The Polishing Company Limited

The Polishing Company Limited is a small, active company based in Cramlington, UK, founded 22 years ago in 30 Atley Business Park. With £19,214 in assets and a real registered address, it’s a business run by two directors and one owner, though the owner list may not be exhaustive. The company operates in the repair and maintenance of other transport equipment.

The Polishing Company Limited's website is minimal, offering little insight into its operations beyond its core service. There's no e-commerce presence, suggesting a business-to-business model focused on direct service rather than online sales. The company’s focus appears to be on vehicle detailing and polish sales, catering to a specific niche within the automotive industry.

Financially, The Polishing Company Limited presents a mixed picture. Accumulated depreciation has increased slightly, reflecting ongoing investment in equipment, but cash reserves have significantly decreased by 50% to £660. Creditors have risen by nearly 220%, reaching £1,900, while trade debtors remain stable. Equity has also taken a hit, dropping 27% to £13,000. Despite a slight decrease in current assets, 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. The lack of an auditor, consistent with its status as a small company, means the figures are unaudited. The company owes Mr M Milbourne, director and shareholder, £82,352.

In short, The Polishing Company Limited seems to be navigating a period of financial pressure, with declining cash reserves and rising debts. However, its established presence in a specialized service sector and the director’s control through shareholding suggest a degree of stability.

Registered in England/Wales under the registration number 04596883, with a registered address at NE23 1WP, Cramlington, Northumberland, 29 Atley Business Park.

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