Walsall Leather Co.Limited
00265299
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
28/02/2025
total exemption full
Next accounts due
30/11/2026
Confirmation statement
Last: 04/10/2025
Due 18/10/2026
Industry
Officers
director · Since 04/10/1991
COMPANY DIRECTOR/PRINTER
BRITISH · UNITED KINGDOM · Age 61
director · Since 04/10/1991
COMPANY DIRECTOR/MANAGER
BRITISH · UNITED KINGDOM · Age 89
Persons with Significant Control
Mr John Runciman Stephens
British · United Kingdom · Age 89
57 Broadway, Walsall, WS1 3EZ
Notified 06/04/2016
Mr David Runciman Stephens
British · United Kingdom · Age 61
7 Rischale Way, Rushall, Walsall, WS4 1EZ
Notified 06/04/2016
Former PSCs
Mrs Marilyn Stephens
Ceased 07/02/2024
Charges1 outstanding
MIDLAND BANK PLC
CompanyRankvs 3214+ SIC 47190 peers64
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 28/02/2025
Net Worth
£244k
Balance sheet strength
Cash
£95
Cash in the bank
Net Current Assets
-£12k
Working capital
Current Assets
£144k
Current Liabilities
£156k
Fixed Assets
£257k
Debtors
£63k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.92 | +£4k |
| 2024 | 0.93 | +£15k |
| 2023 | 0.87 | -£20k |
| 2022 | 1.09 | -£16k |
| 2021 | 1.11 | +£5k |
| 2020 | 1.02 | +£7k |
| 2019 | 1.08 | +£8k |
| 2017 | 1.11 | — |
Derived from filed accounts. Not audited figures.