Resimac Limited

Resimac Limited is a small, active company based in Thirsk, UK, founded fifteen years ago in 2009. With £1,987,094 in assets and thirteen employees, it’s a modest operation run by two directors and a single owner. The company operates from a real address and is registered as a private limited company. Its core business revolves around the manufacture of paints, varnishes, and similar coatings, mastics, and sealants, catering to a global clientele across industries like oil, gas, marine, and power generation. It also runs an e-commerce site selling industrial coatings repair materials.

The company is a regular importer of plastics and plastic products, with seven months of import activity recorded, the last in October 2024. It’s also a prolific exporter, boasting 156 months of export activity, the latest in February 2025. The company’s website highlights its expertise in abrasion and wear resistance, chemical protection, and corrosion prevention, showcasing a range of products and case studies. It also has a global network of contractors and service centres.

Financially, Resimac Limited presents a mixed picture. Cash bank on hand increased by a substantial 82% to £410,000, a positive sign of improved liquidity. However, net assets liabilities grew by 30% to £1,200,000, and trade debtors ballooned by 120% to £750,000, which could indicate challenges in collecting payments. Bank borrowings increased by 54%, reaching £200,000, suggesting a reliance on debt financing. Creditors also increased by 43%, to £770,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt and the rise in debtors warrants careful monitoring. The accounts are unaudited, likely due to the company’s small size and exemption from audit. The company’s growth in assets and cash is good, but the increased debt and debtors should be watched closely.

Registered in England/Wales under the registration number 07029948, with a registered address at YO7 3SE, England, Thirsk, Unit B, Park Barn Estate Station Road, Topcliffe.

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