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Wallwork Newcastle Limited

01576003

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

LODGE BANK WORKS, BURY, BL9 0RE
Incorporated 23/07/1981

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25610
Treatment and coating of metals

Officers

Mr Luke Alexander Collins

director · Since 12/10/2017

METALLURGIST

BRITISH · ENGLAND · Age 43

Also on 1 other board

Mr Ian Charles Griffin

director · Since 12/10/2017

METALLURGIST

BRITISH · UNITED KINGDOM · Age 61

Also on 7 other boards

Mr Hamish Andrew Wallwork

director · Since 13/12/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 4 other boards

Mr Ian Charleston

secretary · Since 13/01/2021

Persons with Significant Control

Wht Holdings Limited

75–100% shares
75–100% votes
Appoint directors

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

Reg: 06088612 · Companies House · Private Limited Company

Notified 12/10/2017

Former PSCs

Mr Ronald Scott

Ceased 12/10/2017

Dr Graeme Forster

Ceased 12/10/2017

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 29/04/2022Registered 04/05/2022
Charge
outstanding

LLOYDS BANK PLC

Created 29/04/2022Registered 04/05/2022
charge
satisfied

LLOYDS TSB BANK PLC

Created 19/08/2005Registered 31/08/2005Satisfied 07/12/2017
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCIAL LTD

Created 04/05/2000Registered 16/05/2000Satisfied 08/02/2018
charge
satisfied

ROYSCOT TRUST PLC,ROYSCOT LEASING LIMITED, ROYSCOT INDUSTRIAL LEASING LIMITED, ROYSCOT COMMERCI

Created 24/03/2000Registered 28/03/2000Satisfied 07/12/2017
charge
satisfied

LLOYDS BANK PLC

Created 02/02/1996Registered 07/02/1996Satisfied 07/12/2017
charge
satisfied

LLOYDS BANK PLC

Created 10/11/1994Registered 15/11/1994Satisfied 07/12/2017
charge
satisfied

LLOYDS BANK PLC

Created 10/11/1989Registered 21/11/1989Satisfied 07/12/2017
charge
satisfied

LLOYDS BANK PLC

Created 20/03/1985Registered 21/03/1985Satisfied 07/12/2017

CompanyRankvs 753+ SIC 25610 peers
24

Financial strength1th percentile among SIC peers · 0/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£126k

Balance sheet strength

Cash

£24

Cash in the bank

Net Current Assets

-£975k

Working capital

Current Assets

£682k

Current Liabilities

£1.7M

Fixed Assets

£1.1M

Debtors

£636k

0avg. employees-17

Tax at Year End(2017)

Corp tax£12k

People Costs(2019)

Wages & salaries£708k
NI contributions£62k

Balance Sheet

Assets less current liabilities£92k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.41+£63k
20240.45-£45k
20230.45-£195k
20220.46-£288k
20210.44-£217k
20200.51-£474k
20192.66-£526k
20173.18

Derived from filed accounts. Not audited figures.