Trade Paints Uk Limited

Trade Paints Uk Ltd, based in Leigh-On-Sea, UK, is a small, family-run business with an active status, celebrating 28 years in operation. Employing eight people and holding £486,044 in assets, it’s a well-established player in its sector. The company operates from a virtual address – a fact highlighted by the presence of 49 other companies registered at the same location – and is overseen by four directors and two owners. Google users rate it 4.0 stars based on 21 reviews, suggesting a positive customer experience. The company imports plastics and plastic products irregularly, with the last import occurring in July 2024.

Trade Paints Uk Ltd’s core business involves supplying paints and related products, as evidenced by its website, which showcases a wide range of decorative, specialist, and industrial paints from leading manufacturers like Dulux, Crown, and Owatrol. The website functions as an e-commerce platform, allowing customers to browse and purchase products online. It also offers a range of associated products, including preparation and fillers, protective equipment, and spray equipment. The website clearly states that it caters to both trade and DIY customers, emphasizing competitive pricing and a broad selection.

Financially, Trade Paints Uk Ltd shows some concerning trends. Current assets have decreased by 20%, falling to £490,000, while net assets have plummeted 31%, settling at £74,000. Bank borrowings have remained relatively stable, though cash reserves have also declined by 28%, dropping to £310,000. Creditors have also decreased, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the significant drop in equity raises questions about its financial health. The company is exempt from an audit, meaning the figures are unaudited.

The irregular import activity and the decrease in assets suggest that Trade Paints Uk Ltd may be facing some challenges, although its strong online presence and positive customer ratings indicate a resilient business model. It's likely the company is navigating changing market conditions and managing its inventory effectively.

Registered in England/Wales under the registration number 03328709, with a registered address at SS9 2AB, England, Leigh-On-Sea, Essex, 1349-1353 London Road.

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