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Walrus Development Company Limited

02184974

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

140 RAYNE ROAD, BRAINTREE, CM7 2QR
Incorporated 29/10/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43342
Glazing

Officers

Mr Darren Bird

director · Since 03/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 49

Miss Toni Lee

director · Since 03/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr Darren Bird

25–50% shares
25–50% votes
Appoint directors

British · England · Age 49

140, Rayne Road, Braintree, CM7 2QR

Notified 30/06/2020

Miss Toni Lee

25–50% shares
25–50% votes

British · England · Age 37

140, Rayne Road, Braintree, CM7 2QR

Notified 30/06/2020

Former PSCs

Michael David Wraith

Ceased 30/06/2020

Gary Penn

Ceased 30/11/2020

Charges3 outstanding

charge
outstanding

TSB BANK PLC

Created 09/08/1989Registered 11/08/1989
charge
outstanding

BARCLAYS BANK PLC

Created 05/08/1988Registered 15/08/1988
charge
outstanding

BARCLAYS BANK PLC

Created 04/03/1988Registered 15/03/1988

CompanyRankvs 2143+ SIC 43342 peers
55

Financial strength36th percentile among SIC peers · 9/25
Employees66th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.76× · 16/20
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 strength9/25 pts

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

Employees10/15 pts

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

Liquidity16/20 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 31/10/2024

Net Worth

£729

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£29k

Working capital

Current Assets

£67k

Current Liabilities

£38k

Fixed Assets

£3k

3avg. employees

Balance Sheet

Assets less current liabilities£32k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.76
20231.26
20221.25
20211.32
20201.52

Derived from filed accounts. Not audited figures.