Company Overview
Ppg Refinish Distribution Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 19 July 1979, so this is a well established company. Ppg Refinish Distribution Limited has been in business for 46 years and 8 months. The accounts status is full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Needham Road, Stowmarket, Suffolk, IP14 2AD
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Companies House Data
Company NamePPG REFINISH DISTRIBUTION LIMITED
Company Number01438525
Registered Office AddressNeedham Road
 Stowmarket
 IP14 2AD
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date19/07/1979
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryFULL
Returns Next Due Date10/02/2017
Returns Last Made Up Date13/01/2016
Previous Company NameChanged Date
BROWN BROTHERS DISTRIBUTION LIMITED15 Jan 2021
MAX MEYER (UK) LIMITED18 Dec 2007
Directors & Members
Show Resigned
Keldine Brasenell - Director
(British, 41 years old, born February 1985)
Appointed 31 December 2020
 Active
Ruth Dixon - Director
(British, 50 years old, born April 1976)
Appointed 01 March 2017
 Active
Richard Goode - Director
(British, 59 years old, born November 1967)
Appointed 01 February 2022
 Active
Pinsent Masons Secretarial Limited - Secretary
Appointed 15 May 2006
 Active
Secretaries
Show Resigned
Pinsent Masons Secretarial Limited - Secretary
Appointed 15 May 2006
 Active
Other Company Directorships
Keldine Brasenell
No companies found
Ruth Dixon
PPG CENTRAL (UK) LIMITED
PPG HOLDINGS (U.K.) LIMITED
PPG INDUSTRIES (UK) LIMITED
PPG INDUSTRIES (UK) PENSION TRUSTEE LIMITED
PPG INVESTMENT UK 1 LIMITED
PPG INVESTMENT UK 2 LIMITED
PPG PERFORMANCE COATINGS UK LIMITED
WHITFORD LIMITED
Richard Goode
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Balance Sheet
Fixed Assets 596,719 596,719 770,295
Current Assets 26,739,093 26,739,093 19,414,165
Creditors Due Within One Year 11,621,622 11,621,622 9,804,985
Working Cap 15,117,471 15,117,471 9,609,180
Total Assets Less Current Liabilities 15,714,190 15,714,190 10,379,475
Long-term Liabilities 7,818,397 7,818,397 7,818,664
Net Assets 7,895,793 7,895,793 2,560,811
Share Capital & Reserves
Share Cap 2,600,000 2,600,000 2,600,000
Profit & Loss Reserves 5,035,793 5,035,793 -299,189
Other Reserves 260,000 260,000 260,000
Shareholders Funds 7,895,793 7,895,793 2,560,811
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Tangible Fixed Assets - - -
Fixed Assets 2.2% 2.2% 3.8%
Stocks Inventory 8.2% 8.2% 12.4%
Debtors 39.9% 39.9% 37.1%
Cash Bank In Hand 23.2% 23.2% 8.0%
Current Assets 97.8% 97.8% 96.2%
Creditors Due Within One Year 42.5% 42.5% 48.6%
Net Current Assets Liabilities 55.3% 55.3% 47.6%
Creditors Due After One Year 28.6% 28.6% 38.7%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 28.9% 28.9% 12.7%
Called Up Share Capital 9.5% 9.5% 12.9%
Share Capital Allotted Called Up Paid 9.5% 9.5% 12.9%
Profit Loss Account Reserve 18.4% 18.4% -1.5%
Shareholder Funds 28.9% 28.9% 12.7%
Capital Employed - - -
Total Assets Less Current Liabilities 57.5% 57.5% 51.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Liquidity Ratio 2.3 2.3 2.0
Solvency Ratio 1.4 1.4 1.1
Reserves to Assets 0.2 0.2 0.0
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Assets 27,335,812 27,335,812 20,184,460
Debt 19,440,019 19,440,019 17,623,649
Net Assets/Debt 7,895,793 7,895,793 2,560,811

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around IP14 2AD
STOWMARKET MEADLANDS RECREATION CLUB
Meadlands, Needham Road, Stowmarket, Suffolk, IP14 2AD
Document Filings
Confirmation statement made on 13 January 2026 with no updates
Confirmation statement made on 13 January 2025 with no updates
Director's details changed for Ms Ruth Kristina Stewart on 23 January 2024
Confirmation statement made on 13 January 2024 with no updates
Change of details for Ppg Industries (Uk) Limited as a person with significant control on 16 November 2023
Registered office address changed from PO Box 162, Needham Road Stowmarket Suffolk IP14 2ZR to Needham Road Stowmarket Suffolk IP14 2AD on 16 November 2023
Confirmation statement made on 13 January 2023 with no updates
Appointment of Richard Michael Goode as a director on 1 February 2022
Confirmation statement made on 13 January 2022 with no updates
Appointment of Keldine Brasenell as a director on 31 December 2020
Termination of appointment of David Heal as a director on 31 December 2020
Confirmation statement made on 13 January 2021 with no updates
Resolutions
Termination of appointment of Jennifer Victoria Summers as a director on 15 January 2020
Confirmation statement made on 13 January 2020 with no updates
Confirmation statement made on 13 January 2019 with updates
Confirmation statement made on 13 January 2018 with updates
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