Back to search

Walstead Roche Limited

00720976

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

18 WESTSIDE CENTRE LONDON ROAD, COLCHESTER, CO3 8PH
Incorporated 09/04/1962

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/10/2025

Due 17/10/2026

On track

Industry

18129
Printing (other than printing of newspapers and printing of labels)

CompanyRankvs 105+ SIC 18129 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.2× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1The Valley Printing Company, Limited
90
2Greens Limited
90
3Warners (Midlands)Public Limited Company
90
4Henry Ling Limited
90
5Taylor Brothers Bristol Limited
90
6Gomer Press Limited
90
7Harlow Printing Limited
90
8Spellman & Walker Limited
90
9Walstead Roche Limited
90
10Stewart Signs Limited
90
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.

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

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

Going Concern Doubt

applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; ∙ assess the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and ∙ use the going concern basis of accounting unless they either intend to liquidate the Company or to cease operations, or

Key FinancialsYear ending 31/12/2024

Turnover

£35.3M

Annual revenue

Net Worth

£29.9M

Balance sheet strength

Cash

£2.5M

Cash in the bank

Profit Before Tax

£3.8M

Bottom line earnings

Net Current Assets

£28.0M

Working capital

Current Assets

£40.8M

Current Liabilities

£12.8M

Fixed Assets

£4.2M

Debtors

£427k

Cost of Sales

£26.8M

Gross Profit

£8.5M

Admin Expenses

£3.3M

Operating Profit

£4.2M

Profit After Tax

£2.8M

188avg. employees-3

Tax at Year End(2023)

Corp tax£858k

People Costs

Wages & salaries£6.3M
NI contributions£658k

Balance Sheet

Assets less current liabilities£32.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20243.20+£2.8M
20232.82—

Derived from filed accounts. Not audited figures.