Waltet Materials Limited
03230908
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/10/2024
medium
Next accounts due
31/07/2026
Confirmation statement
Last: 01/07/2026
Due 15/07/2027
Industry
Officers
director · Since 16/12/1996
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 8 other boards
director · Since 25/07/2014
GENERAL MANAGER
BRITISH · ENGLAND · Age 60
Also on 1 other board
Persons with Significant Control
Waltet Limited
Unit 4, Andes Road, Southampton, SO16 0YZ
Reg: 06550655 · Companies House · Limited Company
Notified 06/04/2016
Charges2 outstanding
CYNERGY BUSINESS FINANCE LIMITED
BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)
SVENSKA HANDELSBANKEN AB (PUBL)
CompanyRankvs 189+ SIC 39000 peers59
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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 concern are d
Key FinancialsYear ending 07/11/2025
Turnover
£9.8M
Annual revenue
Net Worth
£610k
Balance sheet strength
Cash
£316k
Cash in the bank
Profit Before Tax
-£317k
Bottom line earnings
Net Current Assets
£160k
Working capital
Current Assets
£4.2M
Current Liabilities
£4.0M
Fixed Assets
£3.8M
Debtors
£2.9M
Cost of Sales
£7.3M
Gross Profit
£2.5M
Admin Expenses
£2.4M
Operating Profit
£162k
Profit After Tax
-£265k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.04 | -£265k |
| 2024 | 0.75 | -£4k |
| 2023 | 0.75 | — |
Derived from filed accounts. Not audited figures.