Axalta Powder Coating Systems UK Limited
Registered name: AXALTA POWDER COATING SYSTEMS UK LIMITED
Part of Axalta Coating Systems Limited groupAxalta Powder Coating Systems UK Limited made £31.6m revenue and £1.1m profit in the year to 31 Dec 2025. read from filing text
Axalta Powder Coating Systems UK Limited’s revenue grew 17% to £31.6m in the year to 31 Dec 2025, with £1.1m profit and 77 employees. The company is classified under “manufacture of paints, varnishes and similar coatings, mastics and sealants” and is based in Welwyn Garden City; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Welwyn Garden City, East of England
- Age
- 54 yrs · since 1972
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £25m | £26.3m | £26.9m | £31.6m |
| Cost of sales | £19.9m | £19.5m | £18.9m | £21.8m |
| Gross profit | £5.2m | £6.9m | £8m | £9.8m |
| Operating profit | £171k | £895k | £853k | £944k |
| Profit before tax | £240k | £890k | £932k | £941k |
| Profit after tax | £190k | £827k | £720k | £1.1m |
| Profit (best available) | £190k | £827k | £720k | £1.1m |
| Staff costs | £3.3m | £3.3m | £3.9m | £5m |
| Employees (average) | 65 | 64 | 71 | 77 |
| Ratios | ||||
| Profit margin | 0.8% | 3.1% | 2.7% | 3.5% |
| Gross margin | 20.6% | 26.1% | 29.9% | 31.1% |
| Revenue per employee | £385k | £411k | £379k | £411k |
| Profit per employee | £2.9k | £12.9k | £10.1k | £14.6k |
| Growth (year on year) | ||||
| Revenue growth | — | ▲5.1% | ▲2.3% | ▲17.5% |
| Profit growth | — | ▲335.3% | ▼12.9% | ▲55.7% |
| Headcount growth | — | ▼1.5% | ▲10.9% | ▲8.5% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £2.5m | £3.3m | £1.9m | £1.9m |
| Net assets | £53.9m | £54.7m | £55.4m | £52.6m |
| Fixed assets | £49.5m | £49.7m | £50.4m | £51.9m |
| Current assets | £37m | £16.1m | £20.3m | £23.7m |
| Debtors | £2.1m | £2m | £2.2m | £2.1m |
| Deferred income | £138k | £478k | £348k | £300k |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 3.5%
- Profit ÷ revenue.
- Gross margin
- 31.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £411k
- Revenue ÷ average employees.
- Profit per employee
- £14.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 164.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 6.8%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼5%
- Now £52.6m
- Cash at bank
- ▲1%
- Now £1.9m
- Headcount
- ▲8%
- Now 77
- Deferred income
- ▼14%
- Now £300k
- Fixed assets
- ▲3%
- Now £51.9m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Axalta Coating Systems Limited (registered outside the UK register)ultimate parent75–100%
- Axalta Coating Systems UK Holding Limited75–100%
- Axalta Coating Systems UK Limited75–100%
- Axalta Powder Coating Systems UK Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Spencer Coatings Group LimitedRev. — · Profit −£67.2k
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.1m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 24 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.