Resin Flooring Suppliers Ltd

Resin Flooring Suppliers Ltd is a small, active company based in Kingswinford, UK, founded four years ago in 2021. With just £2,566 in assets, it’s a solo-founded operation run by one director and two owners. The company operates in the floor and wall covering sector, primarily focusing on retail sales via mail order and internet. It's a tight-knit business with a real registered address, though only six companies share that location.

The company's website highlights its expertise in industrial resin flooring, offering a wide range of solutions from slip-resistant surfaces to chemical protection. It caters to commercial projects, emphasizing durability, style, and safety. The site also features a support hub with case studies, blogs, and product data sheets—a sign of a business keen to establish itself as an industry authority. It's clear they are trying to be a one-stop-shop for industrial flooring needs.

Financially, Resin Flooring Suppliers Ltd presents a mixed picture. Current assets have jumped a whopping 2,500% to £2,600, a positive sign, but net assets have plummeted 640% to -£540—a significant decline. Cash bank on hand has also decreased by 18%, sitting at just £82. Trade debtors remain stable at £2,500, while creditors also hold steady at £3,100. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is common for small, exempt companies.

The sharp drop in equity suggests the company may be burning through cash, despite the increase in current assets. Perhaps this is a consequence of increased investment in marketing or inventory to support growth. The stable level of debtors and creditors suggests a reasonable level of debt management, but the negative equity is a cause for concern. It's a bit worrying, to be honest.

Registered in England/Wales under the registration number 13265993, with a registered address at DY6 7YB, England, Kingswinford, West Midlands, 4 Darwin House The Innovation Centre, Pensnett Estate.

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