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Wallwork Heat Treatment Limited

00640305

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

LODGE BANK WORKS, LORD STREET, LANCASHIRE, BL9 0RE
Incorporated 23/10/1959

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 05/07/2026

Due 19/07/2027

On track

Industry

25610
Treatment and coating of metals

Officers

Mr Hamish Andrew Wallwork

director · Since 18/10/1991

METALLURGIST

BRITISH · ENGLAND · Age 67

Also on 4 other boards

Miss Susan Jane Wallwork

director · Since 01/01/1992

ADMINISTRATOR

BRITISH · ENGLAND · Age 70

Also on 2 other boards

Mr Ian Charles Griffin

director · Since 01/12/2008

METALLURGIST

BRITISH · UNITED KINGDOM · Age 61

Also on 7 other boards

Mr Simeon Peter Collins

director · Since 01/12/2008

ENGINEER

BRITISH · ENGLAND · Age 55

Mr Michael Jarvis

director · Since 01/10/2013

ENGINEER

BRITISH · ENGLAND · Age 58

Also on 2 other boards

Mr Timothy John Pelari

director · Since 21/07/2015

QUALITY ENGINEER

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Mr Luke Alexander Collins

director · Since 01/01/2020

SITE DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 1 other board

Mr Ian Charleston

secretary · Since 13/01/2021

Mr James Richard Bailey

director · Since 01/04/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 1 other board

Persons with Significant Control

Wht Holdings Limited

75–100% shares
75–100% votes

Wallwork Offices, 69 Hacking Street, Bury, BL9 0RG

Reg: 06088612 · England And Wales · Private Limited Company

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

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Charge
outstanding

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Created 15/11/2021Registered 16/11/2021
charge
satisfied

BARCLAYS BANK PLC

Created 18/08/2011Registered 24/08/2011Satisfied 09/12/2021

CompanyRankvs 404+ SIC 25610 peers
45

Financial strength99th percentile among SIC peers · 25/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.9× · 6/20
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 strength25/25 pts

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

Employees4/15 pts

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

Liquidity6/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2025

Turnover

£12.4M

Annual revenue

Net Worth

£11.1M

Balance sheet strength

Cash

£4.8M

Cash in the bank

Profit Before Tax

£1.5M

Bottom line earnings

Net Current Assets

-£1.4M

Working capital

Current Assets

£12.0M

Current Liabilities

£13.4M

Fixed Assets

£16.5M

Debtors

£7.0M

Admin Expenses

£3.2M

Operating Profit

£1.3M

Profit After Tax

£1.2M

1avg. employees-102

People Costs

Wages & salaries£4.4M
NI contributions£443k

Balance Sheet

Assets less current liabilities£15.2M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.90+£1.3M
20241.20+£1.7M
20231.56

Derived from filed accounts. Not audited figures.