EFTEC LIMITED

TREHERBERT ROAD, RHIGOS, ABERDARE, MID GLAMORGAN, CF44 9UE

Company Number: 01406940
Incorporation date: 28-Dec-1978
Status: Active
Entity type: Private Limited Company

SIC codes:
20301 Manufacture of paints, varnishes and similar coatings, mastics and sealants





SUMMARY

This company is 45.3 years old and is currently active. It is controlled by Eftec Europe Holding Ag. The company has negative equity (net assets) of GBP -1.1 million which has worsened since the previous year's figure of GBP 1.2 million. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -1.4 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 4 active officers (directors or partners) who are or were officers of 1 other company. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2022 GBP -2,144,865 225,354 -162,631 -2,207,588
31-Dec-2021 GBP 21,316,615 1,109,539 167,758 161,570 780,211
31-Dec-2020 GBP 19,563,127 1,605,621 221,502 277,800 1,106,319
31-Dec-2019 GBP 25,931,000 2,175,000 242,000 372,000 1,561,000
31-Dec-2018 GBP 26,352,000 2,330,000 -239,000 409,000 1,682,000
31-Dec-2017 GBP 29,139,000 39,000 -94,000 32,000 -87,000
31-Dec-2016 GBP 28,178,000 5,893,000 -116,000 1,127,000 4,650,000
31-Dec-2015 GBP 25,475,000 3,513,000 -154,000 703,000 2,656,000
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2022 GBP 1,030,842 14,136,257 7,412,771 8,810,978 351,500 -1,423,160 -1,053,160
31-Dec-2021 GBP 945,780 12,881,507 4,600,842 8,060,978 351,500 784,428 1,154,428
31-Dec-2020 GBP 3,289,588 14,552,190 6,338,064 7,664,575 351,500 1,124,217 1,494,217
31-Dec-2019 GBP 4,916,000 12,690,000 4,179,000 7,670,000 351,500 1,577,898 1,947,898
31-Dec-2018 GBP 2,226,000 12,464,000 3,849,000 7,681,000 352,000 1,767,000 2,138,000
31-Dec-2017 GBP 2,524,000 9,823,000 2,967,000 7,681,000 352,000 85,000 456,000
31-Dec-2016 GBP 3,992,000 11,128,000 3,994,000 3,188,000 352,000 4,872,000 5,243,000
31-Dec-2015 GBP 2,174,000 8,285,000 2,463,000 4,195,000 352,000 2,722,000 3,093,000
31-Dec-2014 GBP 352,000 3,366,000 3,737,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2019 GBP -0.14% -500 352,000 351,500 4,456,250
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Colin Geraint THOMAS 01 Nov 1993 25 Mar 2013 0 - 3
Resigned David Roger SEATON 30 Apr 1993 01 Nov 1993 9 - 12
Resigned Paul Richard WADE 30 Apr 1993 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active John James ECCLES 24 Jan 2024 General Manager British 1 - 00 (0.0%)
Resigned Scott DAVIS 17 Nov 2022 02 Feb 2024 General Manager British 0 - 10 (0.0%)
Active Thomas Eugen Emil WIRZ 03 Mar 2022 Company Director Swiss 1 - 00 (0.0%)
Active Mischa Andreas THOMI 01 Jul 2020 Pcp&W Leader Swiss 1 - 00 (0.0%)
Resigned Rolf KELLER 07 Apr 2020 31 Dec 2021 Chief Finance Officer Swiss 0 - 10 (0.0%)
Resigned Dietmar CHMIELEWSKI 01 Jan 2018 31 Dec 2020 General Manager German 0 - 10 (0.0%)
Resigned Pascal FREI 30 Nov 2016 05 Apr 2020 Senior Vice President, Finance And Controlling Swiss 0 - 10 (0.0%)
Resigned Pascal HERMANS 01 Jan 2016 18 Aug 2017 Managing Director Belgian 0 - 10 (0.0%)
Resigned Volker, Dr HELLING 18 Apr 2013 31 Dec 2015 General Manager German 0 - 10 (0.0%)
Active Luc Eugène Albert GUILLIAMS 18 Apr 2013 Management Product-Center Plastisol & Waxes Belgian 1 - 00 (0.0%)
Resigned Heinz BAER 18 Apr 2013 30 Nov 2016 Finance & Contolling Swiss 0 - 10 (0.0%)
Resigned Robert August SCHWAGLER 01 Oct 2010 18 Apr 2013 Ceo Ems-Eftec Swiss 0 - 10 (0.0%)
Resigned Jurgen Jakob Willi SCHWAMB 25 Feb 2005 18 Apr 2013 General Manager German 0 - 10 (0.0%)
Resigned Daniel NAHON 13 Mar 1997 01 Oct 2010 Director French 0 - 10 (0.0%)
Resigned Colin Geraint THOMAS 23 Aug 1995 25 Mar 2013 Company Director British 0 - 31 (33.3%)
Resigned David Brian SPEIGHT 06 Apr 1994 01 Jan 1999 Director British 0 - 31 (33.3%)
Resigned David Roger SEATON 22 Feb 1994 06 May 2004 Solicitors British 9 - 123 (14.3%)
Resigned Rolf, Doctor HOLDEREGGER 22 Feb 1994 13 Mar 1997 Chemist Swiss 0 - 10 (0.0%)
Resigned Hans Marius FEIX 25 Feb 2005 Company Director Austrian 0 - 10 (0.0%)
Resigned Paul Richard WADE 30 Apr 1993 Financial Director British 1 - 20 (0.0%)
Resigned Derek Alexander DAVIES 31 Jul 1994 Quality Assurance Director British 0 - 10 (0.0%)
Resigned Keith Michael BRAMLEY 16 Mar 1994 Technical Manager British 0 - 10 (0.0%)
Resigned Howard Leslie RENDALL 25 Jan 1994 Director Metal Working British 0 - 10 (0.0%)
Number of active directors: 4
Average tenure of active directors: 4.2 years
Average tenure of resigned directors: 4.1 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
EFTEC LIMITED (01406940) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2016-07-312015-07-312014-07-312013-07-312012-07-31
EFTEC EUROPE HOLDING AGORDINARY351,500
100%
0
0%
0
0%
0
0%
0
0%
EFTEC HOLDINGS AGORDINARY0
0%
351,500
100%
351,500
100%
351,500
100%
351,500
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

EFTEC LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 20301 Manufacture of paints, varnishes and similar coatings, mastics and sealants)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
3M UNITED KINGDOM PUBLIC LIMITED COMPANY 3M CENTRE, CAIN ROAD, BRACKNELL, BERKSHIRE, RG12 8HT 01123045 2017-12-31 841,568,000 20,438,000 23910-Production of abrasive products
32990-Other manufacturing not elsewhere classified
PPG ARCHITECTURAL COATINGS UK LIMITED PPG ARCHITECTURAL COATINGS UK LIMITED HUDDERSFIELD ROAD, BIRSTALL, BATLEY, WEST YORKSHIRE, WF17 9XA 00436135 2017-12-31 244,691,000 34,226,000
CROWN PAINTS LIMITED CROWN HOUSE, HOLLINS ROAD, DARWEN, LANCASHIRE, BB3 0BG 06624576 2017-12-31 164,603,000 7,963,000
JOTUN PAINTS (EUROPE) LIMITED JOTUN PAINTS (EUROPE) LTD, STATHER ROAD, FLIXBOROUGH, SCUNTHORPE, NORTH LINCS, DN15 8RR 00925019 2018-12-31 139,931,000 -5,332,000
SHERWIN-WILLIAMS DIVERSIFIED BRANDS LIMITED AVENUE ONE, STATION LANE, WITNEY, OXFORDSHIRE, UNITED KINGDOM, OX28 4XR 02968830 2017-12-31 92,056,848 -13,008,860 20590-Manufacture of other chemical products not elsewhere classified
TREMCO ILLBRUCK LIMITED 1 CHAMBERLAIN SQUARE CS, BIRMINGHAM, UNITED KINGDOM, B3 3AX 00251311 2018-05-31 66,036,682 4,359,562 20590-Manufacture of other chemical products not elsewhere classified
TOR COATINGS LIMITED 1 CHAMBERLAIN SQUARE CS, BIRMINGHAM, UNITED KINGDOM, B3 3AX 04503854 2018-05-31 58,513,153 8,254,868
SHERWIN-WILLIAMS PROTECTIVE & MARINE COATINGS 1 BRIDGEWATER PLACE, WATER LANE, LEEDS, WEST YORKSHIRE, LS11 5QR 00893081 2017-12-31 56,683,843 2,307,987
U-POL LIMITED U-POL TECH CENTRE DENINGTON ROAD, DENINGTON INDUSTRIAL ESTATE, WELLINGBOROUGH, NORTHAMPTONSHIRE, NN8 2QH 00464919 2017-12-31 51,999,000 5,705,000 20590-Manufacture of other chemical products not elsewhere classified
BROWN BROTHERS DISTRIBUTION LIMITED NEEDHAM ROAD, STOWMARKET, SUFFOLK, UNITED KINGDOM, IP14 2AD 01438525 2017-12-31 47,993,213 3,396,840 46900-Non-specialised wholesale trade
EFTEC LIMITED TREHERBERT ROAD, RHIGOS, ABERDARE, MID GLAMORGAN, CF44 9UE 01406940 2017-12-31 29,139,000 0
VALSPAR POWDER COATINGS LIMITED 1 BRIDGEWATER PLACE, WATER LANE, LEEDS, WEST YORKSHIRE, LS11 5QR 02849106 2017-12-31 23,688,213 -5,276,774
SHERWIN-WILLIAMS UK COATINGS LIMITED 1 BRIDGEWATER PLACE, WATER LANE, LEEDS, WEST YORKSHIRE, LS11 5QR 07148590 2017-12-31 21,230,083 -1,555,083
PJ COLOURS LIMITED THE GLADES FESTIVAL WAY, FESTIVAL PARK, STOKE-ON-TRENT, ST1 5SQ 03479538 2018-04-30 12,859,192 0
HI-TECH COATINGS INTERNATIONAL LIMITED 3RD FLOOR, 1 ASHLEY ROAD, ALTRINCHAM, CHESHIRE, UNITED KINGDOM, WA14 2DT 04386890 2018-03-31 10,816,020 0
QUEST CONSTRUCTION PRODUCTS UK LTD UNITS 1 & 2, ELDON WAY, BIGGLESWADE, BEDFORDSHIRE, ENGLAND, SG18 8NH 09437729 2017-12-31 2,410,462 0
PLASTI-KOTE LIMITED 1 BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QR 02013215 2017-12-31 760,127 314,445
PLASTI-KOTE LIMITED 1 BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QR 02013215 2017-12-31 760,127 0
WINDRIDGE COATINGS LIMITED 424 MARGATE ROAD, WESTWOOD, RAMSGATE, KENT, ENGLAND, CT12 6SJ 03182385 2018-04-05 471,557 0
INDUSTRIAL PROTECTIVE COATINGS LIMITED 15 JASMINE ROAD, GREAT BRIDGEFORD, STAFFORD, UNITED KINGDOM, ST18 9PT 10578245 2019-01-31 26,058 0
SURFACE COATING INGREDIENTS LIMITED 23 CHURCH STREET, RICKMANSWORTH, HERTFORDSHIRE, WD3 1DE 06785080 2018-01-31 14,112 0
SHREWD MOVES LTD A SEED, 54, WOOD STREET, LYTHAM ST. ANNES, UNITED KINGDOM, FY8 1QG 08925745 2018-03-31 4,250 0
INVER UK LIMITED 1 BRIDGEWATER PLACE, WATER LANE, LEEDS, LS11 5QR 06707425 2018-12-31 0 0
HMG PAINTS LIMITED RIVERSIDE WORKS, COLLYHURST ROAD, MANCHESTER, M40 7RU 00669551 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
EFTEC LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.4% 2.7% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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