TRIMITE LIMITED

2E EAGLE ROAD, MOONS MOAT NORTH INDUSTRIAL ESTATE, REDDITCH, B98 9HF

Previous 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-2024
Accounts Filed: SMALL (31-Mar-2022)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	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

* 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)
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%)

Number of active directors: 3
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

Name	Thomas Philip WESTWOOD	Nigel Ernest SMITH	Stephen Paul THORNHILL
FIRWOOD PAINTS LIMITED (00207861) - Active	✔	✔	✔
BRITISH COATINGS FEDERATION LIMITED (00745398) - Active		✔
CHETWYND GARDENS (MAINTENANCE) LIMITED (00820894) - Active			✔
TRIMITE LIMITED (01564257) - Active	✔	✔	✔
WALKERS TRANSPORT MIDLANDS LIMITED (02938633) - Active			✔
EDS COURIERS LIMITED (04819636) - Active			✔
PALLETCAP LTD (05017969) - Active			✔
CROSBIE CASCO COATINGS LTD (06034927) - Dissolved		✔
CARRS COATINGS LIMITED (06628569) - Active	✔	✔	✔
TRIMITE TECHNOLOGIES LIMITED (06736940) - Active	✔	✔	✔
COATINGS HOLDINGS LIMITED (06754778) - Active			✔
INTELLIGENT CORPORATE FINANCE LIMITED (07252804) - Dissolved			✔
GLIXTONE LTD (07464794) - Active	✔	✔
R S FLEET INSTALLATIONS LTD (07498313) - Active			✔
UNITED GLASS GROUP LTD (07995246) - Active			✔
AXALTA COATING SYSTEMS WEST BROMWICH UK LIMITED (07997189) - Active		✔
THE INDEPENDENT COATINGS GROUP LIMITED (07997201) - Active		✔
KELVIN WAY PROPERTIES LIMITED (08001321) - Active - Proposal to Strike off		✔
ENSCOGW5 LIMITED (08001421) - Dissolved		✔
THE ART OF CONSULTING LIMITED (08225138) - Active - Proposal to Strike off			✔
SKIN PRO LIMITED (08348920) - Dissolved			✔
EXCELLERATE LEARNING LIMITED (08410958) - Dissolved			✔
U18 CONNECT LIMITED (08467911) - Active			✔
PERFECT SKIN PRO LIMITED (08468343) - Dissolved			✔
RS FLEET ACADEMY LIMITED (08629788) - Active			✔
ONLINEMIRRORS LIMITED (08797475) - Dissolved			✔
DOUBLECOOL U.K. LIMITED (09287971) - Active			✔
RS TOPCO LIMITED (09537099) - Active			✔
RS BIDCO LIMITED (09537147) - Active			✔
DATA LAKE LIMITED (09914235) - Active - Proposal to Strike off			✔
SCOREASSURED LIMITED (09917906) - Active - Proposal to Strike off			✔
RECRUITASSURED LIMITED (10086599) - Dissolved			✔
TENANTASSURED LIMITED (10087197) - Dissolved			✔
INSURANGEL LIMITED (10216906) - Active			✔
U18 SOFTWARE LIMITED (10459739) - Active			✔
TRIMITE GLOBAL COATINGS GROUP LIMITED (10653502) - Active	✔	✔	✔
THE DOG CLUB LIMITED (10729329) - Active			✔
TRIMITE TOP CO LIMITED (11059057) - Active	✔	✔	✔
TRIMITE BID CO LIMITED (11060343) - Active	✔	✔	✔
CNF HOLDINGS LIMITED (11379221) - Active - Proposal to Strike off			✔
SLAKE HOLDINGS LIMITED (11671499) - Active			✔
SLAKE BIDCO LIMITED (11754682) - Active			✔
SMART SALT RETAIL LIMITED (12366314) - Active			✔
STAINLESS AND GLASS LIMITED (12367769) - Dissolved			✔
STREET FOOD BOX LTD (12479484) - Active			✔
PERFECTLY GOOD FOR YOU LIMITED (12775271) - Dissolved			✔
THORNHILL ENTERPRISES LIMITED (13014981) - Active			✔
THE TRIMITE EBT COMPANY LIMITED (13038979) - Active			✔
PGFY HOLDINGS LIMITED (13157644) - Active			✔
ALL CLEAN PRODUCTS UK LIMITED (13179503) - Active			✔
PROTECT IT LIMITED (13517319) - Active			✔
SLAKE TOPCO LIMITED (13778223) - Active			✔
JOLLY GOODNESS LIMITED (14108550) - Active			✔
SENSATIONAL BRANDS LIMITED (14282102) - Active			✔
HEALTHY SPRINKLINGS LTD (14492267) - Active			✔
CE DISTRIBUTION LIMITED (15082657) - Active			✔
NN DISTRIBUTION LIMITED (15082821) - Active			✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	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

25-50%:Mr Adrian Olivero - ceased
25-50%:Mr David Denis Cuby - ceased
25-50%:Mr James David Hassan - ceased
25-50%:Mr Maurice Perera - ceased
25-50%:Mr Subash Malkani - ceased
25-50%:Mr William Cid De La Paz - ceased
- - >75%:Duke Royalty Limited (54697 - Guernsey) ceased
    25-50%:Duke Royalty Uk Limited (10223638 - United Kingdom) active
  - 50%-75%:Mr David Gareth Roberts - ceased
  - 25-50%:Mrs Jayne Mary Roberts - ceased
  - >75%:Mr Stephen Paul Thornhill - active
    25-50%:The Trimite Ebt Company Limited (13038979 - United Kingdom) active
  >75%:Trimite Top Co Limited (11059057 - United Kingdom) active
>75%:Trimite Bid Co Limited (11060343 - United Kingdom) active

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