Axalta Coating Systems U.K. (2) Limited
08813062
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/06/2019
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 12 other boards
director · Since 28/03/2025
CONTROLLER UK
BRITISH · ENGLAND · Age 43
Also on 12 other boards
Persons with Significant Control
Axalta Coating Systems Limited
Clarendon House, C/O Coden Services Limited, Hamilton
Reg: 46832 · Bermuda Register Of Companies · Exempted Company
Notified 13/12/2019
Former PSCs
Axalta Coating Systems Uk Holding Limited
Ceased 13/12/2019
Charges2 outstanding
BARCLAYS BANK PLC, 1 CHURCHILL PLACE, LONDON, E14 5HP
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC AS COLLATERAL AGENT
WILMINGTON TRUST, NATIONAL ASSOCIATION (THE "NOTES COLLATERAL AGENT")
BARCLAYS BANK PLC (THE COLLATERAL AGENT)
CompanyRankvs 12300+ SIC 64209 peers39
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£0
Balance sheet strength
Cash
—
Cash in the bank
Profit Before Tax
£31.9M
Bottom line earnings
Net Current Assets
£480.0M
Working capital
Current Assets
£485.0M
Current Liabilities
£5.0M
Debtors
£398.3M
Admin Expenses
£114k
Profit After Tax
£32.4M
Tax at Year End
People Costs
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 96.54 |
| 2023 | 82.67 |
Derived from filed accounts. Not audited figures.