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PPG REFINISH DISTRIBUTION LIMITED
NEEDHAM ROAD, STOWMARKET, SUFFOLK, IP14 2ADPrevious name: BROWN BROTHERS DISTRIBUTION LIMITED (changed on 15-Jan-2021)
Previous name: MAX MEYER (UK) LIMITED (changed on 18-Dec-2007)
Company Number: 01438525
Incorporation date: 19-Jul-1979
Status: Active
Entity type: Private Limited Company
SIC codes:
20301 Manufacture of paints, varnishes and similar coatings, mastics and sealants
46900 Non-specialised wholesale trade
SUMMARY
This company is 44.7 years old and is currently active. It is controlled by Ppg Industries (Uk) Limited. The company has positive equity (net assets) of GBP 19.3 million which has increased from GBP 16.8 million in the previous year. The latest reported revenue figure is GBP 49.4 million which is similar to the previous year's figure of GBP 48 million. The company has 4 active officers (directors or partners) who are or were officers of 12 other companies. 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-2024Accounts Filed: FULL (31-Dec-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Dec-2018 | GBP | 49,369,484 | 2,548,165 | 61,919 | 2,507,229 | ||
31-Dec-2017 | GBP | 47,993,213 | 3,482,160 | 5,659 | 3,396,840 | ||
31-Dec-2016 | GBP | 41,271,954 | 5,483,497 | 8,264 | 5,499,096 | ||
31-Dec-2015 | GBP | 38,696,895 | 5,347,657 | 4,441 | 8,234 | 5,334,982 | |
31-Dec-2014 | GBP | 34,283,825 | 3,501,823 | 190,675 | 98,852 | 3,410,000 | |
31-Dec-2013 | GBP | 32,342,287 | 3,162,362 | 223,121 | 2,939,241 | ||
31-Dec-2012 | GBP | 30,225,113 | 1,459,706 | 2,187 | 1,457,519 | ||
31-Dec-2011 | GBP | 31,964,983 | 1,169,156 | 1,169,156 | |||
31-Dec-2010 | GBP | 29 | -1,198,313 | 469 | -1 | ||
31-Dec-2009 | GBP | 28,807,229 | -3,567,434 | 1,906 | -3,569,340 | ||
31-Dec-2008 | GBP | 41,668,141 | -4,505,157 | 1,825 | -4,506,982 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2018 | GBP | 9,601,720 | 25,467,615 | 6,463,108 | 2,600,000 | 16,438,958 | 19,298,958 | ||
31-Dec-2017 | GBP | 6,555,673 | 24,536,265 | 8,205,024 | 2,600,000 | 13,931,729 | 16,791,729 | ||
31-Dec-2016 | GBP | 1,066,426 | 23,880,181 | 11,058,130 | 2,600,000 | 10,534,889 | 13,394,889 | ||
31-Dec-2015 | GBP | 6,346,383 | 26,739,093 | 11,621,622 | 7,818,397 | 2,600,000 | 5,035,793 | 7,895,793 | |
31-Dec-2014 | GBP | 1,609,230 | 19,414,165 | 9,804,985 | 7,818,397 | 2,600,000 | -299,189 | ||
31-Dec-2013 | GBP | 26,720,098 | 20,375,537 | 7,818,397 | 2,600,000 | -3,709,189 | -849,189 | ||
31-Dec-2012 | GBP | 1,555,050 | 12,618,259 | 8,679,533 | 7,818,397 | 2,600,000 | -6,648,430 | -3,788,430 | |
31-Dec-2011 | GBP | 15,419,255 | 27,943,186 | 25,489,690 | 7,818,397 | 2,600,000 | -8,105,949 | -5,245,949 | |
31-Dec-2010 | GBP | 3,185,380 | 14,662,304 | 13,620,553 | 7,818,397 | 2,600,000 | -9 | -6,415,105 | |
31-Dec-2009 | GBP | 5,589 | 11,511,370 | 9,521,354 | 7,818,397 | 2,600,000 | -8,076,323 | -5,216,323 | |
31-Dec-2008 | GBP | 6,534 | 15,745,964 | 10,394,386 | 2,600,000 | -4,506,982 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | PINSENT MASONS SECRETARIAL LIMITED | 15 May 2006 | 28 Mar 2024 | 440 - 2645 | ||
Resigned | Keith Charles WEBB | 24 Feb 2003 | 15 May 2006 | 0 - 14 | ||
Resigned | Adil VITTACHI | 21 Feb 2003 | 0 - 1 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Richard Michael GOODE | 01 Feb 2022 | Director | British | 1 - 0 | 0 (0.0%) | |
Active | Keldine BRASENELL | 31 Dec 2020 | Logistics & Distribution Operations Director Emea | British | 1 - 0 | 0 (0.0%) | |
Active | Ruth Kristina DIXON | 01 Mar 2017 | Corporate Finance Director Uk & Ireland | British | 8 - 0 | 0 (0.0%) | |
Active | Ruth Kristina DIXON | 01 Mar 2017 | Corporate Finance Director Uk & Ireland | British | 7 - 4 | 0 (0.0%) | |
Resigned | David HEAL | 01 Feb 2017 | 31 Dec 2020 | Regional Protective Coatings Director - Western Eu | British | 0 - 2 | 0 (0.0%) |
Resigned | Susan Elaine CLARKSON | 23 Jun 2014 | 01 Mar 2017 | Finance Director | British | 0 - 15 | 0 (0.0%) |
Resigned | Jennifer Victoria SUMMERS | 15 Oct 2013 | 15 Jan 2020 | Finance Director | British | 0 - 2 | 0 (0.0%) |
Resigned | Stuart VERNEY | 02 Feb 2011 | 15 Oct 2013 | Accountant | British | 0 - 1 | 0 (0.0%) |
Resigned | Richard Clive CAWTHORPE | 07 Sep 2010 | 01 Sep 2012 | Product Marketing Director | United Kingdom | 1 - 7 | 0 (0.0%) |
Resigned | Jaclyn THOROLD | 08 Dec 2008 | 07 Sep 2010 | Human Resources Director | British | 0 - 5 | 0 (0.0%) |
Resigned | Gethyn DAVIES | 14 Dec 2007 | 27 Jan 2017 | Sales Manager | British | 0 - 2 | 0 (0.0%) |
Resigned | Louise Elizabeth CLIFTON | 11 Oct 2007 | 08 Dec 2008 | Hr Director | British | 1 - 5 | 0 (0.0%) |
Resigned | Michael John CLEWS | 11 Oct 2007 | 30 Sep 2014 | Accountant | British | 3 - 7 | 0 (0.0%) |
Resigned | Andrea RUBIO | 27 Oct 2006 | 11 Oct 2007 | Financial Controller | Italian | 0 - 5 | 0 (0.0%) |
Resigned | Parit Shashikant SHAH | 15 Nov 2004 | 30 Oct 2006 | Accountant | British | 1 - 6 | 1 (14.3%) |
Resigned | Deborah Jane PARRISH | 24 Feb 2003 | 16 Nov 2004 | Financial Controller | British | 3 - 5 | 2 (25.0%) |
Resigned | Keith Charles WEBB | 01 Sep 2000 | 15 May 2006 | Accountant | British | 0 - 14 | 0 (0.0%) |
Resigned | Piero GAVAZZI | 12 Nov 1997 | 01 Feb 2004 | Co Director | Italian | 0 - 1 | 0 (0.0%) |
Resigned | David DELO | 12 Nov 1997 | 02 Jan 2003 | Accountant | British | 0 - 22 | 5 (22.7%) |
Resigned | Valeria SCAVAZZA | 27 Jul 1993 | 08 Jun 1994 | Company Director | Italian | 0 - 1 | 0 (0.0%) |
Resigned | Costantino TATRIELE | 27 Jul 1993 | 30 Mar 1994 | Company Director | Italian | 0 - 1 | 0 (0.0%) |
Resigned | Michael Joseph FOWLER | 27 Apr 1992 | 31 Jan 2006 | Director | English | 0 - 1 | 0 (0.0%) |
Resigned | Stefano PATRONE | 30 Nov 1993 | Company Director | Italian | 0 - 1 | 0 (0.0%) | |
Resigned | Mario PAGLIARINI | 20 Dec 1991 | Company Director | Italian | 0 - 1 | 0 (0.0%) | |
Resigned | Antonio BERNARDINI | 28 Jun 1993 | Company Director | Italian | 0 - 3 | 0 (0.0%) |
Average tenure of active directors: 4.9 years
Average tenure of resigned directors: 3.5 years
Average active director Dissolution Rate: 0.0%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
|||||
---|---|---|---|---|---|
WHITFORD LIMITED (00959015) - Active | ✔ | ✔ | |||
PPG REFINISH DISTRIBUTION LIMITED (01438525) - Active | ✔ | ✔ | ✔ | ✔ | |
P.P.G. GLASS (UK) LIMITED (01481840) - Active | ✔ | ||||
MAX MEYER (UK) LIMITED (01879927) - Active | ✔ | ||||
PPG XYZ LIMITED (02047089) - Active | ✔ | ||||
PPG INDUSTRIES (UK) LIMITED (02110620) - Active | ✔ | ✔ | |||
PPG HOLDINGS (U.K.) LIMITED (02140935) - Active | ✔ | ✔ | |||
PPG INDUSTRIES (UK) PENSION TRUSTEE LIMITED (03291881) - Active | ✔ | ✔ | |||
IVC INDUSTRIAL COATINGS (UK) LIMITED (04588702) - Active | ✔ | ||||
PPG PERFORMANCE COATINGS UK LIMITED (05444547) - Active | ✔ | ||||
PPG CENTRAL (UK) LIMITED (06681924) - Active | ✔ | ✔ | |||
PPG INVESTMENT UK 1 LIMITED (15441625) - Active | ✔ | ||||
PPG INVESTMENT UK 2 LIMITED (15441959) - Active | ✔ |
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2016-01-13 | 2015-01-13 | 2014-01-13 | 2013-01-13 | 2012-01-11 | ||
PPG INDUSTRIES (UK) LIMITED | ORDINARY | 2,600,000 100% | 2,600,000 100% | 2,600,000 100% | 2,600,000 100% | 2,600,000 100% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
PPG REFINISH DISTRIBUTION LIMITED
no controlled companies
LATE PAYMENTS REPORT
Start date | End date | Average days to pay | % invoices paid over 60 days | % invoices not paid within agreed terms | Gov.uk report |
---|---|---|---|---|---|
2023-07-01 | 2023-12-31 | 51 | 29% | 9% | 79346 |
2023-01-01 | 2023-06-30 | 50 | 26% | 9% | 72011 |
2022-07-01 | 2022-12-31 | 51 | 26% | 14% | 66687 |
2022-01-01 | 2022-06-30 | 57 | 32% | 15% | 60034 |
2021-07-01 | 2021-12-31 | 54 | 25% | 13% | 53585 |
2021-01-01 | 2021-06-30 | 55 | 34% | 10% | 46483 |
2020-07-01 | 2020-12-31 | 59 | 35% | 6% | 39876 |
2020-01-01 | 2020-06-30 | 58 | 36% | 15% | 35628 |
2019-07-01 | 2019-12-31 | 53 | 28% | 29% | 27091 |
2019-01-01 | 2019-06-30 | 59 | 36% | 67% | 20611 |
2018-07-01 | 2018-12-31 | 64 | 41% | 65% | 11795 |
2018-01-01 | 2018-06-30 | 66 | 45% | 64% | 4168 |
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 |
---|---|---|---|---|
PPG REFINISH DISTRIBUTION 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 | 0.8% | 3.8% | 7.5% | Medium |