Revamp Creative Coatings Limited

Revamp Creative Coatings Ltd from Alexandria UK is a small, active company founded 21 years ago. Despite its longevity, the company is facing some challenges, with accounts and confirmation statements overdue for three years. It employs just two people and holds £19,682 in assets, managed by a single director and owner. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with its last import activity recorded one month ago.

The company’s website paints a picture of a thriving business specializing in epoxy floor coatings for commercial and residential clients. Operating under the name Creative Coatings, it caters to a diverse range of industries, including food and beverage, retail, aviation, and manufacturing. The site emphasizes quality, family ownership, and a commitment to transforming floors with durable and aesthetically pleasing solutions. It even features customer testimonials praising the company’s work.

Financially, Revamp Creative Coatings Ltd’s numbers show a mixed bag. Average number of employees decreased by 50%, dropping to just one, and bank borrowings increased significantly, going from a negative balance to £-1800. Creditors have increased by 87%, while cash bank on hand only rose by 30%. The company’s net assets have decreased by 180%, resulting in a net assets of -£62,000. Despite these challenges, 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. With no auditor mentioned, the figures are unaudited.

Overall, Revamp Creative Coatings Ltd appears to be navigating a period of transition. While its website projects a strong brand and satisfied customers, the financial data suggests the company is burning through money. It’s unclear if the company can sustain its current operations, but its focus on a niche market and its reputation for quality may help it weather the storm.

Registered in Scotland under the registration number SC259752, with a registered address at G83 9DD, Alexandria, 137 Nobleston Estate, Bonhill.

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