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Britannia Paints Ltd

01878527

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 8, MIDDLEWICH, CW10 9LF
Incorporated 17/01/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Mr David Ian Johnstone

director · Since 27/09/1993

SPECIALIST PAINT MANUFACTURER

BRITISH · ENGLAND · Age 68

Also on 1 other board

Mr Stephen Johnstone

director · Since 01/12/1998

PAINT MANAUFACTURER

BRITISH · ENGLAND · Age 66

Also on 5 other boards

Stephen Mark Johnstone

secretary · Since 21/09/2014

BRITISH

Persons with Significant Control

Mr David Ian Johnstone

75–100% shares

British · England · Age 68

Unit 8, Middlewich, CW10 9LF

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC AS SECURITY TRUSTEE

Created 20/05/2020Registered 21/05/2020
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 10/01/1990Registered 15/01/1990Satisfied 02/02/2022

CompanyRankvs 99+ SIC 20301 peers
68

Financial strength77th percentile among SIC peers · 19/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.58× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees13/15 pts

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

Liquidity16/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

£405k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£276k

Working capital

Current Assets

£749k

Current Liabilities

£474k

Fixed Assets

£172k

Debtors

£477k

14avg. employees-2

Balance Sheet

Assets less current liabilities£447k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.58+£4k
20241.45+£88k
20231.19-£92k
20221.46-£39k
20211.64+£260k
20201.09-£4k
20191.08+£2k
20171.06

Derived from filed accounts. Not audited figures.