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Paintwell Limited

00867825

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

C/O KROLL ADVISORY LTD THE SHARD 32, LONDON, SE1 9SG
Incorporated 31/12/1965

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47520
Retail sale of hardware, paints and glass in specialised stores

Officers

Mr John William Ferrington

director · Since 10/12/2012

OPERATIONS MANAGER

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mr Keith Michael Reville

director · Since 28/04/2023

DIRECTOR

IRISH · ENGLAND · Age 53

Also on 12 other boards

Mr Geoffrey Craythorne

director · Since 19/01/2024

COMPANY DIRECTOR

BRITISH · SCOTLAND · Age 76

Also on 8 other boards

Persons with Significant Control

Paintwell Holdings Limited

75–100% shares
75–100% votes
Appoint directors

38, Bromborough Village Road, Wirral, CH62 7ET

Reg: 13157086 · Companies House (England And Wales) · Private Company Limited By Shares

Notified 17/03/2021

Former PSCs

Mr Neville Wellings

Ceased 12/03/2021

Mudhouse Properties Limited

Ceased 17/03/2021

Charges3 outstanding

Charge
outstanding

CAIRNGORM CAPITAL PARTNERS LLP AS SECURITY AGENT

Created 20/12/2024Registered 23/12/2024
Charge
outstanding

ARBUTHNOT COMMERCIAL ASSET BASED LENDING LIMITED

Created 21/10/2022Registered 26/10/2022
Charge
outstanding

ARBUTHNOT COMMERCIAL ASSET BASED LENDING LIMITED

Created 18/03/2021Registered 19/03/2021
charge
satisfied

MIDLAND BANK LTD

Created 15/06/1966Registered 28/06/1966Satisfied 31/01/2025

CompanyRankvs 15+ SIC 47520 peers
12

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.46× · 2/20
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 strength0/25 pts

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

Employees0/15 pts

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

Liquidity2/20 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 31/12/2022

Net Worth

£2.0M

Balance sheet strength

Cash

£504k

Cash in the bank

Profit Before Tax

-£1.5M

Bottom line earnings

Net Current Assets

-£12.4M

Working capital

Current Assets

£10.7M

Current Liabilities

£23.1M

Fixed Assets

£18.9M

Debtors

£4.4M

Cost of Sales

£12.6M

Profit After Tax

-£1.1M

162avg. employees+29

Tax at Year End

Corp tax£844
Dividends paid£11.5M

People Costs

Wages & salaries£4.1M

Balance Sheet

Assets less current liabilities£6.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20220.46-£1.1M
20212.23

Derived from filed accounts. Not audited figures.