technispray coatings limited
technispray coatings limited Company Information
Company Number
03821155
Next Accounts
Dec 2025
Shareholders
technispray ltd
Group Structure
View All
Industry
Painting
Registered Address
linton house, catherine street, birmingham, west midlands, B6 5RS
Website
http://kolorbond.co.uktechnispray coatings limited Estimated Valuation
Pomanda estimates the enterprise value of TECHNISPRAY COATINGS LIMITED at £82.3k based on a Turnover of £203.5k and 0.4x industry multiple (adjusted for size and gross margin).
technispray coatings limited Estimated Valuation
Pomanda estimates the enterprise value of TECHNISPRAY COATINGS LIMITED at £173.3k based on an EBITDA of £30.3k and a 5.72x industry multiple (adjusted for size and gross margin).
technispray coatings limited Estimated Valuation
Pomanda estimates the enterprise value of TECHNISPRAY COATINGS LIMITED at £511.3k based on Net Assets of £213.6k and 2.39x industry multiple (adjusted for liquidity).
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Technispray Coatings Limited Overview
Technispray Coatings Limited is a live company located in birmingham, B6 5RS with a Companies House number of 03821155. It operates in the painting sector, SIC Code 43341. Founded in August 1999, it's largest shareholder is technispray ltd with a 100% stake. Technispray Coatings Limited is a mature, micro sized company, Pomanda has estimated its turnover at £203.5k with declining growth in recent years.
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Technispray Coatings Limited Health Check
Pomanda's financial health check has awarded Technispray Coatings Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £203.5k, make it larger than the average company (£152k)
- Technispray Coatings Limited
£152k - Industry AVG
Growth
3 year (CAGR) sales growth of -51%, show it is growing at a slower rate (15.8%)
- Technispray Coatings Limited
15.8% - Industry AVG
Production
with a gross margin of 34.1%, this company has a comparable cost of product (34.1%)
- Technispray Coatings Limited
34.1% - Industry AVG
Profitability
an operating margin of 8.6% make it more profitable than the average company (6.9%)
- Technispray Coatings Limited
6.9% - Industry AVG
Employees
with 5 employees, this is above the industry average (3)
5 - Technispray Coatings Limited
3 - Industry AVG
Pay Structure
on an average salary of £33.9k, the company has an equivalent pay structure (£33.9k)
- Technispray Coatings Limited
£33.9k - Industry AVG
Efficiency
resulting in sales per employee of £40.7k, this is less efficient (£91k)
- Technispray Coatings Limited
£91k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is earlier than average (49 days)
- Technispray Coatings Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 24 days, this is close to average (24 days)
- Technispray Coatings Limited
24 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is more than average (3 days)
- Technispray Coatings Limited
3 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 149 weeks, this is more cash available to meet short term requirements (24 weeks)
149 weeks - Technispray Coatings Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.1%, this is a lower level of debt than the average (67.2%)
42.1% - Technispray Coatings Limited
67.2% - Industry AVG
TECHNISPRAY COATINGS LIMITED financials
Technispray Coatings Limited's latest turnover from March 2024 is estimated at £203.5 thousand and the company has net assets of £213.6 thousand. According to their latest financial statements, Technispray Coatings Limited has 5 employees and maintains cash reserves of £279.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 5 | 7 | 10 | 6 | 7 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 49,971 | 15,296 | 20,396 | 27,195 | 36,260 | 16,808 | 22,411 | 29,882 | 38,119 | 27,352 | 25,164 | 33,454 | 12,746 | 14,730 | 20,800 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 49,971 | 15,296 | 20,396 | 27,195 | 36,260 | 16,808 | 22,411 | 29,882 | 38,119 | 27,352 | 25,164 | 33,454 | 12,746 | 14,730 | 20,800 |
| Stock & work in progress | 4,500 | 5,000 | 1,750 | 1,500 | 1,200 | 800 | 750 | 700 | 675 | ||||||
| Trade Debtors | 18,146 | 52,807 | 800,914 | 626,388 | 510,081 | 520,600 | 511,653 | 413,553 | 63,515 | 81,685 | 53,576 | 41,899 | 49,505 | 56,193 | 42,444 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 29,919 | ||||||||||||||
| Cash | 279,793 | 100,743 | 293,512 | 344,614 | 333,322 | 129,419 | 98,146 | 51,119 | 9,134 | ||||||
| misc current assets | 16,278 | 17,440 | |||||||||||||
| total current assets | 318,717 | 205,909 | 800,914 | 626,388 | 510,081 | 520,600 | 511,653 | 413,553 | 358,777 | 427,799 | 388,098 | 172,118 | 148,401 | 108,012 | 52,253 |
| total assets | 368,688 | 221,205 | 821,310 | 653,583 | 546,341 | 537,408 | 534,064 | 443,435 | 396,896 | 455,151 | 413,262 | 205,572 | 161,147 | 122,742 | 73,053 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 9,126 | 6,344 | 77,956 | 52,442 | 40,450 | 51,725 | 86,340 | 49,448 | 30,798 | 71,235 | 89,363 | 26,165 | 29,040 | 37,063 | 32,641 |
| Group/Directors Accounts | 75,000 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 13,088 | 19,448 | |||||||||||||
| total current liabilities | 97,214 | 25,792 | 77,956 | 52,442 | 40,450 | 51,725 | 86,340 | 49,448 | 30,798 | 71,235 | 89,363 | 26,165 | 29,040 | 37,063 | 32,641 |
| loans | 57,895 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 128 | ||||||||||||||
| total long term liabilities | 57,895 | 128 | |||||||||||||
| total liabilities | 155,109 | 25,792 | 77,956 | 52,442 | 40,450 | 51,725 | 86,340 | 49,448 | 30,798 | 71,235 | 89,363 | 26,165 | 29,040 | 37,063 | 32,769 |
| net assets | 213,579 | 195,413 | 743,354 | 601,141 | 505,891 | 485,683 | 447,724 | 393,987 | 366,098 | 383,916 | 323,899 | 179,407 | 132,107 | 85,679 | 40,284 |
| total shareholders funds | 213,579 | 195,413 | 743,354 | 601,141 | 505,891 | 485,683 | 447,724 | 393,987 | 366,098 | 383,916 | 323,899 | 179,407 | 132,107 | 85,679 | 40,284 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 12,797 | 5,099 | 10,686 | 9,469 | 8,290 | 11,641 | 4,388 | 6,070 | 10,143 | ||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -500 | 5,000 | -1,750 | 250 | 300 | 400 | 50 | 50 | 25 | 675 | |||||
| Debtors | -64,580 | -718,188 | 174,526 | 116,307 | -10,519 | 8,947 | 98,100 | 350,038 | -18,170 | 28,109 | 11,677 | -7,606 | -6,688 | 13,749 | 42,444 |
| Creditors | 2,782 | -71,612 | 25,514 | 11,992 | -11,275 | -34,615 | 36,892 | 18,650 | -40,437 | -18,128 | 63,198 | -2,875 | -8,023 | 4,422 | 32,641 |
| Accruals and Deferred Income | -6,360 | 19,448 | |||||||||||||
| Deferred Taxes & Provisions | -128 | 128 | |||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 75,000 | ||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 57,895 | ||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 179,050 | 100,743 | -293,512 | -51,102 | 11,292 | 203,903 | 31,273 | 47,027 | 41,985 | 9,134 | |||||
| overdraft | |||||||||||||||
| change in cash | 179,050 | 100,743 | -293,512 | -51,102 | 11,292 | 203,903 | 31,273 | 47,027 | 41,985 | 9,134 |
technispray coatings limited Credit Report and Business Information
Technispray Coatings Limited Competitor Analysis
Perform a competitor analysis for technispray coatings limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in B 6 area or any other competitors across 12 key performance metrics.
technispray coatings limited Ownership
TECHNISPRAY COATINGS LIMITED group structure
Technispray Coatings Limited has no subsidiary companies.
technispray coatings limited directors
Technispray Coatings Limited currently has 3 directors. The longest serving directors include Mr Malcolm McDermott (Mar 2022) and Mr David Kershaw (Jan 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Malcolm McDermott | 62 years | Mar 2022 | - | Director | |
| Mr David Kershaw | England | 76 years | Jan 2023 | - | Director |
| Ms Julie White | 61 years | Jan 2023 | - | Director |
P&L
March 2024turnover
203.5k
-37%
operating profit
17.5k
0%
gross margin
34.2%
+2.2%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
213.6k
+0.09%
total assets
368.7k
+0.67%
cash
279.8k
+1.78%
net assets
Total assets minus all liabilities
technispray coatings limited company details
company number
03821155
Type
Private limited with Share Capital
industry
43341 - Painting
incorporation date
August 1999
age
26
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
linton house, catherine street, birmingham, west midlands, B6 5RS
Bank
-
Legal Advisor
-
technispray 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 technispray coatings limited.
technispray coatings limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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technispray coatings limited Companies House Filings - See Documents
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