akzo nobel industrial coatings limited
akzo nobel industrial coatings limited Company Information
Company Number
02648158
Website
www.akzonobel.comRegistered Address
the akzonobel building, wexham road, slough, SL2 5DS
Industry
Manufacture of other chemical products n.e.c.
Telephone
01254687950
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
akzo nobel coatings bld ltd 100%
akzo nobel industrial coatings limited Estimated Valuation
Pomanda estimates the enterprise value of AKZO NOBEL INDUSTRIAL COATINGS LIMITED at £5.6m based on a Turnover of £7.2m and 0.78x industry multiple (adjusted for size and gross margin).
akzo nobel industrial coatings limited Estimated Valuation
Pomanda estimates the enterprise value of AKZO NOBEL INDUSTRIAL COATINGS LIMITED at £56.4k based on an EBITDA of £11k and a 5.13x industry multiple (adjusted for size and gross margin).
akzo nobel industrial coatings limited Estimated Valuation
Pomanda estimates the enterprise value of AKZO NOBEL INDUSTRIAL COATINGS LIMITED at £5.4m based on Net Assets of £2.9m and 1.9x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Akzo Nobel Industrial Coatings 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.
Akzo Nobel Industrial Coatings Limited Overview
Akzo Nobel Industrial Coatings Limited is a live company located in slough, SL2 5DS with a Companies House number of 02648158. It operates in the manufacture of other chemical products n.e.c. sector, SIC Code 20590. Founded in September 1991, it's largest shareholder is akzo nobel coatings bld ltd with a 100% stake. Akzo Nobel Industrial Coatings Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.2m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Akzo Nobel Industrial Coatings Limited Health Check
Pomanda's financial health check has awarded Akzo Nobel Industrial Coatings Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £7.2m, make it smaller than the average company (£19.6m)
£7.2m - Akzo Nobel Industrial Coatings Limited
£19.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (4.5%)
16% - Akzo Nobel Industrial Coatings Limited
4.5% - Industry AVG
Production
with a gross margin of 39.8%, this company has a lower cost of product (29.5%)
39.8% - Akzo Nobel Industrial Coatings Limited
29.5% - Industry AVG
Profitability
an operating margin of -2.3% make it less profitable than the average company (6%)
-2.3% - Akzo Nobel Industrial Coatings Limited
6% - Industry AVG
Employees
with 17 employees, this is below the industry average (54)
17 - Akzo Nobel Industrial Coatings Limited
54 - Industry AVG
Pay Structure
on an average salary of £64.8k, the company has a higher pay structure (£50.4k)
£64.8k - Akzo Nobel Industrial Coatings Limited
£50.4k - Industry AVG
Efficiency
resulting in sales per employee of £422.8k, this is more efficient (£332.5k)
£422.8k - Akzo Nobel Industrial Coatings Limited
£332.5k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (52 days)
65 days - Akzo Nobel Industrial Coatings Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 28 days, this is quicker than average (42 days)
28 days - Akzo Nobel Industrial Coatings Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 60 days, this is in line with average (73 days)
60 days - Akzo Nobel Industrial Coatings Limited
73 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Akzo Nobel Industrial Coatings Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 60.3%, this is a higher level of debt than the average (41.4%)
60.3% - Akzo Nobel Industrial Coatings Limited
41.4% - Industry AVG
akzo nobel industrial coatings limited Credit Report and Business Information
Akzo Nobel Industrial Coatings Limited Competitor Analysis
Perform a competitor analysis for akzo nobel industrial coatings limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
akzo nobel industrial coatings limited Ownership
AKZO NOBEL INDUSTRIAL COATINGS LIMITED group structure
Akzo Nobel Industrial Coatings Limited has no subsidiary companies.
Ultimate parent company
AKZONOBEL NV
#0000990
2 parents
AKZO NOBEL INDUSTRIAL COATINGS LIMITED
02648158
akzo nobel industrial coatings limited directors
Akzo Nobel Industrial Coatings Limited currently has 4 directors. The longest serving directors include Mr Alan Hall (Apr 2018) and Ms Ray Johnson (Apr 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Hall | United Kingdom | 57 years | Apr 2018 | - | Director |
| Ms Ray Johnson | United Kingdom | 61 years | Apr 2020 | - | Director |
| Mr Antony Catterick | United Kingdom | 50 years | Mar 2024 | - | Director |
| Mrs Iulia Hotaranu Meijer | United Kingdom | 37 years | Mar 2024 | - | Director |
AKZO NOBEL INDUSTRIAL COATINGS LIMITED financials
Akzo Nobel Industrial Coatings Limited's latest turnover from December 2022 is £7.2 million and the company has net assets of £2.9 million. According to their latest financial statements, Akzo Nobel Industrial Coatings Limited has 17 employees and maintains cash reserves of 0 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 | 7,188,000 | 6,126,000 | 4,085,000 | 4,624,000 | 5,385,000 | 6,064,000 | 6,816,000 | 6,433,000 | 8,430,000 | 8,975,000 | 7,914,000 | 9,023,000 | 9,365,000 | 10,067,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 4,326,000 | 2,927,000 | 1,987,000 | 1,974,000 | 2,798,000 | 3,192,000 | 3,386,000 | 3,822,000 | 5,330,000 | 5,854,000 | 5,436,000 | 6,077,000 | 5,802,000 | 7,115,000 |
| Gross Profit | 2,862,000 | 3,199,000 | 2,098,000 | 2,650,000 | 2,587,000 | 2,872,000 | 3,430,000 | 2,611,000 | 3,100,000 | 3,121,000 | 2,478,000 | 2,946,000 | 3,563,000 | 2,952,000 |
| Admin Expenses | 3,028,000 | 2,637,000 | 1,763,000 | 2,545,000 | 2,964,000 | 3,569,000 | 3,380,000 | 1,891,000 | 3,525,000 | 4,475,000 | 5,452,000 | 5,251,000 | 5,138,000 | 4,047,000 |
| Operating Profit | -166,000 | 562,000 | 335,000 | 105,000 | -377,000 | -697,000 | 50,000 | 720,000 | -425,000 | -1,354,000 | -2,974,000 | -2,305,000 | -1,575,000 | -1,095,000 |
| Interest Payable | 19,000 | 19,000 | 9,000 | 11,000 | 0 | 0 | 1,000 | 6,000 | 12,000 | 11,000 | 0 | 0 | 0 | 0 |
| Interest Receivable | 35,000 | 0 | 5,000 | 5,000 | 12,000 | 4,000 | 0 | 0 | 0 | 0 | 1,000 | 18,000 | 45,000 | 48,000 |
| Pre-Tax Profit | -150,000 | 543,000 | 331,000 | 99,000 | -365,000 | -693,000 | 49,000 | 714,000 | -437,000 | -1,365,000 | -2,973,000 | -2,287,000 | -1,530,000 | -1,047,000 |
| Tax | 118,000 | 207,000 | 133,000 | -15,000 | 150,000 | 566,000 | 46,000 | 73,000 | 87,000 | 286,000 | 363,000 | 528,000 | 542,000 | 266,000 |
| Profit After Tax | -32,000 | 750,000 | 464,000 | 84,000 | -215,000 | -127,000 | 95,000 | 787,000 | -350,000 | -1,079,000 | -2,610,000 | -1,759,000 | -988,000 | -781,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -32,000 | 750,000 | 464,000 | 84,000 | -215,000 | -127,000 | 95,000 | 787,000 | -350,000 | -1,079,000 | -2,610,000 | -1,759,000 | -988,000 | -781,000 |
| Employee Costs | 1,101,000 | 981,000 | 702,000 | 607,000 | 744,000 | 760,000 | 829,000 | 1,195,000 | 2,961,000 | 3,594,000 | 5,050,000 | 3,876,000 | 3,756,000 | 2,340,000 |
| Number Of Employees | 17 | 15 | 14 | 12 | 12 | 12 | 12 | 16 | 24 | 26 | 29 | 28 | 29 | 35 |
| EBITDA* | 11,000 | 724,000 | 462,000 | 228,000 | -83,000 | -356,000 | 390,000 | 1,056,000 | -89,000 | -901,000 | -2,511,000 | -1,841,000 | -1,116,000 | -975,000 |
* 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 | 513,000 | 623,000 | 483,000 | 580,000 | 16,000 | 21,000 | 26,000 | 19,000 | 9,000 | 0 | 117,000 | 244,000 | 365,000 | 471,000 |
| Intangible Assets | 275,000 | 301,000 | 327,000 | 354,000 | 379,000 | 668,000 | 1,004,000 | 1,340,000 | 1,676,000 | 2,012,000 | 2,348,000 | 2,684,000 | 3,020,000 | 3,356,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 640,000 | 1,011,000 | 703,000 | 628,000 | 743,000 | 718,000 | 508,000 | 560,000 | 527,000 | 493,000 | 493,000 | 0 | 0 | 0 |
| Total Fixed Assets | 1,428,000 | 1,935,000 | 1,513,000 | 1,562,000 | 1,138,000 | 1,407,000 | 1,538,000 | 1,919,000 | 2,212,000 | 2,505,000 | 2,958,000 | 2,928,000 | 3,385,000 | 3,827,000 |
| Stock & work in progress | 712,000 | 636,000 | 659,000 | 475,000 | 89,000 | 170,000 | 558,000 | 521,000 | 589,000 | 741,000 | 626,000 | 647,000 | 501,000 | 785,000 |
| Trade Debtors | 1,287,000 | 913,000 | 675,000 | 586,000 | 772,000 | 833,000 | 787,000 | 972,000 | 973,000 | 1,101,000 | 1,086,000 | 1,318,000 | 1,582,000 | 1,798,000 |
| Group Debtors | 3,653,000 | 2,530,000 | 562,000 | 234,000 | 894,000 | 2,052,000 | 1,677,000 | 1,225,000 | 329,000 | 1,686,000 | 1,985,000 | 2,143,000 | 5,157,000 | 4,720,000 |
| Misc Debtors | 152,000 | 78,000 | 1,442,000 | 1,317,000 | 593,000 | 454,000 | 442,000 | 465,000 | 0 | 2,000 | 27,000 | 1,904,000 | 646,000 | 330,000 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,804,000 | 4,157,000 | 3,338,000 | 2,612,000 | 2,348,000 | 3,509,000 | 3,464,000 | 3,183,000 | 1,891,000 | 3,530,000 | 3,724,000 | 6,012,000 | 7,886,000 | 7,633,000 |
| total assets | 7,232,000 | 6,092,000 | 4,851,000 | 4,174,000 | 3,486,000 | 4,916,000 | 5,002,000 | 5,102,000 | 4,103,000 | 6,035,000 | 6,682,000 | 8,940,000 | 11,271,000 | 11,460,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 338,000 | 95,000 | 82,000 | 386,000 | 84,000 | 223,000 | 509,000 | 105,000 | 295,000 | 359,000 | 306,000 | 336,000 | 394,000 | 652,000 |
| Group/Directors Accounts | 2,564,000 | 1,687,000 | 1,022,000 | 543,000 | 400,000 | 1,763,000 | 1,676,000 | 1,791,000 | 1,537,000 | 3,081,000 | 2,988,000 | 2,678,000 | 2,713,000 | 1,296,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 122,000 | 111,000 | 88,000 | 92,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 761,000 | 211,000 | 515,000 | 224,000 | 556,000 | 268,000 | 27,000 | 563,000 | 415,000 | 329,000 | 298,000 | 282,000 | 761,000 | 1,121,000 |
| total current liabilities | 3,785,000 | 2,104,000 | 1,707,000 | 1,245,000 | 1,040,000 | 2,254,000 | 2,212,000 | 2,459,000 | 2,247,000 | 3,769,000 | 3,592,000 | 3,296,000 | 3,868,000 | 3,069,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 256,000 | 361,000 | 361,000 | 449,000 | 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 | 322,000 | 312,000 | 90,000 | 251,000 | 301,000 | 302,000 | 303,000 | 251,000 | 251,000 | 311,000 | 56,000 | 0 | 0 | 0 |
| total long term liabilities | 578,000 | 673,000 | 451,000 | 700,000 | 301,000 | 302,000 | 303,000 | 251,000 | 251,000 | 311,000 | 56,000 | 0 | 0 | 0 |
| total liabilities | 4,363,000 | 2,777,000 | 2,158,000 | 1,945,000 | 1,341,000 | 2,556,000 | 2,515,000 | 2,710,000 | 2,498,000 | 4,080,000 | 3,648,000 | 3,296,000 | 3,868,000 | 3,069,000 |
| net assets | 2,869,000 | 3,315,000 | 2,693,000 | 2,229,000 | 2,145,000 | 2,360,000 | 2,487,000 | 2,392,000 | 1,605,000 | 1,955,000 | 3,034,000 | 5,644,000 | 7,403,000 | 8,391,000 |
| total shareholders funds | 2,869,000 | 3,315,000 | 2,693,000 | 2,229,000 | 2,145,000 | 2,360,000 | 2,487,000 | 2,392,000 | 1,605,000 | 1,955,000 | 3,034,000 | 5,644,000 | 7,403,000 | 8,391,000 |
| 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 | -166,000 | 562,000 | 335,000 | 105,000 | -377,000 | -697,000 | 50,000 | 720,000 | -425,000 | -1,354,000 | -2,974,000 | -2,305,000 | -1,575,000 | -1,095,000 |
| Depreciation | 151,000 | 136,000 | 100,000 | 98,000 | 5,000 | 5,000 | 4,000 | 0 | 0 | 117,000 | 127,000 | 128,000 | 123,000 | 120,000 |
| Amortisation | 26,000 | 26,000 | 27,000 | 25,000 | 289,000 | 336,000 | 336,000 | 336,000 | 336,000 | 336,000 | 336,000 | 336,000 | 336,000 | 0 |
| Tax | 118,000 | 207,000 | 133,000 | -15,000 | 150,000 | 566,000 | 46,000 | 73,000 | 87,000 | 286,000 | 363,000 | 528,000 | 542,000 | 266,000 |
| Stock | 76,000 | -23,000 | 184,000 | 386,000 | -81,000 | -388,000 | 37,000 | -68,000 | -152,000 | 115,000 | -21,000 | 146,000 | -284,000 | 785,000 |
| Debtors | 1,200,000 | 1,150,000 | 617,000 | -237,000 | -1,055,000 | 643,000 | 192,000 | 1,393,000 | -1,453,000 | -309,000 | -1,774,000 | -2,020,000 | 537,000 | 6,848,000 |
| Creditors | 243,000 | 13,000 | -304,000 | 302,000 | -139,000 | -286,000 | 404,000 | -190,000 | -64,000 | 53,000 | -30,000 | -58,000 | -258,000 | 652,000 |
| Accruals and Deferred Income | 550,000 | -304,000 | 291,000 | -332,000 | 288,000 | 241,000 | -536,000 | 148,000 | 86,000 | 31,000 | 16,000 | -479,000 | -360,000 | 1,121,000 |
| Deferred Taxes & Provisions | 10,000 | 222,000 | -161,000 | -50,000 | -1,000 | -1,000 | 52,000 | 0 | -60,000 | 255,000 | 56,000 | 0 | 0 | 0 |
| Cash flow from operations | -344,000 | -265,000 | -380,000 | -16,000 | 1,351,000 | -91,000 | 127,000 | -238,000 | 1,565,000 | -82,000 | -311,000 | 24,000 | -1,445,000 | -6,569,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 877,000 | 665,000 | 479,000 | 143,000 | -1,363,000 | 87,000 | -115,000 | 254,000 | -1,544,000 | 93,000 | 310,000 | -35,000 | 1,417,000 | 1,296,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -94,000 | 23,000 | -92,000 | 541,000 | 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 | 16,000 | -19,000 | -4,000 | -6,000 | 12,000 | 4,000 | -1,000 | -6,000 | -12,000 | -11,000 | 1,000 | 18,000 | 45,000 | 48,000 |
| cash flow from financing | 385,000 | 541,000 | 383,000 | 678,000 | -1,351,000 | 91,000 | -116,000 | 248,000 | -1,556,000 | 82,000 | 311,000 | -17,000 | 1,462,000 | 10,516,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
P&L
December 2022turnover
7.2m
+17%
operating profit
-166k
-130%
gross margin
39.9%
-23.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
2.9m
-0.13%
total assets
7.2m
+0.19%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
akzo nobel industrial coatings limited company details
company number
02648158
Type
Private limited with Share Capital
industry
20590 - Manufacture of other chemical products n.e.c.
incorporation date
September 1991
age
33
accounts
Full Accounts
ultimate parent company
previous names
nobel coatings limited (September 1994)
casco nobel industrial coatings limited (February 1993)
incorporated
UK
address
the akzonobel building, wexham road, slough, SL2 5DS
last accounts submitted
December 2022
akzo nobel industrial coatings 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 did not find charges/mortgages relating to akzo nobel industrial coatings limited.
akzo nobel industrial coatings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
