nippon paint automotive (uk) limited

4.5

nippon paint automotive (uk) limited Company Information

Share NIPPON PAINT AUTOMOTIVE (UK) LIMITED
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Company Number

02651443

Registered Address

britannia trade park, radway road, swindon, wiltshire, SN3 4ND

Industry

Manufacture of paints, varnishes and similar coatings, mastics and sealants

 

Telephone

01793823361

Next Accounts Due

September 2025

Group Structure

View All

Directors

Atsushi Nagasaka4 Years

Lim Teck3 Years

View All

Shareholders

npae gmbh 100%

nippon paint automotive (uk) limited Estimated Valuation

£17.7m

Pomanda estimates the enterprise value of NIPPON PAINT AUTOMOTIVE (UK) LIMITED at £17.7m based on a Turnover of £23.9m and 0.74x industry multiple (adjusted for size and gross margin).

nippon paint automotive (uk) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NIPPON PAINT AUTOMOTIVE (UK) LIMITED at £0 based on an EBITDA of £-47k and a 5.62x industry multiple (adjusted for size and gross margin).

nippon paint automotive (uk) limited Estimated Valuation

£16.4m

Pomanda estimates the enterprise value of NIPPON PAINT AUTOMOTIVE (UK) LIMITED at £16.4m based on Net Assets of £7.7m and 2.14x industry multiple (adjusted for liquidity).

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Nippon Paint Automotive (uk) Limited Overview

Nippon Paint Automotive (uk) Limited is a live company located in swindon, SN3 4ND with a Companies House number of 02651443. It operates in the manufacture of paints, varnishes and similar coatings, mastics and sealants sector, SIC Code 20301. Founded in October 1991, it's largest shareholder is npae gmbh with a 100% stake. Nippon Paint Automotive (uk) Limited is a mature, large sized company, Pomanda has estimated its turnover at £23.9m with high growth in recent years.

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Nippon Paint Automotive (uk) Limited Health Check

Pomanda's financial health check has awarded Nippon Paint Automotive (Uk) Limited a 4.5 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

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £23.9m, make it in line with the average company (£25m)

£23.9m - Nippon Paint Automotive (uk) Limited

£25m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (6.9%)

20% - Nippon Paint Automotive (uk) Limited

6.9% - Industry AVG

production

Production

with a gross margin of 22.6%, this company has a higher cost of product (30.1%)

22.6% - Nippon Paint Automotive (uk) Limited

30.1% - Industry AVG

profitability

Profitability

an operating margin of -1.5% make it less profitable than the average company (4.5%)

-1.5% - Nippon Paint Automotive (uk) Limited

4.5% - Industry AVG

employees

Employees

with 63 employees, this is below the industry average (87)

63 - Nippon Paint Automotive (uk) Limited

87 - Industry AVG

paystructure

Pay Structure

on an average salary of £43k, the company has an equivalent pay structure (£47.2k)

£43k - Nippon Paint Automotive (uk) Limited

£47.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £379.3k, this is more efficient (£285.9k)

£379.3k - Nippon Paint Automotive (uk) Limited

£285.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 34 days, this is earlier than average (56 days)

34 days - Nippon Paint Automotive (uk) Limited

56 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 9 days, this is quicker than average (41 days)

9 days - Nippon Paint Automotive (uk) Limited

41 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 102 days, this is more than average (64 days)

102 days - Nippon Paint Automotive (uk) Limited

64 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 21 weeks, this is more cash available to meet short term requirements (4 weeks)

21 weeks - Nippon Paint Automotive (uk) Limited

4 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 45%, this is a similar level of debt than the average (44.2%)

45% - Nippon Paint Automotive (uk) Limited

44.2% - Industry AVG

NIPPON PAINT AUTOMOTIVE (UK) LIMITED financials

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Nippon Paint Automotive (Uk) Limited's latest turnover from December 2023 is £23.9 million and the company has net assets of £7.7 million. According to their latest financial statements, Nippon Paint Automotive (Uk) Limited has 63 employees and maintains cash reserves of £2.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover23,895,00025,210,00019,605,00013,850,00016,816,00017,165,00017,507,00018,044,00015,696,00015,256,00016,284,00014,985,00014,158,00012,821,0009,743,000
Other Income Or Grants000000000000000
Cost Of Sales18,486,00021,604,00015,581,00011,146,00012,647,00013,128,00013,549,00012,673,00011,898,00011,963,00012,750,00012,734,00011,690,00011,072,0008,698,000
Gross Profit5,409,0003,606,0004,024,0002,704,0004,169,0004,037,0003,958,0005,371,0003,798,0003,293,0003,534,0002,251,0002,468,0001,749,0001,045,000
Admin Expenses5,763,0005,787,0004,706,0002,736,0003,370,0003,413,0003,228,0003,056,0002,713,0002,460,0002,487,0002,524,0002,614,0002,450,0002,576,000
Operating Profit-354,000-2,181,000-682,000-32,000799,000624,000730,0002,315,0001,085,000833,0001,047,000-273,000-146,000-701,000-1,531,000
Interest Payable38,000285,000256,000117,000296,00034,00043,00054,00067,00095,000122,000103,000279,000518,00090,000
Interest Receivable7,0002,0000001,0004,000000180,000227,00000244,000
Pre-Tax Profit-385,000-2,464,000-938,000-149,000503,000470,000640,0002,001,000722,000544,0001,105,000-149,000-425,000-1,219,000-1,377,000
Tax00-134,00064,000-31,000-297,00078,000212,000108,000000000
Profit After Tax-385,000-2,464,000-1,072,000-85,000472,000173,000718,0002,213,000830,000544,0001,105,000-149,000-425,000-1,219,000-1,377,000
Dividends Paid000000000000000
Retained Profit-385,000-2,464,000-1,072,000-85,000472,000173,000718,0002,213,000830,000544,0001,105,000-149,000-425,000-1,219,000-1,377,000
Employee Costs2,711,0002,776,0002,767,0002,346,0002,808,0002,732,0002,695,0002,812,0002,696,0002,545,0002,435,0002,217,0002,277,0002,259,0002,203,000
Number Of Employees636659616466606161605858596161
EBITDA*-47,000-1,792,000-366,000265,0001,075,000844,000942,0002,530,0001,269,0001,006,0001,212,000-89,00029,000-539,000-1,374,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets3,671,0003,957,0004,158,0004,380,0004,562,0004,446,0003,781,0003,497,0003,643,0003,444,0003,385,0003,294,0003,399,0003,508,0003,333,000
Intangible Assets01,0007,00014,00021,00028,000000000000
Investments & Other0007,0007,0007,0007,0007,0007,0007,0007,0007,0007,0007,0007,000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets3,671,0003,958,0004,165,0004,401,0004,590,0004,481,0003,788,0003,504,0003,650,0003,451,0003,392,0003,301,0003,406,0003,515,0003,340,000
Stock & work in progress5,207,0005,967,0004,372,0004,428,0005,970,0004,820,0004,164,0006,120,0004,304,0003,421,0004,704,0004,766,0004,725,0004,606,0003,618,000
Trade Debtors2,263,0003,395,0003,195,0001,094,000956,000903,0001,371,0001,078,0001,663,000809,000876,000891,000763,000927,000969,000
Group Debtors31,00022,000587,0001,113,0001,221,0001,077,000941,0001,213,0001,134,0001,333,0002,360,0001,611,0001,579,0001,684,0001,353,000
Misc Debtors153,000255,000179,000280,000231,000258,000557,000427,000257,000147,000129,000131,000113,000125,000128,000
Cash2,593,0003,211,0002,621,0002,800,0001,833,0001,624,0001,988,0001,346,000996,0001,616,000998,000656,000259,0001,053,000263,000
misc current assets000000000000000
total current assets10,247,00012,850,00010,954,0009,715,00010,211,0008,682,0009,021,00010,184,0008,354,0007,326,0009,067,0008,055,0007,439,0008,395,0006,331,000
total assets13,918,00016,808,00015,119,00014,116,00014,801,00013,163,00012,809,00013,688,00012,004,00010,777,00012,459,00011,356,00010,845,00011,910,0009,671,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 485,000718,000397,000352,000350,000512,000793,000333,000435,000235,000253,000226,000228,000199,000211,000
Group/Directors Accounts4,992,0007,970,0004,130,0004,224,0004,988,0002,732,0002,096,0003,344,0003,333,0002,461,0003,392,0003,436,0004,206,0005,322,0003,274,000
other short term finances000000000000000
hp & lease commitments000000000003,0007,0007,00015,000
other current liabilities779,000565,000574,000550,000388,000316,000490,000699,000737,000662,000889,000611,000472,000569,000441,000
total current liabilities6,256,0009,253,0005,101,0005,126,0005,726,0003,560,0003,379,0004,376,0004,505,0003,358,0004,534,0004,276,0004,913,0006,097,0003,941,000
loans000001,000,0001,000,0001,600,0002,000,0002,750,0003,800,0004,060,0002,760,0002,210,000900,000
hp & lease commitments0000000000003,0009,00017,000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000001,000,0001,000,0001,600,0002,000,0002,750,0003,800,0004,060,0002,763,0002,219,000917,000
total liabilities6,256,0009,253,0005,101,0005,126,0005,726,0004,560,0004,379,0005,976,0006,505,0006,108,0008,334,0008,336,0007,676,0008,316,0004,858,000
net assets7,662,0007,555,00010,018,0008,990,0009,075,0008,603,0008,430,0007,712,0005,499,0004,669,0004,125,0003,020,0003,169,0003,594,0004,813,000
total shareholders funds7,662,0007,555,00010,018,0008,990,0009,075,0008,603,0008,430,0007,712,0005,499,0004,669,0004,125,0003,020,0003,169,0003,594,0004,813,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-354,000-2,181,000-682,000-32,000799,000624,000730,0002,315,0001,085,000833,0001,047,000-273,000-146,000-701,000-1,531,000
Depreciation306,000383,000309,000290,000269,000214,000212,000215,000184,000173,000165,000184,000175,000162,000157,000
Amortisation1,0006,0007,0007,0007,0006,000000000000
Tax00-134,00064,000-31,000-297,00078,000212,000108,000000000
Stock-760,0001,595,000-56,000-1,542,0001,150,000656,000-1,956,0001,816,000883,000-1,283,000-62,00041,000119,000988,0003,618,000
Debtors-1,225,000-289,0001,474,00079,000170,000-631,000151,000-336,000765,000-1,076,000732,000178,000-281,000286,0002,450,000
Creditors-233,000321,00045,0002,000-162,000-281,000460,000-102,000200,000-18,00027,000-2,00029,000-12,000211,000
Accruals and Deferred Income214,000-9,00024,000162,00072,000-174,000-209,000-38,00075,000-227,000278,000139,000-97,000128,000441,000
Deferred Taxes & Provisions000000000000000
Cash flow from operations1,919,000-2,786,000-1,849,0001,956,000-366,00067,0003,076,0001,122,0004,0003,120,000847,000-171,000123,000-1,697,000-6,790,000
Investing Activities
capital expenditure-20,000-182,000-87,000-108,000-385,000-913,000-496,000-69,000-383,000-232,000-256,000-79,000-66,000-337,000-3,490,000
Change in Investments00-7,000000000000007,000
cash flow from investments-20,000-182,000-80,000-108,000-385,000-913,000-496,000-69,000-383,000-232,000-256,000-79,000-66,000-337,000-3,497,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-2,978,0003,840,000-94,000-764,0002,256,000636,000-1,248,00011,000872,000-931,000-44,000-770,000-1,116,0002,048,0003,274,000
Other Short Term Loans 000000000000000
Long term loans0000-1,000,0000-600,000-400,000-750,000-1,050,000-260,0001,300,000550,0001,310,000900,000
Hire Purchase and Lease Commitments0000000000-3,000-7,000-6,000-16,00032,000
other long term liabilities000000000000000
share issue492,0001,0002,100,000000000000006,190,000
interest-31,000-283,000-256,000-117,000-296,000-33,000-39,000-54,000-67,000-95,00058,000124,000-279,000-518,000154,000
cash flow from financing-2,517,0003,558,0001,750,000-881,000960,000603,000-1,887,000-443,00055,000-2,076,000-249,000647,000-851,0002,824,00010,550,000
cash and cash equivalents
cash-618,000590,000-179,000967,000209,000-364,000642,000350,000-620,000618,000342,000397,000-794,000790,000263,000
overdraft000000000000000
change in cash-618,000590,000-179,000967,000209,000-364,000642,000350,000-620,000618,000342,000397,000-794,000790,000263,000

nippon paint automotive (uk) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Nippon Paint Automotive (uk) Limited Competitor Analysis

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Perform a competitor analysis for nippon paint automotive (uk) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other large companies, companies in SN3 area or any other competitors across 12 key performance metrics.

nippon paint automotive (uk) limited Ownership

NIPPON PAINT AUTOMOTIVE (UK) LIMITED group structure

Nippon Paint Automotive (Uk) Limited has no subsidiary companies.

Ultimate parent company

NPAE GMBH

#0134436

1 parent

NIPPON PAINT AUTOMOTIVE (UK) LIMITED

02651443

NIPPON PAINT AUTOMOTIVE (UK) LIMITED Shareholders

npae gmbh 100%

nippon paint automotive (uk) limited directors

Nippon Paint Automotive (Uk) Limited currently has 6 directors. The longest serving directors include Mr Atsushi Nagasaka (Jan 2020) and Mr Lim Teck (Jan 2021).

officercountryagestartendrole
Mr Atsushi Nagasaka63 years Jan 2020- Director
Mr Lim Teck53 years Jan 2021- Director
Mr Kwan Chow71 years Aug 2021- Director
Mr Ming Tiew43 years Apr 2022- Director
Mr Hasan Doganturk64 years Mar 2023- Director
Mr Jie Xu43 years Mar 2023- Director

P&L

December 2023

turnover

23.9m

-5%

operating profit

-354k

-84%

gross margin

22.7%

+58.25%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

7.7m

+0.01%

total assets

13.9m

-0.17%

cash

2.6m

-0.19%

net assets

Total assets minus all liabilities

nippon paint automotive (uk) limited company details

company number

02651443

Type

Private limited with Share Capital

industry

20301 - Manufacture of paints, varnishes and similar coatings, mastics and sealants

incorporation date

October 1991

age

33

incorporated

UK

ultimate parent company

NPAE GMBH

accounts

Full Accounts

last accounts submitted

December 2023

previous names

n p automotive coatings (europe) limited (March 2021)

nbc (uk) ltd (June 1995)

accountant

-

auditor

THOMAS & YOUNG LIMITED

address

britannia trade park, radway road, swindon, wiltshire, SN3 4ND

Bank

BARCLAYS BANK PLC

Legal Advisor

-

nippon paint automotive (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 2 charges/mortgages relating to nippon paint automotive (uk) limited. Currently there are 1 open charges and 1 have been satisfied in the past.

charges

nippon paint automotive (uk) limited Companies House Filings - See Documents

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