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Axalta Coating Systems Uk Holding Limited

08330148

active
Private Limited Company
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

UNIT 1 QUADRANT PARK, WELWYN GARDEN CITY, AL7 1FS
Incorporated 13/12/2012

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/07/2025

Due 26/07/2026

On track

Industry

64209
Activities of other holding companies

Officers

Mr Farrell Dolan

director · Since 24/06/2019

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 12 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 Limited

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

C/O Coden Services Limited, Clarendon House, Hamilton

Reg: 46832 · Bermuda Registrar Of Companies · Exempted Company

Notified 06/04/2016

Charges4 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 22/06/2018Registered 02/07/2018Satisfied 19/04/2023
Charge
satisfied

BARCLAYS BANK PLC

Created 22/06/2018Registered 02/07/2018Satisfied 19/04/2023
Charge
outstanding

BARCLAYS BANK PLC AS COLLATERAL AGENT

Created 19/12/2014Registered 13/03/2018
Charge
satisfied

BARCLAYS BANK PLC

Created 20/12/2017Registered 03/01/2018Satisfied 19/04/2023
Charge
satisfied

BARCLAYS BANK PLC AS COLLATERAL AGENT

Created 13/07/2017Registered 17/07/2017Satisfied 19/04/2023
charge
satisfied

WILMINGTON TRUST, NATIONAL ASSOCIATION

Created 01/02/2013Registered 11/02/2013Satisfied 06/10/2016
charge
satisfied

WILMINGTON TRUST, NATIONAL ASSOCIATION

Created 01/02/2013Registered 11/02/2013Satisfied 06/10/2016
charge
satisfied

BARCLAYS BANK PLC

Created 01/02/2013Registered 11/02/2013Satisfied 19/04/2023
charge
outstanding

BARCLAYS BANK PLC

Created 01/02/2013Registered 11/02/2013

CompanyRankvs 13188+ SIC 64209 peers
39

Financial strength100th percentile among SIC peers · 25/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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13188Axalta Coating Systems Uk Holding Limited
58
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.

Employees3/15 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.

Longevity14/15 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 g

Key FinancialsYear ending 31/12/2024

Net Worth

£4092.0M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Profit Before Tax

-£124.6M

Bottom line earnings

Net Current Assets

—

Working capital

Current Assets

£34.0M

Current Liabilities

£1997.4M

Debtors

£11.9M

Admin Expenses

£6.6M

Profit After Tax

-£124.8M

0avg. employees

Tax at Year End

Dividends paid£264.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02-£124.8M
20232.05—

Derived from filed accounts. Not audited figures.