PPG KANSAI AUTOMOTIVE FINISHES UK LLP

1. PPG KANSAI AUTOMOTIVE FINISHES UK LLP 2005-01-21 → present
2. PPG AUTOMOTIVE FINISHES UK LLP 2004-11-02 → 2005-01-21

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The members have considered a going concern assessment of the LLP in order to conclude on the appropriateness of preparing the financial statements on a going concern basis. Cash flow forecasts have been prepared to reflect plausible downside scenario as a result of current levels of raw material and other inflations and its impact on the LLP's trading performance and outlook and also incorporates the Russian Ukraine conflicts. Those forecasts have been compared with the LLP's current and forecast liquidity position over that period and as a result of the assessment performed, the members have a reasonable expectation that the LLP will be able to meet its liabilities as they fall due for a period of at least 12 months from the date of approval of these financial statements and therefore continue to apply the going concern presumption in their preparation.”

Significant events

• “In the first quarter 2022, Russian military forces invaded Ukraine. This military action had significant and immediate adverse economic impacts to the Russian branch. The LLP divested its legacy industrial Russian operations during 2023 and continues to diligently work towards wind down of Russia operations.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -19.2%

  £59,057,667 → £47,719,332

• Cash

  -22%

  £1,712,183 → £1,335,755

• Net assets

  -19.3%

  £26,204,117 → £21,159,550

• Employees

  —

  Not reported

• Operating profit

  -42%

  £12,145,366 → £7,049,512

• Profit before tax

  -39.2%

  £13,061,035 → £7,934,937

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers