Walstead Heron Limited
02586277
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 16/04/2026
Due 30/04/2027
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 Press Group Limited
18 Westside Centre, London Road, Colchester, CO3 8PH
Reg: 00933418 · Registrar Of Companies · Private Limited Company
Notified 06/04/2016
Charges2 outstanding
CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)
CLOSE BROTHERS LIMITED
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 3889+ SIC 18129 peers27
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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
£4.6M
Annual revenue
Net Worth
-£13.2M
Balance sheet strength
Cash
£167k
Cash in the bank
Profit Before Tax
£493k
Bottom line earnings
Net Current Assets
-£12.9M
Working capital
Current Assets
£1.2M
Current Liabilities
£14.0M
Fixed Assets
£84k
Debtors
£285k
Cost of Sales
£3.3M
Gross Profit
£1.3M
Admin Expenses
£520k
Operating Profit
£559k
Profit After Tax
£364k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.08 | +£366k |
| 2023 | 0.12 | — |
Derived from filed accounts. Not audited figures.