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Intercoat Industrial Paints Limited

01211454

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

BRIDGEMAN STREET, WEST MIDLANDS, WS2 9NW
Incorporated 07/05/1975

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Mr Michael Richard Vann

secretary · Since 19/09/1991

BRITISH · UNITED KINGDOM · Age 78

Also on 15 other boards

Mr Michael Richard Vann

director · Since 19/09/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 78

Also on 15 other boards

Miss Sophie Emma Vann

director · Since 09/11/2020

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Mr Christian Michael Vann

director · Since 03/11/2021

RACING DRIVER

BRITISH · UNITED KINGDOM · Age 51

Also on 2 other boards

Persons with Significant Control

Vann Family Holdings Limited

75–100% shares
75–100% votes

Bridgeman Street, Walsall, WS2 9NW

Reg: 11266953 · England · Limited Company

Notified 15/11/2021

Former PSCs

Mi Michael Richard Vann

Ceased 15/11/2021

Charges0 outstanding

charge
satisfied

LLOYDS BANK PLC

Created 29/09/1983Registered 30/09/1983Satisfied 05/04/2013
charge
satisfied

LLOYDS BANK PLC

Created 09/01/1978Registered 10/01/1978Satisfied 05/04/2013

CompanyRankvs 146+ SIC 20301 peers
68

Financial strength68th percentile among SIC peers · 17/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.77× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 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.

Liquidity6/20 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£113k

Balance sheet strength

Cash

£431k

Cash in the bank

Net Current Assets

-£653k

Working capital

Current Assets

£2.2M

Current Liabilities

£2.9M

Fixed Assets

£781k

Debtors

£786k

Profit After Tax

-£143k

59avg. employees+2

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Assets less current liabilities£128k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.77-£17k
20240.90-£143k
20230.95-£156k
20220.98-£154k
20211.02+£202k
20200.95-£2.3M
20173.40

Derived from filed accounts. Not audited figures.