Walstead Press Group Limited
00933418
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/11/2013
GROUP COMMERCIAL DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 1 other board
director · Since 05/08/2024
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 9 other boards
Persons with Significant Control
Walstead United Kingdom Limited
18 Westside Centre, London Road, Colchester, CO3 8PH
Reg: 06750402 · Companies House · Limited Company
Notified 06/04/2016
Charges1 outstanding
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CompanyRankvs 3938+ SIC 18129 peers31
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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
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 going co
Key FinancialsYear ending 31/12/2024
Turnover
£2.1M
Annual revenue
Net Worth
-£21.2M
Balance sheet strength
Cash
£146k
Cash in the bank
Profit Before Tax
£9.1M
Bottom line earnings
Net Current Assets
-£21.2M
Working capital
Current Assets
£41.3M
Current Liabilities
£62.5M
Fixed Assets
£15k
Debtors
£1.9M
Cost of Sales
£3.0M
Gross Profit
-£976k
Admin Expenses
£2.1M
Operating Profit
£9.1M
Profit After Tax
£9.9M
People Costs
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.66 | +£9.9M |
| 2023 | 0.47 | — |
Derived from filed accounts. Not audited figures.