PPG REFINISH DISTRIBUTION LIMITED

NEEDHAM ROAD, STOWMARKET, SUFFOLK, IP14 2AD

Previous 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-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-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**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY 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 - 00 (0.0%)
Active Keldine BRASENELL 31 Dec 2020 Logistics & Distribution Operations Director Emea British 1 - 00 (0.0%)
Active Ruth Kristina DIXON 01 Mar 2017 Corporate Finance Director Uk & Ireland British 8 - 00 (0.0%)
Active Ruth Kristina DIXON 01 Mar 2017 Corporate Finance Director Uk & Ireland British 7 - 40 (0.0%)
Resigned David HEAL 01 Feb 2017 31 Dec 2020 Regional Protective Coatings Director - Western Eu British 0 - 20 (0.0%)
Resigned Susan Elaine CLARKSON 23 Jun 2014 01 Mar 2017 Finance Director British 0 - 150 (0.0%)
Resigned Jennifer Victoria SUMMERS 15 Oct 2013 15 Jan 2020 Finance Director British 0 - 20 (0.0%)
Resigned Stuart VERNEY 02 Feb 2011 15 Oct 2013 Accountant British 0 - 10 (0.0%)
Resigned Richard Clive CAWTHORPE 07 Sep 2010 01 Sep 2012 Product Marketing Director United Kingdom 1 - 70 (0.0%)
Resigned Jaclyn THOROLD 08 Dec 2008 07 Sep 2010 Human Resources Director British 0 - 50 (0.0%)
Resigned Gethyn DAVIES 14 Dec 2007 27 Jan 2017 Sales Manager British 0 - 20 (0.0%)
Resigned Louise Elizabeth CLIFTON 11 Oct 2007 08 Dec 2008 Hr Director British 1 - 50 (0.0%)
Resigned Michael John CLEWS 11 Oct 2007 30 Sep 2014 Accountant British 3 - 70 (0.0%)
Resigned Andrea RUBIO 27 Oct 2006 11 Oct 2007 Financial Controller Italian 0 - 50 (0.0%)
Resigned Parit Shashikant SHAH 15 Nov 2004 30 Oct 2006 Accountant British 1 - 61 (14.3%)
Resigned Deborah Jane PARRISH 24 Feb 2003 16 Nov 2004 Financial Controller British 3 - 52 (25.0%)
Resigned Keith Charles WEBB 01 Sep 2000 15 May 2006 Accountant British 0 - 140 (0.0%)
Resigned Piero GAVAZZI 12 Nov 1997 01 Feb 2004 Co Director Italian 0 - 10 (0.0%)
Resigned David DELO 12 Nov 1997 02 Jan 2003 Accountant British 0 - 225 (22.7%)
Resigned Valeria SCAVAZZA 27 Jul 1993 08 Jun 1994 Company Director Italian 0 - 10 (0.0%)
Resigned Costantino TATRIELE 27 Jul 1993 30 Mar 1994 Company Director Italian 0 - 10 (0.0%)
Resigned Michael Joseph FOWLER 27 Apr 1992 31 Jan 2006 Director English 0 - 10 (0.0%)
Resigned Stefano PATRONE 30 Nov 1993 Company Director Italian 0 - 10 (0.0%)
Resigned Mario PAGLIARINI 20 Dec 1991 Company Director Italian 0 - 10 (0.0%)
Resigned Antonio BERNARDINI 28 Jun 1993 Company Director Italian 0 - 30 (0.0%)
Number of active directors: 4
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
2016-01-132015-01-132014-01-132013-01-132012-01-11
PPG INDUSTRIES (UK) LIMITEDORDINARY2,600,000
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
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