Walcot Associates Limited
05515321
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/07/2005
OPTICAN
BRITISH · ENGLAND · Age 63
Also on 1 other board
Persons with Significant Control
Mr Steven John Westwood
British · England · Age 63
Azzurri House, Walsall Business Park, Walsall, WS9 0RB
Notified 26/07/2016
Charges0 outstanding
THE ROYAL BANK OF SCOTLAND PLC
CompanyRankvs 53259+ SIC 86900 peers39
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
-£89k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£66k
Working capital
Current Assets
£109k
Current Liabilities
£175k
Fixed Assets
£34k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.62 | +£20k |
| 2024 | 0.51 | +£41k |
| 2023 | 0.50 | +£12k |
| 2022 | 0.63 | +£3k |
| 2021 | 0.52 | +£32k |
| 2020 | 0.65 | -£12k |
| 2019 | 0.71 | — |
Derived from filed accounts. Not audited figures.