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AXALTA COATING SYSTEMS UK LIMITED
UNIT 1 QUADRANT PARK, MUNDELLS, WELWYN GARDEN CITY, HERTFORDSHIRE, AL7 1FSPrevious name: DUPONT PERFORMANCE COATINGS (U.K.) LIMITED (changed on 31-May-2013)
Company Number: 02238419
Incorporation date: 31-Mar-1988
Status: Active
Entity type: Private Limited Company
SIC codes:
20301 Manufacture of paints, varnishes and similar coatings, mastics and sealants
SUMMARY
This company is 36 years old and is currently active. It is controlled by Axalta Coating Systems Uk Holding Limited. The company has positive equity (net assets) of GBP 1.9 billion which has increased from GBP 1.9 billion in the previous year. The latest reported revenue figure is GBP 49.5 million which is up 20% on previous year's figure of GBP 41 million. The company has 2 active officers (directors or partners) who are or were officers of 22 other companies. The company has no public disputes filed on the Business Disputes Register. There is one court case 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-2022 | GBP | 49,495,000 | 320,000 | 43,545,000 | 73,000 | 362,000 | 43,430,000 |
31-Dec-2021 | GBP | 40,994,000 | 158,000 | 85,352,000 | 2,000 | 84,000 | 85,424,000 |
31-Dec-2019 | GBP | 71,997,000 | |||||
31-Dec-2018 | GBP | 48,163,000 | 2,704,000 | 482,000 | 1,000 | 209,000 | 2,976,000 |
31-Dec-2017 | GBP | 47,347,000 | 4,164,000 | 345,000 | 222,000 | 1,261,000 | 5,548,000 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Dec-2022 | GBP | 3,824,000 | 93,069,000 | 21,153,000 | 58,164,000 | 63,188,000 | 1,800,922,000 | 1,922,274,000 | |
31-Dec-2021 | GBP | 7,413,000 | 36,821,000 | 11,079,000 | 58,164,000 | 1,799,265,000 | 1,857,429,000 | ||
31-Dec-2020 | GBP | 58,164,000 | 1,827,725,000 | -29,109,000 | 1,856,780,000 | ||||
31-Dec-2019 | GBP | 14,942,000 | 15,505,000 | 58,164,000 | -28,890,000 | ||||
31-Dec-2018 | GBP | 3,245,000 | 37,854,000 | 12,531,000 | 58,164,000 | -30,584,000 | 27,580,000 | ||
31-Dec-2017 | GBP | 2,825,000 | 34,184,000 | 11,543,000 | 58,164,000 | -32,661,000 | 25,503,000 |
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 | James Ian BLENKINSOPP | 20 Mar 2013 | 29 Mar 2024 | 1 - 0 | ||
Resigned | Andrew BAKER | 06 Oct 2005 | 24 Jan 2013 | British | 0 - 44 | |
Resigned | Sarah Frances CLEMENTS | 28 Feb 2001 | 06 Oct 2005 | 0 - 31 | ||
Resigned | David Charles EVELEIGH | 15 Mar 1999 | 28 Feb 2001 | 0 - 45 | ||
Resigned | Janice Kathleen May LEIPER | 18 Apr 1996 | 15 Mar 1999 | 0 - 7 | ||
Resigned | Patricia Anne TURTON | 11 Feb 1994 | 18 Apr 1996 | 0 - 12 | ||
Resigned | Joseph Paul WISNIEWSKI | 11 Feb 1994 | 0 - 4 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Farrell DOLAN | 24 Jun 2019 | Managing Director | British | 13 - 9 | 1 (4.5%) | |
Active | James Ian BLENKINSOPP | 24 Jan 2013 | Business Analyst/Controller | British | 4 - 0 | 0 (0.0%) | |
Resigned | Michael Keith DAVIS | 24 Jan 2013 | 24 Jun 2019 | Sales Manager | British | 0 - 6 | 0 (0.0%) |
Resigned | Adrian Paul GOUGH | 31 Jan 2008 | 24 Jan 2013 | Director | British | 0 - 24 | 12 (50.0%) |
Resigned | Andrew BAKER | 03 Aug 2004 | 24 Jan 2013 | Director | British | 0 - 44 | 23 (52.3%) |
Resigned | George Barry Richard KNIGHT | 16 Dec 1999 | 30 May 2002 | Director | British | 0 - 4 | 2 (50.0%) |
Resigned | Michael John TAYLOR | 16 Dec 1999 | 31 Jan 2008 | Director Of Personnel | British | 0 - 14 | 8 (57.1%) |
Resigned | Brian Leslie BELLAMY | 01 Apr 1997 | 10 Oct 1998 | Director | British | 0 - 3 | 1 (33.3%) |
Resigned | Patricia Anne TURTON | 11 Feb 1994 | 31 Mar 1996 | Company Secretary/Legal Adviso | British | 0 - 12 | 2 (16.7%) |
Resigned | Joseph Linton PEARSON | 03 Aug 2004 | Company Official | English | 0 - 7 | 4 (57.1%) | |
Resigned | John Robert EDWARDS | 17 Dec 1992 | Company Official | British | 1 - 3 | 2 (50.0%) |
Average tenure of active directors: 8.0 years
Average tenure of resigned directors: 3.8 years
Average active director Dissolution Rate: 2.3%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2015-09-30 | 2014-09-30 | 2013-09-30 | 2012-09-30 | 2011-09-30 | ||
AXALTA COATING SYSTEMS UK HOLDING LIMITED | ORDINARY | 58,164,294 100% | 58,164,294 100% | 58,164,294 100% | 0 0% | 0 0% |
DU PONT UK LIMITED | ORDINARY | 0 0% | 0 0% | 0 0% | 58,164,000 100% | 58,164,000 100% |
SHAREHOLDINGS (BETA)
Company name | Share class | Shares at confimation date |
---|---|---|
2021-03-16 | ||
AXALTA COATING SYSTEMS UK LIMITED | ORDINARY | 31,580 100% |
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
AXALTA COATING SYSTEMS UK 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 |
---|---|---|---|---|---|
2021-01-01 | 2021-06-30 | 68 | 60% | 31% | 47332 |
2020-07-01 | 2020-12-31 | 72 | 63% | 71% | 42384 |
2020-01-01 | 2020-06-30 | 63 | 52% | 28% | 33256 |
2019-07-01 | 2019-12-31 | 54 | 33% | 25% | 28936 |
2019-01-01 | 2019-06-30 | 59 | 34% | 28% | 18762 |
2018-07-01 | 2018-12-31 | 53 | 37% | 26% | 18756 |
2018-01-02 | 2018-06-30 | 42 | 20% | 41% | 18672 |
COURT CASES
Date | Title | Reference | Subject |
---|---|---|---|
2017-11-24 | Mrs S Sterling v Axalta Coating Systems UK Ltd | [2017] UKET 3328358/2017 | Breach of Contract : Unfair Dismissal : Unlawful Deduction from Wages |
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 |
---|---|---|---|---|
AXALTA COATING SYSTEMS UK LIMITED | 0.7% | 3.6% | 7.1% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.3% | 1.3% | 2.4% | 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 |