{"name":"UNION COLOURS LIMITED","company_number":"04927813","status":"Active","type":"Private Limited Company","incorporated":"2003-10-09","dissolved":null,"registered_office":"Union House, Hempshaw Lane, Stockport, Cheshire, SK1 4LG","postcode":"SK1 4LG","sic_codes":[{"code":46750,"description":"Wholesale of chemical products"}],"principal_activity":null,"previous_names":[],"warnings":["The annual accounts for this company are overdue."],"accounts":{"category":"Full","year_end":"29 December","last_made_up_to":"2023-12-30","next_due":"2026-03-22"},"employees":null,"financials":[{"financial_date":"2023-12-30","net_assets":-5517096,"cash":243056},{"financial_date":"2022-12-30","net_assets":-5413630,"cash":318589},{"financial_date":"2021-12-31","net_assets":-4914202,"cash":315150},{"financial_date":"2020-12-31","net_assets":-4138989,"cash":276223},{"financial_date":"2019-12-31","net_assets":-4918238,"cash":829988}],"officers":{"current":3,"resigned":6,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":2,"outstanding":2},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Union Colours Limited is balance-sheet insolvent with net liabilities of £5.5 million, negative equity that has worsened over six consecutive years, and a current ratio below 1.0. The company is entirely dependent on financial support from its Chinese parent, Czna Group, to continue trading. While the net loss margin improved significantly in 2023, revenue is declining and the business remains loss-making on an operating basis. On a standalone basis, the company lacks the financial capacity to service additional debt obligations.","website":"https://unioncolours.com/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/union-colours","people":"https://www.companiesintheuk.co.uk/company/union-colours/people","filing_history":"https://www.companiesintheuk.co.uk/company/union-colours/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/04927813","financials":"https://www.companiesintheuk.co.uk/company/union-colours/financial","control":"https://www.companiesintheuk.co.uk/company/union-colours/control","charges":"https://www.companiesintheuk.co.uk/company/union-colours/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/union-colours/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/union-colours"}