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TRIMITE LIMITED
2E EAGLE ROAD, MOONS MOAT NORTH INDUSTRIAL ESTATE, REDDITCH, B98 9HFPrevious name: WEILBURGER COATINGS (UK) LIMITED (changed on 15-Jan-2019)
Previous name: WEILBURGER SCHRAMM COATINGS (UK) LIMITED (changed on 29-Mar-2008)
Company Number: 01564257
Incorporation date: 27-May-1981
Status: Active
Entity type: Private Limited Company
SIC codes:
20301 Manufacture of paints, varnishes and similar coatings, mastics and sealants
SUMMARY
This company is 42.9 years old and is currently active. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -161 thousand but has improved from GBP -1 million in the previous year. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP 842.6 thousand in the last reported period. Retained earnings is negative (GBP -196.3 thousand), 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 3 active officers (directors or partners) who are or were officers of 56 other companies, 15 (26.8%) of which have since been dissolved or are proposed for strike off. 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: 31-Mar-2024Accounts Filed: SMALL (31-Mar-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Mar-2019 | GBP | 7,753,114 | 619,724 | 436,454 | 54,687 | 1,050,484 | |
31-Mar-2018 | GBP | 8,121,131 | -839,172 | -899,259 | |||
31-Mar-2017 | GBP | 8,425,068 | 187,620 | 112,769 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Mar-2022 | GBP | 6,518 | 2,432,642 | 2,596,775 | 35,375 | -196,348 | -160,973 | ||
31-Mar-2021 | GBP | 40,793 | 1,711,046 | 2,713,500 | 2,503 | 35,375 | -1,038,933 | -1,003,558 | |
31-Mar-2020 | GBP | 25,996 | 1,338,678 | 2,300,874 | 7,065 | 35,375 | -1,138,765 | -1,103,390 | |
31-Mar-2019 | GBP | 408,586 | 4,008,095 | 4,055,767 | 14,635 | 35,375 | 482,669 | 518,044 | |
31-Mar-2018 | GBP | 515,601 | 4,571,661 | 5,497,948 | 266,371 | 35,375 | 119,587 | 154,962 | |
31-Mar-2017 | GBP | 78,583 | 3,681,759 | 3,568,968 | 391,740 | 3,537,481 | 129,630 | -3,336,890 | 1,080,221 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
31-Mar-2018 | GBP | -9,899.95% | -3,631,736 | 3,668,420 | 36,684 | 1,884,516 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | HIGGS SECRETARIAL LIMITED | 06 Nov 2023 | 18 Apr 2024 | 103 - 18 | ||
Resigned | Jonathan Paul IRWIN | 20 Mar 2009 | 30 Sep 2017 | Accountant | British | 1 - 31 |
Resigned | Susan Gillian RAND | 20 Mar 2009 | British | 0 - 1 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Thomas Philip WESTWOOD | 31 Jan 2024 | Company Director | British | 8 - 0 | 0 (0.0%) | |
Active | Nigel Ernest SMITH | 31 Jan 2024 | Company Director | British | 9 - 5 | 3 (21.4%) | |
Resigned | Martin COBB | 10 Dec 2021 | 31 Jan 2024 | Accountant | British | 0 - 4 | 0 (0.0%) |
Active | Stephen Paul THORNHILL | 13 Nov 2020 | Accountant | English | 23 - 30 | 13 (24.5%) | |
Resigned | Catherine Lorraine HOPKINS | 01 Jun 2018 | 28 Feb 2019 | Director | British | 0 - 2 | 0 (0.0%) |
Resigned | Karl Robert BOSTOCK | 01 Jun 2018 | 20 Dec 2018 | Director | British | 0 - 7 | 0 (0.0%) |
Resigned | Philip John WESTWOOD | 29 Feb 2016 | 13 Nov 2020 | Director | British | 1 - 20 | 2 (9.5%) |
Resigned | Mark Bernard FRANCKEL | 02 Jun 2014 | 02 Mar 2018 | Director | British | 1 - 13 | 4 (28.6%) |
Resigned | David Gareth ROBERTS | 02 Jun 2014 | 04 Nov 2020 | Director | British | 0 - 24 | 7 (29.2%) |
Resigned | Stephen MOUNTAIN | 03 Jan 2012 | 15 Sep 2017 | General Manager | British | 5 - 3 | 0 (0.0%) |
Resigned | Paul Christopher NELSON | 21 May 2009 | 02 Jun 2014 | Chemist | British | 0 - 2 | 0 (0.0%) |
Resigned | Christopher Mark HEYWOOD | 20 Mar 2009 | 11 Aug 2010 | Accountant | British | 0 - 3 | 0 (0.0%) |
Resigned | Mark Bernard FRANCKEL | 20 Mar 2009 | 03 Jan 2012 | Ceo | British | 8 - 47 | 19 (34.5%) |
Average tenure of active directors: 1.3 years
Average tenure of resigned directors: 3.3 years
Average active director Dissolution Rate: 15.3%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2019-03-31 | 2018-03-31 | 2016-04-24 | 2015-04-24 | 2014-04-24 | ||
TRIMITE BID CO LIMITED | A SHARES | 3,183,733 90.0% | 0 0% | 0 0% | 0 0% | 0 0% |
TRIMITE BID CO LIMITED | B SHARES | 353,748 10.00% | 0 0% | 0 0% | 0 0% | 0 0% |
STRETFORD HOLDINGS LTD | A SHARES | 0 0% | 3,183,733 90.0% | 0 0% | 0 0% | 0 0% |
GREBE FINANCIAL SERVICES GMBH | B SHARES | 0 0% | 353,748 10.00% | 0 0% | 0 0% | 0 0% |
STRETFORD HOLDINGS LTD | A ORDINARY | 0 0% | 0 0% | 3,183,733 90.0% | 833,733 90% | 833,733 90% |
GREBE FINANCIAL SERVICES GMBH | B ORDINARY | 0 0% | 0 0% | 353,748 10.00% | 92,637 10% | 92,637 10% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
TRIMITE 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 |
---|---|---|---|---|
TRIMITE 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 | 0.5% | 1.5% | 2.8% | Medium |
Accounting Month | 0.5% | 1.8% | 3.9% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |