Polymer Coatings Limited

Polymer Coatings Ltd from Clayton Le Moors UK: a small, holding company with an active status, was founded three years ago. It holds £374,104 in assets, operates from a real address, and is overseen by four directors and one owner. Boasting a stellar 5.0 Google rating based on a single review, the company is an irregular importer of organic chemicals, with activity recorded for two months, the last in October 2024.

The company’s core business revolves around the manufacture of paints, varnishes, and similar coatings, as well as mastics and sealants. While no dedicated website is available, this suggests a business-to-business model, likely supplying other manufacturers or distributors rather than selling directly to consumers. The lack of a visible online presence could also indicate a smaller operation focused on local or regional markets.

Financially, Polymer Coatings Ltd shows a mixed picture. Current assets have increased by a healthy 58%, reaching £370,000, and net assets have jumped a significant 57% to £280,000. Cash reserves have also seen a substantial 96% increase, climbing to £130,000. However, trade debtors have risen by 55%, suggesting potential delays in customer payments. Creditors have also increased by 35%, which could be due to increased purchasing of raw materials. The company meets the criteria for a small business, with a turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The absence of an auditor mentioned is consistent with its status as a small, exempt company.

Overall, Polymer Coatings Ltd appears to be financially stable, with growing assets and cash reserves. The increase in debtors and creditors suggests a normal cycle of business activity. While the company’s lack of a visible online presence and single review limit public information, the financial data points to a solid foundation for continued growth.

Registered in England/Wales under the registration number 13564496, with a registered address at BB5 5HY, United Kingdom, Clayton Le Moors, Unit 2a Petre Court Petre Road, Clayton Business Park.

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