AXALTA COATING SYSTEMS U.K. (2) LIMITED

📈Growthactive
08813062 · ltd · incorporated 2013-12-12
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 72/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (70/100).

🏦

Refinance opportunity

6 live charges · 5 lenders · oldest 12.2y

45/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 12.2 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: high (84/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £31,928,000

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Profit before tax£31.93M£23.41M
Average employees1100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-03-28
    YOUENS, Laura Michele appointed
    director
  3. 2025-03-28
    BLENKINSOPP, James Ian resigned
    director
  4. 2025-03-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-03-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-02-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2025-02-28
    🔒
    Charge registered #6
    Lender: Barclays Bank PLC, 1 Churchill Place, London, E14 5HP
  8. 2024-08-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2023-09-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2023-04-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2023-04-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2023-04-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2023-04-19
    🔓
    Charge satisfied #4
  14. 2023-04-19
    🔓
    Charge satisfied #3
  15. 2023-04-19
    🔓
    Charge satisfied #2
  16. 2023-04-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2023-04-14
    🔒
    Charge registered #5
    Lender: Barclays Bank PLC
  18. 2022-10-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  19. 2022-03-25
    📄
    auditors-resignation-company
    auditors · AUD
  20. 2021-11-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2021-10-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  22. 2021-10-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  23. 2020-11-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  24. 2019-07-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2019-07-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  26. 2019-06-24
    DOLAN, Farrell appointed
    director
  27. 2019-06-24
    DAVIS, Michael Keith resigned
    director
  28. 2018-06-22
    🔒
    Charge registered #4
    Lender: Barclays Bank PLC
  29. 2017-07-13
    🔒
    Charge registered #3
    Lender: Barclays Bank PLC as Collateral Agent
  30. 2016-10-06
    🔓
    Charge satisfied #1
  31. 2014-03-25
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC (The Collateral Agent)
  32. 2014-03-25
    🔒
    Charge registered #1
    Lender: Wilmington Trust, National Association (The "Notes Collateral Agent")
  33. 2014-02-06
    DAVIS, Michael Keith appointed
    director
  34. 2014-02-06
    DIGAETANO, Stephen Raffaele resigned
    director
  35. 2013-12-20
    DIGAETANO, Stephen Raffaele appointed
    director
  36. 2013-12-12
    🏢
    Company incorporated
    As AXALTA COATING SYSTEMS U.K. (2) LIMITED
  37. 2013-12-12
    BLENKINSOPP, James Ian appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Axalta Coating Systems Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Axalta Coating Systems Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
AXALTA COATING SYSTEMS U.K. (2) LIMITED
This company · 08813062

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Axalta Coating Systems Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control13/12/2019
1 historic (ceased) PSC
  • Axalta Coating Systems Uk Holding Limitedceased 13/12/2019· 75-100% shares · 75-100% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2013-12-12
Jurisdictionengland-wales
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

Unit 1 Quadrant Park
Mundells
Welwyn Garden City
Herts
AL7 1FS

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-15
Last: 2025-12-01

Officers (2 active · 3 resigned)

DOLAN, Farrell
director · ~57y · appointed 2019-06-24
View their other companies + combined net worth →
Active
YOUENS, Laura Michele
director · ~43y · appointed 2025-03-28
View their other companies + combined net worth →
Active
BLENKINSOPP, James Ian
director · ~69y · appointed 2013-12-12 · resigned 2025-03-28
Resigned
DAVIS, Michael Keith
director · ~64y · appointed 2014-02-06 · resigned 2019-06-24
Resigned
DIGAETANO, Stephen Raffaele
director · ~44y · appointed 2013-12-20 · resigned 2014-02-06
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

6
Total charges
2
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC, 1 Churchill Place, London, E14 5HP
A registered charge28/02/2025
outstanding
Barclays
Barclays Bank PLC
A registered charge14/04/2023
satisfied
Barclays
Barclays Bank PLC
A registered charge22/06/201819/04/2023
satisfied
Barclays
Barclays Bank PLC as Collateral Agent
A registered charge13/07/201719/04/2023
satisfied
Barclays
Barclays Bank PLC (The Collateral Agent)
A registered charge25/03/201419/04/2023
satisfied
Wilmington Trust, National Association (The "Notes Collateral Agent")
A registered charge1 property25/03/201406/10/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (56 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-19
accounts-with-accounts-type-full
accounts · AA
2025-09-30
appoint-person-director-company-with-name-date
officers · AP01
2025-03-28
termination-director-company-with-name-termination-date
officers · TM01
2025-03-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-17
accounts-with-accounts-type-full
accounts · AA
2024-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-18
accounts-with-accounts-type-full
accounts · AA
2023-09-29
mortgage-satisfy-charge-full
mortgage · MR04
2023-04-19
mortgage-satisfy-charge-full
mortgage · MR04
2023-04-19
mortgage-satisfy-charge-full
mortgage · MR04
2023-04-19
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-13
accounts-with-accounts-type-full
accounts · AA
2022-10-06