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Black Country Paints Limited

02779954

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

EUROPEAN HOUSE, WOLVERHAMPTON, WV3 0BG
Incorporated 15/01/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

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

Officers

Mr Paul Christopher Hill

director · Since 18/01/1993

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 4 other boards

Louise Jayne Hill

secretary · Since 01/06/2007

BRITISH

Also on 1 other board

Persons with Significant Control

Mr Paul Christopher Hill

Appoint directors

British · England · Age 64

Manor Farm House, Seisdon Road, Wolverhampton, WV5 7JF

Notified 01/01/2017

Hills Paints Holdings Limited

75–100% shares
75–100% votes

European House, Salisbury Street, Wolverhampton, WV3 0BG

Reg: 09752195 · Uk Registry Of Companies · Limited Company

Notified 06/12/2018

Former PSCs

Bcp Contracts Ltd.

Ceased 01/01/2017

Bcp Contracts Ltd.

Ceased 06/12/2018

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 22/03/2013Registered 23/03/2013
charge
satisfied

HSBC BANK PLC

Created 31/07/2009Registered 01/08/2009Satisfied 19/09/2023
charge
satisfied

HSBC BANK PLC

Created 10/02/2009Registered 12/02/2009Satisfied 19/09/2023
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD (THE SECURITY HOLDER)

Created 02/01/2009Registered 07/01/2009Satisfied 19/09/2023
charge
satisfied

MIDLAND BANK PLC

Created 07/08/1997Registered 15/08/1997Satisfied 15/02/2012
charge
satisfied

LLOYDS BANK PLC

Created 16/03/1994Registered 05/04/1994Satisfied 03/05/2013

CompanyRankvs 153+ SIC 20301 peers
57

Financial strength74th percentile among SIC peers · 19/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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153Black Country Paints Limited
63
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.

Employees12/15 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.

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 30/11/2024

Net Worth

£271k

Balance sheet strength

Cash

£215k

Cash in the bank

Net Current Assets

-£86k

Working capital

Current Assets

£762k

Current Liabilities

£848k

Fixed Assets

£376k

Debtors

£406k

12avg. employees

Tax at Year End(2018)

Corp tax£22k

Balance Sheet

Assets less current liabilities£290k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.90+£216k
20230.94-£181k
20220.91+£6k
20211.01+£5k
20201.10+£5k
20191.20+£5k
20181.29—

Derived from filed accounts. Not audited figures.