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U-Pol Limited

00464919

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

U-POL TECH CENTRE DENINGTON ROAD, WELLINGBOROUGH, NN8 2QH
Incorporated 23/02/1949

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 20/05/2026

Due 03/06/2027

On track

Industry

20301
Manufacture of paints, varnishes and similar coatings, mastics and sealants
20590
Manufacture of other chemical products

Officers

Mr Michael Howard Pentecost

director · Since 23/03/2023

GLOBAL VICE PRESIDENT

NEW ZEALANDER · ENGLAND · Age 54

Also on 7 other boards

Miss Laura Michele Youens

director · Since 28/03/2025

CONTROLLER UK

BRITISH · ENGLAND · Age 43

Also on 12 other boards

Persons with Significant Control

Axalta Coating Systems Uk Holding Limited

75–100% shares
voting-rights-75-to-100-percent-as-firm
Appoint directors
significant-influence-or-control-as-firm

Unit 1, Mundells, Welwyn Garden City, AL7 1FS

Reg: 08330148 · United Kingtom · Limited

Notified 15/05/2024

Former PSCs

U-Pol Products Ltd

Ceased 15/05/2024

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC, 1 CHURCHILL PLACE, LONDON, E14 5HP

Created 28/02/2025Registered 28/02/2025
Charge
outstanding

BARCLAYS BANK PLC

Created 14/04/2023Registered 17/04/2023
Charge
satisfied

BARCLAYS BANK PLC

Created 09/02/2022Registered 14/02/2022Satisfied 19/04/2023
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE

Created 14/09/2016Registered 19/09/2016Satisfied 15/09/2021
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC (THE SECURITY AGENT)

Created 06/09/2010Registered 10/09/2010Satisfied 16/09/2016
charge
satisfied

BARCLAYS BANK PLC AS SECURITY TRUSTEE FOR THE SECURED PARTIES (THE 'SECURITY TRUSTEE')

Created 13/01/2006Registered 24/01/2006Satisfied 09/09/2010
charge
satisfied

GRAPHITE CAPITAL MANAGEMENT LIMITED

Created 27/09/2002Registered 09/10/2002Satisfied 24/08/2010
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND(THE SECURITY TRUSTEE)

Created 27/09/2002Registered 04/10/2002Satisfied 24/08/2010
charge
satisfied

COLIN MICHAEL DAVID · GRAHAM STEPHEN BROWN · BARNETT WADDINGHAM TRUSTEES LIMITED · BERNARD JACQUES DAVID

Created 28/10/1999Registered 30/10/1999Satisfied 04/10/2002
charge
satisfied

BERNARD JACQUES DAVID · GRAHAM STEPHEN BROWN · COLIN MICHAEL DAVID · BARNET WADDINGHAM TRUSTEES

Created 31/10/1994Registered 12/11/1994Satisfied 20/09/2002
charge
satisfied

COLIN MICHAEL DAVID · BERNARD JACQUES DAVID

Created 22/03/1994Registered 24/03/1994Satisfied 18/11/1999
charge
satisfied

GRAHAM STEPHEN BROWN · BERNARD JACQUES DAVID · BARNETT WADDINGHAM TRUSTEES LIMITED AS TRUSTEES OF W.DAVID AND SONS LIMITED 1991 RETIREMENT · COLIN MICHAEL DAVID

Created 22/11/1993Registered 03/12/1993Satisfied 20/09/2002
charge
satisfied

B.J.DAVID,C/M.DAVID,G.S.BROWN AND BARNETT WADDINGTON TRUSTEES LIMITEDAS TRUSTEES OF W.DAVID AND

Created 14/12/1992Registered 30/12/1992Satisfied 18/11/1999
charge
satisfied

B.J.DAVID C.M.DAVID G.S.BROWN & BARNETT WADDINGHAM TRUSTEESLIMITED (SEE FORM 395)

Created 16/12/1992Registered 30/12/1992Satisfied 20/09/2002
charge
satisfied

B.J.DAVID AND C.M.DAVID

Created 15/12/1992Registered 30/12/1992Satisfied 18/11/1999
charge
satisfied

E.DERRICK AND C.E.LLOYD AS TRUSTEES OF MR. & MRS.W.S.DAVID SETTLEMENT D/D 17/12/92

Created 17/12/1992Registered 30/12/1992Satisfied 20/09/2002

CompanyRankvs 15+ SIC 20301 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.2× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£89.2M

Balance sheet strength

Cash

£8.5M

Cash in the bank

Profit Before Tax

£13.9M

Bottom line earnings

Net Current Assets

£80.1M

Working capital

Current Assets

£105.1M

Current Liabilities

£25.0M

Fixed Assets

£10.5M

Debtors

£89.4M

Admin Expenses

£17.8M

Profit After Tax

£13.4M

313avg. employees+2

Tax at Year End

Corp tax£23k

People Costs

Wages & salaries£14.2M

Balance Sheet

Assets less current liabilities£90.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.20-£116.7M
20234.67

Derived from filed accounts. Not audited figures.