axalta powder coating systems uk limited
axalta powder coating systems uk limited Company Information
Company Number
01074133
Website
http://www.axalta.comRegistered Address
unit 1 quadrant park, mundells, welwyn garden city, hertfordshire, AL7 1FS
Industry
Manufacture of paints, varnishes and similar coatings, mastics and sealants
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
axalta coating systems uk limited 100%
axalta powder coating systems uk limited Estimated Valuation
Pomanda estimates the enterprise value of AXALTA POWDER COATING SYSTEMS UK LIMITED at £20.2m based on a Turnover of £25m and 0.81x industry multiple (adjusted for size and gross margin).
axalta powder coating systems uk limited Estimated Valuation
Pomanda estimates the enterprise value of AXALTA POWDER COATING SYSTEMS UK LIMITED at £2.3m based on an EBITDA of £413k and a 5.6x industry multiple (adjusted for size and gross margin).
axalta powder coating systems uk limited Estimated Valuation
Pomanda estimates the enterprise value of AXALTA POWDER COATING SYSTEMS UK LIMITED at £122.2m based on Net Assets of £53.9m and 2.27x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Axalta Powder Coating Systems Uk Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Axalta Powder Coating Systems Uk Limited Overview
Axalta Powder Coating Systems Uk Limited is a live company located in welwyn garden city, AL7 1FS with a Companies House number of 01074133. It operates in the manufacture of paints, varnishes and similar coatings, mastics and sealants sector, SIC Code 20301. Founded in September 1972, it's largest shareholder is axalta coating systems uk limited with a 100% stake. Axalta Powder Coating Systems Uk Limited is a mature, large sized company, Pomanda has estimated its turnover at £25m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Axalta Powder Coating Systems Uk Limited Health Check
Pomanda's financial health check has awarded Axalta Powder Coating Systems Uk Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £25m, make it in line with the average company (£21.5m)
£25m - Axalta Powder Coating Systems Uk Limited
£21.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -5%, show it is growing at a slower rate (2.1%)
-5% - Axalta Powder Coating Systems Uk Limited
2.1% - Industry AVG
Production
with a gross margin of 20.6%, this company has a higher cost of product (29.3%)
20.6% - Axalta Powder Coating Systems Uk Limited
29.3% - Industry AVG
Profitability
an operating margin of 0.7% make it less profitable than the average company (5.2%)
0.7% - Axalta Powder Coating Systems Uk Limited
5.2% - Industry AVG
Employees
with 65 employees, this is similar to the industry average (80)
65 - Axalta Powder Coating Systems Uk Limited
80 - Industry AVG
Pay Structure
on an average salary of £50.2k, the company has an equivalent pay structure (£47.3k)
£50.2k - Axalta Powder Coating Systems Uk Limited
£47.3k - Industry AVG
Efficiency
resulting in sales per employee of £385.4k, this is more efficient (£262.3k)
£385.4k - Axalta Powder Coating Systems Uk Limited
£262.3k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (54 days)
31 days - Axalta Powder Coating Systems Uk Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 64 days, this is slower than average (39 days)
64 days - Axalta Powder Coating Systems Uk Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 97 days, this is more than average (71 days)
97 days - Axalta Powder Coating Systems Uk Limited
71 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (5 weeks)
4 weeks - Axalta Powder Coating Systems Uk Limited
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.7%, this is a lower level of debt than the average (42.1%)
37.7% - Axalta Powder Coating Systems Uk Limited
42.1% - Industry AVG
axalta powder coating systems uk limited Credit Report and Business Information
Axalta Powder Coating Systems Uk Limited Competitor Analysis
Perform a competitor analysis for axalta powder coating systems uk limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
axalta powder coating systems uk limited Ownership
AXALTA POWDER COATING SYSTEMS UK LIMITED group structure
Axalta Powder Coating Systems Uk Limited has no subsidiary companies.
Ultimate parent company
AXALTA COATING SYSTEMS LTD
#0081123
2 parents
AXALTA POWDER COATING SYSTEMS UK LIMITED
01074133
axalta powder coating systems uk limited directors
Axalta Powder Coating Systems Uk Limited currently has 2 directors. The longest serving directors include Mr James Blenkinsopp (Jan 2013) and Mr John Ridgeway (Jan 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Blenkinsopp | United Kingdom | 66 years | Jan 2013 | - | Director |
| Mr John Ridgeway | England | 64 years | Jan 2013 | - | Director |
AXALTA POWDER COATING SYSTEMS UK LIMITED financials
Axalta Powder Coating Systems Uk Limited's latest turnover from December 2022 is £25 million and the company has net assets of £53.9 million. According to their latest financial statements, Axalta Powder Coating Systems Uk Limited has 65 employees and maintains cash reserves of £2.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 25,048,000 | 21,496,000 | 19,459,000 | 29,338,000 | 28,546,000 | 24,738,000 | 20,325,000 | 17,542,000 | 14,813,000 | 12,285,000 | 11,120,000 | 12,307,000 | 12,400,000 | 11,421,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 19,890,000 | 15,906,000 | 14,246,000 | 20,867,000 | 20,312,000 | 17,615,000 | 14,251,000 | 13,699,000 | 11,424,000 | 10,058,000 | 9,085,000 | 10,892,000 | 11,047,000 | 9,660,000 |
| Gross Profit | 5,158,000 | 5,590,000 | 5,213,000 | 8,471,000 | 8,234,000 | 7,123,000 | 6,074,000 | 3,843,000 | 3,389,000 | 2,227,000 | 2,035,000 | 1,415,000 | 1,353,000 | 1,761,000 |
| Admin Expenses | 4,987,000 | 3,190,000 | 4,479,000 | 7,639,000 | 25,408,000 | 5,815,000 | 3,497,000 | 3,878,000 | 2,252,000 | 2,651,000 | 2,414,000 | 2,450,000 | 3,022,000 | 3,645,000 |
| Operating Profit | 171,000 | 2,400,000 | 734,000 | 832,000 | -17,174,000 | 1,308,000 | 2,577,000 | -35,000 | 1,137,000 | -424,000 | -379,000 | -1,035,000 | -1,669,000 | -1,884,000 |
| Interest Payable | 433,000 | 220,000 | 116,000 | 97,000 | 105,000 | 195,000 | 94,000 | 119,000 | 1,320,000 | 51,000 | 45,000 | 2,000 | 2,000 | 169,000 |
| Interest Receivable | 502,000 | 463,000 | 42,463,000 | 44,830,000 | 2,793,000 | 32,000 | 54,000 | 1,000 | 1,145,000 | 0 | 1,000 | 1,000 | 1,000 | 7,000 |
| Pre-Tax Profit | 240,000 | 2,643,000 | 43,081,000 | 45,565,000 | -14,486,000 | 1,145,000 | 2,537,000 | -153,000 | 962,000 | -397,000 | -371,000 | -932,000 | -1,670,000 | 4,454,000 |
| Tax | -50,000 | -58,000 | -391,000 | -11,000 | -63,000 | 476,000 | -583,000 | 1,000 | -54,000 | -188,000 | -337,000 | 232,000 | 474,000 | 534,000 |
| Profit After Tax | 190,000 | 2,585,000 | 42,690,000 | 45,554,000 | -14,549,000 | 1,621,000 | 1,954,000 | -152,000 | 908,000 | -585,000 | -708,000 | -700,000 | -1,196,000 | 4,988,000 |
| Dividends Paid | 0 | 85,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 190,000 | -82,415,000 | 42,690,000 | 45,554,000 | -14,549,000 | 1,621,000 | 1,954,000 | -152,000 | 908,000 | -585,000 | -708,000 | -700,000 | -1,196,000 | 4,988,000 |
| Employee Costs | 3,261,000 | 3,023,000 | 2,689,000 | 2,881,000 | 3,078,000 | 3,043,000 | 2,876,000 | 2,895,000 | 2,664,000 | 2,278,000 | 2,115,000 | 2,068,000 | 3,353,000 | 3,235,000 |
| Number Of Employees | 65 | 57 | 57 | 60 | 59 | 61 | 64 | 62 | 61 | 60 | 61 | 62 | 62 | 70 |
| EBITDA* | 413,000 | 2,655,000 | 1,047,000 | 1,160,000 | -16,862,000 | 1,614,000 | 2,844,000 | 222,000 | 1,416,000 | -103,000 | -54,000 | -426,000 | -1,385,000 | -1,593,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,158,000 | 2,215,000 | 2,427,000 | 2,549,000 | 2,224,000 | 2,456,000 | 2,680,000 | 2,628,000 | 2,273,000 | 2,358,000 | 2,384,000 | 2,603,000 | 2,586,000 | 2,609,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 47,339,000 | 47,339,000 | 47,339,000 | 640,910,000 | 674,790,000 | 44,593,000 | 18,581,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 49,497,000 | 49,554,000 | 49,766,000 | 643,459,000 | 677,014,000 | 47,049,000 | 21,261,000 | 2,628,000 | 2,273,000 | 2,358,000 | 2,384,000 | 2,603,000 | 2,586,000 | 2,609,000 |
| Stock & work in progress | 5,306,000 | 3,666,000 | 2,758,000 | 3,163,000 | 3,210,000 | 3,511,000 | 2,854,000 | 2,437,000 | 2,125,000 | 1,751,000 | 1,505,000 | 1,496,000 | 1,896,000 | 1,722,000 |
| Trade Debtors | 2,136,000 | 1,750,000 | 1,610,000 | 2,136,000 | 2,648,000 | 2,091,000 | 1,894,000 | 1,681,000 | 1,719,000 | 1,357,000 | 1,118,000 | 1,576,000 | 1,831,000 | 1,578,000 |
| Group Debtors | 27,039,000 | 21,646,000 | 20,727,000 | 20,903,000 | 11,828,000 | 3,334,000 | 5,680,000 | 578,000 | 629,000 | 458,000 | 426,000 | 272,000 | 735,000 | 564,000 |
| Misc Debtors | 0 | 35,000 | 48,000 | 1,243,000 | 57,000 | 78,000 | 580,000 | 265,000 | 100,000 | 14,000 | 49,000 | 687,000 | 493,000 | 1,529,000 |
| Cash | 2,490,000 | 3,686,000 | 79,328,000 | 31,882,000 | 1,387,000 | 2,391,000 | 429,000 | 974,000 | 64,000 | 565,000 | 1,503,000 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 36,971,000 | 30,783,000 | 104,471,000 | 59,327,000 | 19,130,000 | 11,405,000 | 11,437,000 | 5,935,000 | 4,637,000 | 4,145,000 | 4,601,000 | 4,031,000 | 4,955,000 | 5,393,000 |
| total assets | 86,468,000 | 80,337,000 | 154,237,000 | 702,786,000 | 696,144,000 | 58,454,000 | 32,698,000 | 8,563,000 | 6,910,000 | 6,503,000 | 6,985,000 | 6,634,000 | 7,541,000 | 8,002,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,758,000 | 518,000 | 65,000 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,496,000 | 3,479,000 | 2,196,000 | 1,925,000 | 3,254,000 | 2,144,000 | 1,956,000 | 1,642,000 | 1,061,000 | 1,152,000 | 1,065,000 | 1,079,000 | 1,355,000 | 1,091,000 |
| Group/Directors Accounts | 28,360,000 | 22,543,000 | 9,195,000 | 7,283,000 | 11,093,000 | 8,236,000 | 4,798,000 | 1,651,000 | 969,000 | 1,549,000 | 4,333,000 | 449,000 | 462,000 | 411,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 435,000 | 378,000 | 480,000 | 402,000 | 406,000 | 585,000 | 556,000 | 552,000 | 438,000 | 280,000 | 305,000 | 248,000 | 253,000 | 260,000 |
| total current liabilities | 32,291,000 | 26,400,000 | 11,871,000 | 9,610,000 | 14,753,000 | 10,965,000 | 7,310,000 | 3,845,000 | 2,468,000 | 2,981,000 | 5,703,000 | 3,534,000 | 2,588,000 | 1,827,000 |
| loans | 0 | 0 | 6,180,000 | 599,751,000 | 633,631,000 | 6,180,000 | 6,180,000 | 6,180,000 | 5,180,000 | 3,680,000 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 307,000 | 257,000 | 166,000 | 156,000 | 66,000 | 76,000 | 61,000 | 40,000 | 34,000 | 110,000 | 128,000 | 147,000 | 159,000 | 185,000 |
| total long term liabilities | 307,000 | 257,000 | 6,346,000 | 599,907,000 | 633,697,000 | 6,256,000 | 9,543,000 | 7,494,000 | 6,899,000 | 6,224,000 | 2,590,000 | 2,116,000 | 159,000 | 185,000 |
| total liabilities | 32,598,000 | 26,657,000 | 18,217,000 | 609,517,000 | 648,450,000 | 17,221,000 | 16,853,000 | 11,339,000 | 9,367,000 | 9,205,000 | 8,293,000 | 5,650,000 | 2,747,000 | 2,012,000 |
| net assets | 53,870,000 | 53,680,000 | 136,020,000 | 93,269,000 | 47,694,000 | 41,233,000 | 15,845,000 | -2,776,000 | -2,457,000 | -2,702,000 | -1,308,000 | 984,000 | 4,794,000 | 5,990,000 |
| total shareholders funds | 53,870,000 | 53,680,000 | 136,020,000 | 93,269,000 | 47,694,000 | 41,233,000 | 15,845,000 | -2,776,000 | -2,457,000 | -2,702,000 | -1,308,000 | 984,000 | 4,794,000 | 5,990,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 171,000 | 2,400,000 | 734,000 | 832,000 | -17,174,000 | 1,308,000 | 2,577,000 | -35,000 | 1,137,000 | -424,000 | -379,000 | -1,035,000 | -1,669,000 | -1,884,000 |
| Depreciation | 242,000 | 255,000 | 313,000 | 328,000 | 312,000 | 306,000 | 267,000 | 257,000 | 279,000 | 321,000 | 325,000 | 609,000 | 284,000 | 291,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -50,000 | -58,000 | -391,000 | -11,000 | -63,000 | 476,000 | -583,000 | 1,000 | -54,000 | -188,000 | -337,000 | 232,000 | 474,000 | 534,000 |
| Stock | 1,640,000 | 908,000 | -405,000 | -47,000 | -301,000 | 657,000 | 417,000 | 312,000 | 374,000 | 246,000 | 9,000 | -400,000 | 174,000 | 1,722,000 |
| Debtors | 5,744,000 | 1,046,000 | -1,897,000 | 9,749,000 | 9,030,000 | -2,651,000 | 5,630,000 | 76,000 | 619,000 | 236,000 | -942,000 | -524,000 | -612,000 | 3,671,000 |
| Creditors | 17,000 | 1,283,000 | 271,000 | -1,329,000 | 1,110,000 | 188,000 | 314,000 | 581,000 | -91,000 | 87,000 | -14,000 | -276,000 | 264,000 | 1,091,000 |
| Accruals and Deferred Income | 57,000 | -102,000 | 78,000 | -4,000 | -179,000 | 29,000 | 4,000 | 114,000 | 158,000 | -25,000 | 57,000 | -5,000 | -7,000 | 260,000 |
| Deferred Taxes & Provisions | 50,000 | 91,000 | 10,000 | 90,000 | -10,000 | 15,000 | 21,000 | 6,000 | -76,000 | -18,000 | -19,000 | -12,000 | -26,000 | 185,000 |
| Cash flow from operations | -6,897,000 | 1,915,000 | 3,317,000 | -9,796,000 | -24,733,000 | 4,316,000 | -3,447,000 | 536,000 | 360,000 | -729,000 | 566,000 | 437,000 | -242,000 | -4,916,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | -593,571,000 | -33,880,000 | 630,197,000 | 26,012,000 | 18,581,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 5,817,000 | 13,348,000 | 1,912,000 | -3,810,000 | 2,857,000 | 3,438,000 | 3,147,000 | 682,000 | -580,000 | -2,784,000 | 3,884,000 | -13,000 | 51,000 | 411,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -6,180,000 | -593,571,000 | -33,880,000 | 627,451,000 | 0 | 0 | 1,000,000 | 1,500,000 | 3,680,000 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 69,000 | 243,000 | 42,347,000 | 44,733,000 | 2,688,000 | -163,000 | -40,000 | -118,000 | -175,000 | -51,000 | -44,000 | -1,000 | -1,000 | -162,000 |
| cash flow from financing | 5,886,000 | 7,486,000 | -549,251,000 | 7,064,000 | 654,006,000 | 27,042,000 | 19,774,000 | 1,397,000 | 82,000 | 36,000 | 2,256,000 | -3,124,000 | 50,000 | 1,251,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -1,196,000 | -75,642,000 | 47,446,000 | 30,495,000 | -1,004,000 | 1,962,000 | -545,000 | 910,000 | -501,000 | -938,000 | 1,503,000 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,758,000 | 1,240,000 | 453,000 | 65,000 |
| change in cash | -1,196,000 | -75,642,000 | 47,446,000 | 30,495,000 | -1,004,000 | 1,962,000 | -545,000 | 910,000 | -501,000 | -938,000 | 3,261,000 | -1,240,000 | -453,000 | -65,000 |
P&L
December 2022turnover
25m
+17%
operating profit
171k
-93%
gross margin
20.6%
-20.81%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
53.9m
0%
total assets
86.5m
+0.08%
cash
2.5m
-0.32%
net assets
Total assets minus all liabilities
Similar Companies
axalta powder coating systems uk limited company details
company number
01074133
Type
Private limited with Share Capital
industry
20301 - Manufacture of paints, varnishes and similar coatings, mastics and sealants
incorporation date
September 1972
age
52
accounts
Full Accounts
ultimate parent company
previous names
dupont powder coatings uk limited (May 2013)
herberts powder coatings limited (November 1999)
See moreincorporated
UK
address
unit 1 quadrant park, mundells, welwyn garden city, hertfordshire, AL7 1FS
last accounts submitted
December 2022
axalta powder coating systems uk limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 8 charges/mortgages relating to axalta powder coating systems uk limited. Currently there are 1 open charges and 7 have been satisfied in the past.
axalta powder coating systems uk limited Companies House Filings - See Documents
| date | description | view/download |
|---|
