Company Overview
Spencer Coatings Group Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 22 February 1990, so this is a well established company. Spencer Coatings Group Limited has been in business for 36 years and 1 month. The accounts status is full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

6 York Street, Aberdeen, AB11 5DD
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Companies House Data
Company NameSPENCER COATINGS GROUP LIMITED
Company NumberSC123258
Registered Office Address6 York Street
 AB11 5DD
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date22/02/1990
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 Date13/04/2017
Returns Last Made Up Date16/03/2016
Directors & Members
Show Resigned
Farrell Dolan - Director
(British, 57 years old, born December 1969)
Appointed 24 June 2019
 Active
Laura Youens - Director
(British, 43 years old, born February 1983)
Appointed 28 March 2025
 Active
Secretaries
Show Resigned
Other Company Directorships
Farrell Dolan
AXALTA COATING SYSTEMS HUTHWAITE UK LIMITED
AXALTA COATING SYSTEMS TEWKESBURY UK LIMITED
AXALTA COATING SYSTEMS U.K. (2) LIMITED
AXALTA COATING SYSTEMS UK HOLDING LIMITED
AXALTA COATING SYSTEMS UK LIMITED
AXALTA COATING SYSTEMS WEST BROMWICH UK LIMITED
BRITISH COATINGS FEDERATION LIMITED
FOUR OAKS ESTATE LIMITED
KELVIN WAY PROPERTIES LIMITED
PEARL BISON LIMITED
PLASCOAT HOLDINGS LIMITED
PLASCOAT SYSTEMS LIMITED
THE INDEPENDENT COATINGS GROUP LIMITED
U-POL ACQUISITION LIMITED
U-POL BIDCO LIMITED
U-POL BOND LIMITED
U-POL FINCO LIMITED
U-POL HOLDINGS LIMITED
U-POL LIMITED
U-POL MEZZANINE LIMITED
U-POL PRODUCTS LIMITED
Laura Youens
AXALTA COATING SYSTEMS HUTHWAITE UK LIMITED
AXALTA COATING SYSTEMS TEWKESBURY UK LIMITED
AXALTA COATING SYSTEMS U.K. (2) LIMITED
AXALTA COATING SYSTEMS U.K. (3) LIMITED
AXALTA COATING SYSTEMS UK HOLDING LIMITED
AXALTA COATING SYSTEMS UK LIMITED
AXALTA POWDER COATING SYSTEMS UK LIMITED
MUMSCORP LIMITED
PLASCOAT HOLDINGS LIMITED
PLASCOAT SYSTEMS LIMITED
U-POL BIDCO LIMITED
U-POL LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 12,154,714 12,154,714 12,154,714
Current Assets 437,671 437,671 104,933
Creditors Due Within One Year 44,250 44,250 2,407,751
Working Cap 393,421 393,421 -2,302,818
Total Assets Less Current Liabilities 12,548,135 12,548,135 9,851,896
Long-term Liabilities 0 0 410,000
Net Assets 12,548,135 12,548,135 9,441,896
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 12,548,135 12,548,135 9,441,896
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 96.5% 96.5% 99.1%
Stocks Inventory - - -
Debtors 0.0% 0.0% 0.9%
Cash Bank In Hand 3.5% 3.5% 0.0%
Current Assets 3.5% 3.5% 0.9%
Creditors Due Within One Year 0.4% 0.4% 19.6%
Net Current Assets Liabilities 3.1% 3.1% -18.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 99.6% 99.6% 77.0%
Capital Employed - - -
Total Assets Less Current Liabilities 99.6% 99.6% 80.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 9.9 9.9 0.0
Solvency Ratio 284.6 284.6 4.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 3
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 12,592,385 12,592,385 12,259,647
Debt 44,250 44,250 2,817,751
Net Assets/Debt 12,548,135 12,548,135 9,441,896

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 balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

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 balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   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 balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

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 AB11 5DD
D K MARINE SUPPLIES LIMITED
6a York Street, Aberdeen, AB11 5DD
AXALTA COATING SYSTEMS HUTHWAITE UK LIMITED
6A, YORK STREET, ABERDEEN, YORK STREET, ABERDEEN, AB11 5DD
Document Filings
Confirmation statement made on 9 March 2026 with no updates
Registered office address changed from 6 York Street Aberdeen AB11 5DD to 6a, York Street, Aberdeen York Street Aberdeen AB11 5DD on 22 May 2025
Appointment of Miss Laura Michele Youens as a director on 28 March 2025
Termination of appointment of James Ian Blenkinsopp as a director on 28 March 2025
Confirmation statement made on 16 March 2025 with no updates
Termination of appointment of Richard Joyce as a director on 3 September 2024
Confirmation statement made on 16 March 2024 with no updates
Confirmation statement made on 16 March 2023 with no updates
Confirmation statement made on 16 March 2022 with updates
Statement of capital following an allotment of shares on 20 July 2021
Confirmation statement made on 16 March 2021 with updates
Notification of Axalta Coating Systems Uk Limited as a person with significant control on 10 December 2020
Cessation of Axalta Coating Systems Uk Holding Limited as a person with significant control on 10 December 2020
Confirmation statement made on 16 March 2020 with no updates
Appointment of Mr Farrell Dolan as a director on 24 June 2019
Termination of appointment of Michael Keith Davis as a director on 24 June 2019
Confirmation statement made on 16 March 2019 with no updates
Second filing of Confirmation Statement dated 16/03/2018
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