Performance Adhesives Limited

Performance Adhesives Ltd, based in Tring, UK, is a small, active company established thirteen years ago. With nineteen employees and £1,646,558 in assets, it operates from a real address and is overseen by three directors and a single owner, Shearman Simon Max. The company regularly imports and exports plastics and plastic products, with a history of 116 months of imports and 13 months of exports, the most recent in November 01, 2024.

The company’s website showcases a vast range of adhesives, sealants, and related products, catering to diverse industries including construction, HVAC, fire protection, and flooring. It’s not a straightforward e-commerce site; instead, it functions as a detailed product catalog and resource hub. Visitors can browse by category (e.g., FrameFit, Vline, Fire Doorsets), explore specific applications (e.g., windows, facades, flooring), and access technical information, product calculators, and training videos. The site also offers on-site support and expert advice, suggesting a business model focused on B2B sales and technical assistance rather than direct consumer transactions.

Financially, Performance Adhesives Ltd presents a mixed picture. While net assets declined by 40% to -£910,000, bank borrowings were significantly reduced by 52% to £76,000. Cash reserves also decreased by 5.6% to £180,000. Trade debtors increased by 7.3% to £960,000, which could indicate growing sales but also potential issues with collecting payments. The company’s small size (meeting two of three conditions for being a small company) helps it remain nimble, but the negative equity raises concerns about its long-term financial health. The company’s accounts were audited by TC Group. The increase from depreciation charge for the year is £6500.

Registered in England/Wales under the registration number 07945436, with a registered address at HP23 4JY, Tring, Herts, 3 The Forum, Icknield Way Industrial Estate.

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