Resintech Limited

Resintech Ltd from Fairford UK: a small, active company founded 39 years ago, employs 13 people, and holds £1,377,523 in assets. With a real address, two directors, and two owners, it operates as a regular importer of plastics and plastic products (5 months) and a regular exporter of electrical machinery and equipment (48 months). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s website, Resintech Flooring Services Ltd, specializes in industrial flooring solutions. They offer epoxy, polyurethane, and water-based coatings and screeds for floors, walls, and ceilings, catering to commercial and industrial clients. The website highlights their experience—over 30 years—and emphasizes safety, quality, and customer care. They even have a separate division, 1066 Pianos, which is a high-end piano restoration business. The company’s website is well-designed and includes case studies showcasing their work with major companies. They operate from a registered office in Pensby, Wirral, and their work is managed by Ballyhoo Designs.

Financially, Resintech Ltd shows a mixed picture. Accumulated depreciation increased by 14%, while cash bank on hand rose by 18%. However, creditors also increased significantly, by 32%, and trade debtors decreased by 13%. Equity slightly declined, and net assets remained relatively stable. The company’s bank borrowings have increased, and there’s a significant increase in other taxation and social security payable. The company’s property, plant, and equipment have decreased, and total assets less current liabilities have remained stable. The lack of an auditor mentioned suggests the company is exempt as a small company.

Overall, Resintech Ltd appears to be a stable, albeit small, business. While the increase in creditors is a point of concern, the company's long-standing experience and diverse services suggest a solid foundation. The company's focus on industrial flooring and its additional piano business shows a diversified approach to business.

Registered in England/Wales under the registration number 01918174, with a registered address at GL7 4BX, Fairford, Gloucestershire, Unit 1-2 Horcott Road.

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