SHERWIN-WILLIAMS UK LIMITED

AVENUE ONE, STATION LANE, WITNEY, OXFORDSHIRE, OX28 4XR

Previous name: SHERWIN-WILLIAMS DIVERSIFIED BRANDS LIMITED (changed on 21-Apr-2021)
Previous name: RONSEAL LIMITED (changed on 31-Dec-2014)

Company Number: 02968830
Incorporation date: 16-Sep-1994
Status: Active
Entity type: Private Limited Company

SIC codes:
20301 Manufacture of paints, varnishes and similar coatings, mastics and sealants
20590 Manufacture of other chemical products not elsewhere classified




SUMMARY

This company is 29.6 years old and is currently active. It is controlled by Sherwin-Williams Uk Holding Limited. The company has positive equity (net assets) of GBP 16.6 million which has increased from GBP 15 million in the previous year. The latest reported revenue figure is GBP 95 million which is similar to the previous year's figure of GBP 99.4 million. Retained earnings is negative (GBP -5.3 million), 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 20 other companies, 10 (50.0%) 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: 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-2019 GBP 95,047,570 -1,137,200 796,032 -1,933,232
31-Dec-2018 GBP 99,396,213 1,237,394 889,057 1,651,999
31-Dec-2017 GBP 92,056,848 -8,871,980 981,785 -3,155,095 -13,008,860
31-Dec-2016 GBP 97,220,586 -658,320 22,567 426,647 25,923 3,066,419
31-Dec-2015 GBP 95,039,823 6,007,810 243,565 921,890 1,445,149 7,069,067
31-Dec-2014 GBP 65,432,012 3,217,199 302,189 740,592 723,416 2,055,380
31-Dec-2013 GBP 66,903,773 575,939 196,119 1,015,533 -347,566 -591,041
31-Dec-2012 GBP 60,750,629 1,790,588 190,939 1,013,352 523,375 968,175
31-Dec-2011 GBP 60,506,366 2,033,914 150,531 694,394 591,839 1,490,051
31-Dec-2010 GBP 56,199,387 2 117,002 1 625,225 1,196,303
31-Dec-2009 GBP 4 2,495,381 68,901 1,154,191 685,203 1,410,091


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 42,004,548 35,380,784 21,958,093 -5,335,171 16,622,922
31-Dec-2018 GBP 37,805,685 29,965,350 18,659,926 3,639,814 15,020,112
31-Dec-2017 GBP 48,919,785 45,450,571 18,659,926 -11,267,455 7,392,471
31-Dec-2016 GBP 48,864,454 34,084,407 18,659,926 -2,078,145 16,581,783
31-Dec-2015 GBP 1,484,514 39,538,316 26,266,207 18,659,926 3,782,595 22,442,521
31-Dec-2014 GBP 45,816 27,893,032 18,887,100 18,659,926 -2,883,901 15,776,025
31-Dec-2013 GBP 100,792 22,505,395 16,144,422 18,659,926 -2,633,681 16,026,245
31-Dec-2012 GBP 162,187 19,482,744 13,501,844 18,659,926 -369,640 18,290,286
31-Dec-2011 GBP 48,710 15,969,023 16,659,926 766,560 17,426,486
31-Dec-2010 GBP 48,051 20 18,282,374 16,659,926 325,848 16,985,774
31-Dec-2009 GBP 45,841 16,838,088 13,695,917 15 18 19 20

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2019 GBP 15.02% 3,298,167 18,659,926 21,958,093 20,309,010
31-Dec-2012 GBP 10.72% 2,000,000 16,659,926 18,659,926 17,554,478
31-Dec-2010 GBP 100.00% 16,659,908 18 16,659,926 8,283,034
* 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)
Resigned Allen MISTYSYN 30 Apr 2010 29 Mar 2019 0 - 1
Resigned Howard Stephen HARGREAVES 31 Dec 2000 08 Jan 2018 Accountant British 0 - 10
Resigned John Leroy AULT 01 Mar 1998 30 Apr 2010 0 - 1
Resigned Michael GREY 01 Mar 1998 31 Dec 2000 0 - 3
Resigned Louis Eugene STELLATO 07 Jan 1997 01 Mar 1998 0 - 2
Resigned Michael GREY 12 Dec 1994 07 Jan 1997 0 - 3

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Simon John WALKER 15 Mar 2023 Finance Director British 7 - 810 (66.7%)
Resigned David Peter WRIGHT 30 Jun 2021 15 Mar 2023 Regional President & Gm - Emeai Region British 0 - 52 (40.0%)
Active James Michael DONCHESS 29 Mar 2019 Attorney American 3 - 99 (75.0%)
Resigned Dennis Harold KARNSTEIN 29 Mar 2019 30 Jun 2021 Regional President - Emeai American 0 - 139 (69.2%)
Resigned Ezio Nicola Giacomo BRAGGIO 08 Jan 2018 29 Mar 2019 President Emeai, Corporate Vice President Italian 0 - 1610 (62.5%)
Active Jeffrey James MIKLICH 08 Jan 2018 Business Executive American 3 - 1711 (55.0%)
Resigned Brian Edward PADDEN 08 Jan 2018 28 Jan 2022 General Manager American 0 - 32 (66.7%)
Resigned Allen Joseph MISTYSYN 08 Jan 2018 29 Mar 2019 Business Executive American 0 - 1811 (61.1%)
Resigned John George MORIKIS 09 Mar 2016 08 Jan 2018 Chief Executive Officer American 0 - 84 (50.0%)
Resigned Steven James GEARY 09 Mar 2016 08 Jan 2018 Executive President & General Manager British 7 - 91 (6.3%)
Resigned Nicola Maria BUDGE 09 Mar 2016 20 Nov 2017 Senior Vice President, Emea Operations & Supply Ch British 1 - 41 (20.0%)
Resigned Sean HENNESSY 08 Aug 2001 08 Jan 2018 Business Executive American 0 - 21 (50.0%)
Resigned Howard Stephen HARGREAVES 31 Dec 2000 08 Jan 2018 Director British 0 - 104 (40.0%)
Resigned Christopher Michael CONNOR 25 Oct 1999 09 Mar 2016 Director American 0 - 10 (0.0%)
Resigned Thomas Allen COMMES 01 Mar 1998 16 Mar 1999 Director American 0 - 10 (0.0%)
Resigned Kevin George BRENNAN 01 Mar 1998 17 Jun 1999 Executive American 0 - 10 (0.0%)
Resigned Larry John PITORAK 01 Mar 1998 08 Aug 2001 Executive Officer American 0 - 10 (0.0%)
Resigned John Gerald BREEN 01 Mar 1998 25 Oct 1999 Director American 0 - 10 (0.0%)
Resigned Thomas Scott KING 01 Jul 1997 01 Mar 1998 Executive American 0 - 10 (0.0%)
Resigned Mark Andrew SMOLIK 01 Jul 1997 01 Mar 1998 Attorney American 0 - 10 (0.0%)
Resigned David Nicholas STEFKO 01 Jul 1997 15 Dec 1997 Executive American 0 - 10 (0.0%)
Resigned Kenneth ERDMANN 01 Jul 1997 01 Mar 1998 Executive American 0 - 10 (0.0%)
Resigned Louis Eugene STELLATO 01 Jul 1997 01 Mar 1998 Attorney British 0 - 20 (0.0%)
Resigned Alan MELLOR 12 Dec 1994 07 Jan 1997 Director British 1 - 71 (12.5%)
Resigned Peter BLACK 12 Dec 1994 07 Jan 1997 Company Director British 0 - 10 (0.0%)
Resigned Michael GREY 12 Dec 1994 31 Dec 2000 Finance British 0 - 30 (0.0%)
Resigned Roy William GLENTWORTH 12 Dec 1994 01 Jul 1997 Human Resources Director British 0 - 10 (0.0%)
Resigned Paul BARROW 12 Dec 1994 09 Mar 2016 Director British 0 - 83 (37.5%)
Resigned Steven Bruce KLINSKY 16 Nov 1994 03 Sep 1996 Managing Director American 0 - 10 (0.0%)
Resigned DH & B MANAGERS LIMITED 16 Sep 1994 16 Nov 1994 0 - 20796 (46.4%)
Resigned DH & B DIRECTORS LIMITED 16 Sep 1994 16 Nov 1994 0 - 20997 (46.4%)
Resigned GRAY'S INN SECRETARIES LIMITED 16 Sep 1994 16 Nov 1994 0 - 276122 (44.2%)
Number of active directors: 3
Average tenure of active directors: 4.1 years
Average tenure of resigned directors: 3.9 years
Average active director Dissolution Rate: 65.6%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
SHERWIN-WILLIAMS PROTECTIVE & MARINE COATINGS (00893081) - Liquidation
RESIN SURFACES LIMITED (01659941) - Active
PLASTI-KOTE LIMITED (02013215) - Liquidation
GUARDSMAN INDUSTRIES LIMITED (02360505) - Active
GEOCEL LIMITED (02539551) - Liquidation
VALSPAR POWDER COATINGS LIMITED (02849106) - Liquidation
QUEST AUTOMOTIVE PRODUCTS UK LIMITED (02925683) - Liquidation
SHERWIN-WILLIAMS UK LIMITED (02968830) - Active
THE VALSPAR (UK) CORPORATION, LIMITED (03049772) - Liquidation
THE VALSPAR (UK) HOLDING CORPORATION LIMITED (03171339) - Active
VALSPAR AUTOMOTIVE (UK) CORPORATION LIMITED (03287388) - Liquidation
W & J LEIGH & CO. LIMITED (04954265) - Active
RESIN SURFACES (UK) LIMITED (05540337) - Active
INVER COLOR LTD (05944238) - Liquidation
INVER UK LIMITED (06707425) - Liquidation
SHERWIN-WILLIAMS UK HOLDING LIMITED (07037084) - Liquidation
SHERWIN-WILLIAMS UK AUTOMOTIVE LIMITED (07037088) - Active
SHERWIN-WILLIAMS UK COATINGS LIMITED (07148590) - Liquidation
THE VALSPAR (UK) FUNDING CORPORATION LIMITED (07185959) - Active
QUEST UK ACQUISITION LTD. (08518890) - Active
THE VALSPAR (UK) SPECIAL HOLDING CORPORATION LTD (10537718) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-09-162014-09-162013-09-162012-09-162011-09-16
SHERWIN-WILLIAMS UK HOLDING LIMITEDORDINARY18,659,926
100%
18,659,926
100%
18,659,926
100%
18,659,926
100%
0
0%
THE SHERWIN-WILLIAMS COMPANYORDINARY0
0%
0
0%
0
0%
0
0%
16,659,926
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

SHERWIN-WILLIAMS 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
2023-07-01 2023-12-31 65 46% 82% 79509
2023-01-01 2023-06-30 62 48% 70% 75478
2023-01-01 2023-06-30 62 48% 70% 75540
2022-07-01 2022-12-31 55 42% 79% 68819
2022-01-01 2022-06-30 65 49% 86% 60153
2021-07-01 2021-12-31 62 48% 69% 54081
2021-01-01 2021-06-30 62 53% 70% 46724
2020-07-01 2020-12-31 61 57% 83% 41681
2020-01-01 2020-06-30 62 54% 65% 33324
2019-07-01 2019-12-31 53 46% 60% 27506
2019-01-01 2019-06-30 56 51% 74% 18942
2018-07-01 2018-12-31 56 55% 68% 11033
2018-01-01 2018-06-30 58 57% 68% 5820


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
SHERWIN-WILLIAMS 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 0.8% 3.8% 7.5% Medium
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