Resin 4 You Ltd

Resin 4 You Ltd from Dunstable UK is a small, active company founded four years ago in May 2020. It employs two people and holds £243,201 in assets, operating from a real address. With two directors and two owners reported, the company is an irregular importer of plastics and plastic products, with just two months of import activity recorded as of October 2022. The company operates in the retail sale via mail order houses or via internet industries.

The company's website, while minimal, suggests a focus on resin and related craft supplies. It's unclear if they have a fully functional e-commerce platform, but the site hints at a curated selection of products aimed at hobbyists and small-scale manufacturers. The lack of detailed product listings or shopping cart functionality suggests they may rely on other sales channels, such as marketplaces or direct orders.

Financially, Resin 4 You Ltd presents a mixed picture. Current assets have increased by 67% to £240,000, while net assets have improved by 29% to -£28,000. Bank borrowings have increased by 46% to £270,000, and creditors have increased by 67% to £240,000. 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 it to remain nimble, but the negative equity suggests it's operating at a loss. With no auditor mentioned, the figures are unaudited.

The company's irregular import activity and reliance on a single product category—plastics and plastic products—could make it vulnerable to supply chain disruptions or changes in market demand. The increase in creditors suggests they may be relying on credit from suppliers to manage their cash flow, which could become unsustainable if sales don't improve.

Registered in England/Wales under the registration number 12616333, with a registered address at LU5 6GF, England, Dunstable, 10 Gressingham Meadow, Houghton Regis.

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