Purepoxy Ltd

Purepoxy Ltd from Mildenhall UK is a small, active company founded six years ago. It employs two people and holds £42,072 in assets, operating from a virtual address shared by ninety-two other companies. The company has one director and one owner, and regularly imports plastics and plastic products – the last operation was three months ago. Accounts are overdue by four months, and confirmation statements are nine months behind.

The company’s website showcases a range of professional-grade floorcoating systems, including solid color options, metallic flakes, and quartz products. It’s clear they manufacture and distribute products worldwide, targeting commercial, industrial, and residential applications. Their portfolio includes epoxies, urethanes, polyurethanes, and more, emphasizing durability and cost-effectiveness. The site highlights expert assistance, ease of use, and a commitment to continuous improvement, even mentioning LEAD certification and eco-friendly options. They also offer flooring systems and cater to various needs, from decorative finishes to textured and mat options.

Financially, Purepoxy Ltd is showing some concerning trends. Current assets have fallen by 42% to £42,000, and net assets have plummeted 330% to -£16,000. Cash reserves have also declined significantly, dropping 61% to £5,300. Debtors have decreased by 38%, which is a positive sign, but creditors have also fallen, suggesting a reliance on borrowing. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it avoids some reporting requirements, and no auditor is mentioned, relying on unaudited accounts.

It’s clear the company is facing some financial pressure, although the website suggests a focus on high-quality products and customer service. Whether this can offset the negative financial trends remains to be seen.

Registered in England/Wales under the registration number 11867026, with a registered address at IP28 7DE, Mildenhall, Suffolk, Unit A, 82 James Carter Road.

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