Axalta Coating Systems Huthwaite Uk Limited

Axalta Coating Systems Huthwaite Uk Limited, based in Aberdeen, UK, is a sizable company with a rich history, having been founded 116 years ago in 1909. As a holding company with an active status, it employs 96 people and holds assets worth £9,072,573. The company operates from a real address and is managed by two directors and one owner, boasting a respectable Google rating of 4.0 based on 12 reviews. A regular exporter, Axalta specializes in tanning and dyeing products, with a history of 32 months of exports, the last operation occurring in April 2018.

The company's core business revolves around the manufacture of paints, varnishes, and related coatings, catering to industrial and commercial sectors. While no website is available to analyze, it's likely that the business operates primarily through direct sales and distribution channels rather than e-commerce.

Financially, Axalta presents a mixed picture. While the company’s assets remain stable, there's been a notable decrease in net assets, dropping 81% to £1.3 million. Bank borrowings have surged by 350%, reaching £330,000, while cash reserves have fallen 73% to £190,000. Creditors have also decreased by 39%, suggesting improved debt management. The company's size, meeting two of three criteria for a large company, indicates it’s a substantial player in its industry. The company’s auditor is Johnston Carmichael LLP. The decrease in equity, however, could indicate a need for investment or a challenging economic climate. It's worth noting that the company’s staff numbers have also decreased slightly, from 96 to 89, which could be related to cost-cutting measures.

Registered in Scotland under the registration number SC007479, with a registered address at AB11 5DD, Aberdeen, 6 York Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.