Vivid Finishes Ltd

Vivid Finishes Ltd, based in Woodford Green, UK, is a small, active company established seventeen years ago. With seventeen employees and £4,259,045 in assets, it operates from a virtual address—a detail flagged by the registration of 243 other companies at the same location. The company is run by three directors and two owners, although the list of owners changed nine years ago. Vivid Finishes is an irregular importer, primarily bringing in treated or layered fabrics for industrial use, with the last import occurring over two years ago in July 2022.

The company’s website highlights its focus on large-scale commercial painting and decorating services. Vivid Specialises in transforming commercial environments across various property categories throughout the UK, offering services like on-site spraying, fire protection, and curtain wall spraying. They boast a team of over 150 decorators and eight specialized spray teams, catering to ambitious office projects. The website showcases case studies, including modernizing spaces with black soffits and Aqua Grip, and vibrant multicolour spraying on joinery. Contact information is readily available, including a phone number and email address.

Financially, Vivid Finishes Ltd presents a mixed picture. While current assets increased by 22% to £4,300,000, net assets only rose slightly to £300,000. Bank borrowings have surged by 24% to £270,000, and cash reserves remain steady at £220,000. Creditors have also increased by 17% to £3,500,000. A significant decrease in depreciation for motor vehicles was noted, and a large increase in trade debtors suggests customers are taking longer to pay. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the rise in liabilities should be watched closely. As a small company, it is exempt from an audit, and the financial statements are unaudited.

Registered in England/Wales under the registration number 06529550, with a registered address at IG8 8EY, Woodford Green, Essex, The Retreat, 406 Roding Lane South.

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