Ultima Coatings Ltd
- Small
- Active
- 2 years
- Real address
- 1 director
- 2 owners
- Irregular importer
- Rating 5.0 (7)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Ultima Coatings Ltd, based in London, UK, is a small, active company founded just one year ago. It's a real address with one director and two owners, boasting a stellar 5.0 Google rating from seven reviews. The company is an irregular importer, primarily dealing with rubber and rubber products, with its last import operation recorded just one month ago.
The company specializes in innovative seamless waterproofing solutions, offering products like WetSuit acrylic and silicone sealants, and equipment for application. Its website highlights a unique “coldsprayed fluidapplied membranes” technology, used to create continuous, impermeable barriers for roofs, balconies, and water storage. The company caters to both commercial and residential clients, emphasizing reliability, versatility, and eco-friendly practices. It even offers a program to become a certified WetSuit applicator.
Financially, Ultima Coatings Ltd presents a mixed picture. While the company has £22,000 in property, plant, and equipment, its net assets are a negative £18,000. Bank borrowings are at £39,000, and cash reserves are low at £4,100. Creditors have increased slightly to £40,000. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the negative equity is concerning. It’s an audit exempt company, so the numbers are unaudited.
The company's focus on a specialized waterproofing technology and its commitment to applicator certification suggest a niche strategy. However, the negative equity and reliance on bank borrowings indicate financial pressures. It's a company with potential, but it will need to manage its finances carefully to ensure long-term sustainability.
Registered in England/Wales under the registration number 14937731, with a registered address at NW3 6AH, England, London, Flat 9 Heath Court 10-12 Frognal.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 2 years
- 25%+
-
Resident of Belgium
-
Individual
- 2 years
- 6
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 2 years
- 11
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
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Total exemption full accounts made up to 2024-06-30Download 5 pages pdf report
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Confirmation statement made on 2024-07-17 with updatesDownload 4 pages pdf report
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Cessation of André Abadjian as a person with significant control on 2024-07-02Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Ultima Coatings Ltd
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