Substance Europe Limited

Substance Europe Ltd from Chorley, UK, is a small, active company founded 16 years ago in 2008. With five employees and £840,000 in assets, it operates from a real address within Chorley Central Business Park. The company is led by two directors and owned by Downer Martin Clive. Substance Europe Ltd is a regular importer and exporter of plastics and plastic products, with 21 months of import activity and 49 months of export activity, the latest being August 01, 2024.

The company's website, substanceeurope.com, showcases a wide range of lamination and printing solutions, catering to industries like motocross, karting, and plant signage. It appears to be primarily a business-to-business operation, offering products like Ultracurve laminates, Icon films, and various specialized materials. The site features detailed product information, fitting guides, and even educational articles, suggesting a focus on technical expertise and customer support. While there’s no direct e-commerce functionality visible, the site does have a contact form and phone number for inquiries.

Financially, Substance Europe Ltd presents a mixed picture. Current assets have decreased by 13% to £840,000, while net assets have fallen by 3.6% to £760,000. Cash reserves have seen a significant drop of 24%, down to £380,000. Trade debtors have increased substantially, up 140% to £63,000, which could indicate a shift in payment terms or increased sales on credit. On a positive note, creditors have decreased by 47%, suggesting improved debt management. 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 decline in cash reserves warrants attention. As a small company, it's exempt from an audit, so the financial statements are unaudited.

Overall, Substance Europe Ltd seems to be navigating a period of change. While its core business of plastics import/export remains active, the financial data suggests a need for careful management of cash flow and debtor collection. The company’s focus on specialized products and technical support positions it well within its niche, but the financial pressures will need to be addressed to ensure long-term sustainability.

Registered in England/Wales under the registration number 06713613, with a registered address at PR6 0BL, England, Chorley, Unit 17 Chorley Central Business Park.

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