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N.D. Walters Carpets Limited

04505427

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

88/90 DUDLEY ROAD, DUDLEY, DY3 1TA
Incorporated 07/08/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43330
Floor and wall covering
47530
Retail sale of carpets, rugs, wall and floor coverings in specialised stores

Officers

Sandra Walters

secretary · Since 07/08/2002

BRITISH

Mr Nicholas Norman Walters

director · Since 07/08/2002

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 3 other boards

Mrs Sandra Walters

director · Since 09/04/2026

BRITISH · ENGLAND · Age 77

Persons with Significant Control

Mr Nicholas Norman Walters

25–50% shares

British · England · Age 63

88/90, Dudley Road, Dudley, DY3 1TA

Notified 06/04/2016

Mrs Sandra Walters

25–50% shares

British · England · Age 77

88/90, Dudley Road, Dudley, DY3 1TA

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 24/01/2011Registered 26/01/2011
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/07/2010Registered 31/07/2010

CompanyRankvs 1727+ SIC 43330 peers
63

Financial strength90th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.88× · 6/20
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 strength23/25 pts

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

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2025

Net Worth

£182k

Balance sheet strength

Cash

£189k

Cash in the bank

Net Current Assets

-£32k

Working capital

Current Assets

£234k

Current Liabilities

£266k

Fixed Assets

£244k

Debtors

£7k

6avg. employees

Balance Sheet

Bank loans & overdrafts£36k
Assets less current liabilities£212k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.88+£8k
20240.85+£15k
20230.86—

Derived from filed accounts. Not audited figures.