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Walter C Parson Limited

02119023

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

C/O BISHOP FLEMING, 5TH FLOOR SALT QUAY HOUSE 4 NORTH EAST QUAY, PLYMOUTH, PL4 0BN
Incorporated 02/04/1987

Compliance

Last accounts

05/04/2025

full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 20/10/2025

Due 03/11/2026

On track

Industry

96030
Funeral and related activities

Officers

Mr Graham Philip May

director · Since 20/10/1992

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 78

Also on 8 other boards

Mr David John Parslow

director · Since 20/10/1992

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Stephen John Ware

director · Since 20/10/1992

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 8 other boards

Mr John Stephen Ware

director · Since 22/04/2016

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 35

Also on 8 other boards

Persons with Significant Control

Stephen John Ware

25–50% shares
25–50% votes

British · United Kingdom · Age 67

The Firs, 702 Budshead Road, Plymouth, PL6 5DY

Notified 06/04/2016

Mr John Stephen Ware

25–50% shares
25–50% votes

British · England · Age 35

The Firs, 702 Budshead Road, Plymouth, PL6 5DY

Notified 19/11/2022

Former PSCs

Mr Graham Philip May

Ceased 19/11/2022

Charges6 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 03/10/2008Registered 14/10/2008
charge
outstanding

LLOYDS TSB BANK PLC

Created 29/08/2006Registered 06/09/2006
charge
outstanding

LLOYDS TSB BANK PLC

Created 04/07/2006Registered 11/07/2006
charge
outstanding

LLOYDS BANK PLC

Created 31/03/1998Registered 17/04/1998
charge
outstanding

LLOYDS BANK PLC

Created 13/06/1991Registered 21/06/1991
charge
outstanding

LLOYDS BANK PLC

Created 07/04/1989Registered 12/04/1989

CompanyRankvs 508+ SIC 96030 peers
56

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.54× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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508Walter C Parson Limited
72
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.

Liquidity6/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

or - the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other Information The other information comprises the information in

Key FinancialsYear ending 31/03/2021

Turnover

£4.3M

Annual revenue

Net Worth

£4.5M

Balance sheet strength

Cash

£286k

Cash in the bank

Profit Before Tax

£503k

Bottom line earnings

Net Current Assets

-£374k

Working capital

Current Assets

£432k

Current Liabilities

£805k

Fixed Assets

£6.0M

Debtors

£97k

Cost of Sales

£1.8M

Gross Profit

£2.5M

Admin Expenses

£2.2M

Operating Profit

£533k

Profit After Tax

£392k

71avg. employees

Tax at Year End

Dividends paid£59k

Director Loans

Company owes directors£17k

People Costs

Wages & salaries£1.3M
NI contributions£130k

Balance Sheet

Assets less current liabilities£5.6M
Prepared with Sage Accounts Production 2020 Update 1 - FRS102_2014

EstimatesDerived

YearCurrent RatioImplied Profit
20210.54+£385k
20200.44+£446k
20190.38—

Derived from filed accounts. Not audited figures.