HMG COATINGS (LONDON) LIMITED

H MARCEL GUEST LTD, COLLYHURST ROAD RIVERSIDE WORKS, MANCHESTER, GREATER MANCHESTER, M40 7RU

Company Number: 03062258
Incorporation date: 30-May-1995
Status: Active
Entity type: Private Limited Company

SIC codes:
20301 Manufacture of paints, varnishes and similar coatings, mastics and sealants





SUMMARY

This company is 28.9 years old and is currently active. It is controlled by H Marcel Guest Limited. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -1.7 thousand which has worsened since the previous year's figure of GBP -1.6 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -20 in the last reported period. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -351.7 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 1 active officers (directors or partners) who are or were officers of 1 other company. 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-Jun-2024
Accounts Filed: SMALL (30-Sep-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
30-Sep-2022 GBP 1,656 350,000 -351,656 -1,656
30-Sep-2021 GBP 1,636 350,000 -351,636 -1,636
30-Sep-2020 GBP 54 54 1,617 350,000 -351,563 -1,563
30-Sep-2019 GBP 27,625 48,520 350,000 -370,895 -20,895

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)
Resigned Andrew Mark BURTON 28 Sep 2001 07 Apr 2014 Company Director British 2 - 13
Resigned Joseph John OSBORN 30 May 1995 28 Sep 2001 0 - 2

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Stephen Paul CROSSMAN 11 Mar 2010 Business Development Director British 2 - 00 (0.0%)
Resigned Darren Michael BERRY 11 Mar 2010 31 Dec 2018 Operations Director British 1 - 64 (57.1%)
Resigned Gary John SMITH 05 May 2004 24 Dec 2009 Managing Director British 0 - 10 (0.0%)
Resigned Stephen Brian FALDER 28 Sep 2001 11 Mar 2010 Company Director British 7 - 183 (12.0%)
Resigned Andrew Mark BURTON 28 Sep 2001 07 Apr 2014 Company Director British 2 - 133 (20.0%)
Resigned Joseph John OSBORN 30 May 1995 04 Jun 2004 Salesman British 0 - 20 (0.0%)
Resigned Lyndon Lloyd LENNON 30 May 1995 28 Sep 2001 Salesman British 0 - 10 (0.0%)
Resigned WATERLOW SECRETARIES LIMITED 30 May 1995 30 May 1995 0 - 3030812944 (42.7%)
Resigned WATERLOW NOMINEES LIMITED 30 May 1995 30 May 1995 0 - 2317910338 (44.6%)
Number of active directors: 1
Average tenure of active directors: 14.1 years
Average tenure of resigned directors: 6.4 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
HMG PAINTS LIMITED (00669551) - Active
HMG COATINGS (LONDON) LIMITED (03062258) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

HMG COATINGS (LONDON) 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
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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
HMG COATINGS (LONDON) 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 0.5% 1.5% 2.8% Medium
Accounting Month 0.7% 4.4% 10.6% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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