleven people and holds £1,056,787 in assets. It’s led by eight directors and has one owner, with Allprint Supplies Ltd listed as the ultimate controlling party. The registered address is real, with only two companies registered at the same location.

The company operates in the manufacture of other plastic products industries and regularly imports paper and paperboard products (43 months) and exports iron or steel products (20 months). The last import was in February 2025, and the last export was in January 2025. It’s a holding company, meaning it likely owns other businesses.

Financially, Nu-Coat Ltd’s picture is mixed. Current assets have fallen by 13% to £1,100,000, while net assets have plummeted 190% to -£560,000—a significant drop. Bank borrowings have increased, and cash reserves have fallen by 46% to £30,000. Creditors have also increased, suggesting a need for more funds. 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 nimble, but the equity decline is concerning. The company is exempt from an audit as a small company, so the figures are unaudited.

The company’s financial data shows a concerning trend of decreasing equity and increasing liabilities. It's possible that the company is investing heavily in growth, but the lack of profitability is a red flag. It’s also possible that the company is facing challenges in its market, such as increased competition or changing customer demand. The company’s directors will need to address these issues to ensure its long-term viability.

Registered in England/Wales under the registration number 11155353, with a registered address at SL1 4PY, England, Slough, Berkshire, 7b Fairlie Road.

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