Pmp Surfacing Ltd

Pmp Surfacing Ltd, based in Barnsley, UK, is a small, active company established nine years ago. Employing five people and holding £312,120 in assets, it operates from a real address and is overseen by two directors and two owners. The company is an irregular importer of stone, plaster, cement, and similar materials, with recent activity in February 2024, and an irregular exporter of rubber and rubber products, with its last export in December 2023. It’s classified as a small company, meeting two of three criteria: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, pmpsurfacing.co.uk, showcases a diverse range of surfacing solutions, from golf course surfaces to safety flooring. It operates several divisions, all sharing a common goal: delivering creative solutions based on innovative surfacing and coating systems. The site highlights services like natural stone installation, carpet safety surfacing, and sports surfacing, with a dedicated section for golf driveways. The company is currently closed for the Easter weekend, reopening on April 22nd. The website also lists contact information, copyright details, and VAT registration numbers. It's clear the company is focused on B2B sales, catering to commercial clients and industrial projects. The website doesn's appear to be an e-commerce site; instead, it's a marketing platform showcasing their services and expertise.

Financially, Pmp Surfacing Ltd shows some concerning trends. While cash reserves increased by 16% to £87,000, current assets decreased by 8.5% to £310,000. Trade debtors decreased by 14%, which is good, but net losses deepened significantly, suggesting the company is burning through cash. Bank borrowings remained constant, however, creditors decreased by 21%, which is a positive sign. The company’s average number of employees decreased by 20% to four, which could be a result of restructuring or cost-cutting measures. The company is exempt from an audit, so the figures are unaudited.

Overall, Pmp Surfacing Ltd appears to be facing financial pressures. While it maintains a strong brand and diverse service offerings, the declining profitability and reduced asset base suggest a need for careful management and potentially a review of its business model. The decrease in employees may be a sign of cost-cutting, but it could also impact the company’s ability to deliver high-quality services.

Registered in England/Wales under the registration number 09793061, with a registered address at S75 3UD, England, Barnsley, South Yorkshire, Unit 1 Nexus Capitol Court, Dodworth.

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