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Walsall Pressings Company Limited

00888236

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

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

Details

. WEDNESBURY ROAD, WALSALL, WS1 4JW
Incorporated 22/09/1966

Compliance

Last accounts

31/03/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 08/07/2025

Due 22/07/2026

On track

Industry

29320
Manufacture of other parts and accessories for motor vehicles

Officers

Michael Robert Flewitt

director · Since 11/05/2026

British

Carolyn Clare Kearney

director · Since 04/12/2025

British

Former

Georgina Clark

secretary · Resigned 07/02/2022

Sean Patrick Collins

secretary · Resigned 29/02/2020

Margaret Woolley

secretary · Resigned 01/01/2010

John Patrick Beary

director · Resigned 21/06/2023

Georgina Stephanie Clark

director · Resigned 07/02/2022

Mark Richard Evans

director · Resigned 06/05/2026

Peter Anthony Christopher Gallone

director · Resigned 21/11/2025

David R Johanson

director · Resigned 09/05/2025

Rachel J. Markun

director · Resigned 09/05/2025

Richard David Smith

director · Resigned 08/06/2022

Eric Arthur Woolley

director · Resigned 02/06/2014

Lorraine Woolley

director · Resigned 12/08/2019

Margaret Woolley

director · Resigned 01/01/2010

Paul Woolley

director · Resigned 12/08/2019

CompanyRankvs 105+ SIC 29320 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.01× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

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

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 going co

Key FinancialsYear ending 31/03/2025

Turnover

£47.3M

Annual revenue

Net Worth

£25.0M

Balance sheet strength

Cash

£484k

Cash in the bank

Profit Before Tax

£6.5M

Bottom line earnings

Net Current Assets

£24.4M

Working capital

Current Assets

£32.5M

Current Liabilities

£8.1M

Fixed Assets

£815k

Debtors

£28.5M

Cost of Sales

£36.8M

Gross Profit

£10.5M

Admin Expenses

£4.0M

Operating Profit

£6.6M

Profit After Tax

£6.5M

179avg. employees+8

Tax at Year End

Corp tax£4k

People Costs

Wages & salaries£7.3M
NI contributions£521k

Balance Sheet

Bank loans & overdrafts£246k
Assets less current liabilities£25.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20254.01+£6.5M
20242.37

Derived from filed accounts. Not audited figures.