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Walsall Locks Limited

01990247

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

LEAMORE CLOSE, WALSALL, WS2 7NL
Incorporated 17/02/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25720
Manufacture of locks and hinges

Officers

Mr Paul Andrew Preece

director · Since 31/12/1991

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Mrs Julie Ann Preece

director · Since 23/03/1995

COMPANY SECRETARY

BRITISH · UNITED KINGDOM · Age 63

Also on 1 other board

Mrs Julie Ann Preece

secretary · Since 13/12/2000

BRITISH · ENGLAND · Age 63

Also on 1 other board

Miss Julie Ann Parkes

director · Since 01/01/2019

OFFICE MANAGER

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Mr Paul Andrew Preece

25–50% shares

British · United Kingdom · Age 63

Leamore Close, Walsall, WS2 7NL

Notified 31/12/2016

Mrs Julie Ann Preece

25–50% shares

British · United Kingdom · Age 63

Leamore Close, Walsall, WS2 7NL

Notified 31/12/2016

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 14/02/2024Registered 15/02/2024
charge
satisfied

HSBC BANK PLC

Created 18/03/2011Registered 19/03/2011Satisfied 24/02/2026
charge
outstanding

GRIFFIN FACTORS LIMITED

Created 04/11/1996Registered 07/11/1996
charge
outstanding

MIDLAND BANK PLC

Created 16/11/1995Registered 17/11/1995
charge
satisfied

TSB COMMERCIAL FINANCE LIMITED

Created 16/09/1994Registered 27/09/1994Satisfied 09/10/2002
charge
satisfied

TSB BANK PLC

Created 06/03/1991Registered 26/03/1991Satisfied 22/10/1996
charge
satisfied

LLOYDS BANK PLC

Created 13/08/1986Registered 18/08/1986Satisfied 10/04/1990

CompanyRankvs 77+ SIC 25720 peers
53

Financial strength80th percentile among SIC peers · 20/25
Employees87th percentile among SIC peers · 13/15
LiquidityNo balance sheet data · 0/20
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 strength20/25 pts

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

Employees13/15 pts

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

Liquidity0/20 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 31/12/2025

Net Worth

£100k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£96k

Working capital

Current Assets

£584k

Current Liabilities

Fixed Assets

£5k

Debtors

£216k

9avg. employees

Balance Sheet

Assets less current liabilities£101k
Prepared with BrightAccountsProduction v1.0.0

EstimatesDerived

YearImplied Profit
2025+£0

Derived from filed accounts. Not audited figures.