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Stephen Walters & Sons Limited

00060209

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

SUDBURY SILK MILLS, SUDBURY, CO10 2XB
Incorporated 07/01/1899

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 14/12/2025

Due 28/12/2026

On track

Industry

13200
Weaving of textiles

Officers

Mr David John Walters

director · Since 14/12/1990

CHAIRMAN

BRITISH · UNITED KINGDOM · Age 84

Also on 12 other boards

Mr Julius David Benedict Walters

director · Since 04/11/1999

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 12 other boards

Mrs Tracey Louise Goldsmith

director · Since 30/05/2017

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 9 other boards

Mrs Ceridwen Dallimore Yates

director · Since 16/12/2020

SALES DIRECTOR

BRITISH · ENGLAND · Age 48

Mrs Tracey Louise Goldsmith

secretary · Since 01/11/2023

Also on 9 other boards

Mr David Anthony Boreham

director · Since 01/02/2024

BUSINESS OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Mr Julius David Benedict Walters

Significant control

British · United Kingdom · Age 55

Sudbury Silk Mills, Sudbury, CO10 2XB

Notified 06/04/2016

Sudbury Silk Mills Limited

75–100% shares

Sudbury Silk Mills, Cornard Road, Sudbury, CO10 2XB

Reg: 11267590 · Register Of Companies, England · Limited Company

Notified 21/03/2018

Charges1 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 16/08/2007Registered 22/08/2007
charge
satisfied

INDUSTRIAL & COMMERCIAL FINANCE COMPANY LTD

Created 05/03/1971Registered 08/03/1971
charge
satisfied

INDUSTRIAL & COMMERCIAL FINANCE COMPANY LTD

Created 13/08/1968Registered 16/08/1968Satisfied 19/02/2004
charge
satisfied

LLOYDS BANK PLC

Created 18/03/1948Registered 08/04/1948Satisfied 19/02/2004

CompanyRankvs 105+ SIC 13200 peers
69

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.61× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

the business going forward. Whilst there is clearly currently some future economic uncertainty, these conditions do not cast significant doubt about the ability of the company to continue as a going concern. Based on this, the Directors have concluded that they have a reasonable expectation that the Company will have adequate resources to continue in operational existence for the foreseeabl

Key FinancialsYear ending 31/03/2025

Turnover

£8.5M

Annual revenue

Net Worth

£5.2M

Balance sheet strength

Cash

£332k

Cash in the bank

Profit Before Tax

£99k

Bottom line earnings

Net Current Assets

£3.9M

Working capital

Current Assets

£5.0M

Current Liabilities

£1.1M

Fixed Assets

£2.3M

Debtors

£1.9M

Cost of Sales

£6.1M

Gross Profit

£2.3M

Admin Expenses

£1.3M

Operating Profit

£88k

Profit After Tax

£111k

98avg. employees+5

Tax at Year End

Corp tax£16k

People Costs

Wages & salaries£3.2M
NI contributions£291k

Balance Sheet

Assets less current liabilities£6.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20254.61+£689k
20233.39

Derived from filed accounts. Not audited figures.