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Walters Trading Company Limited

05589778

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

SUDBURY SILK MILLS, CORNARD ROAD, SUFFOLK, CO10 2XB
Incorporated 11/10/2005

Compliance

Last accounts

31/03/2025

small

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 11/10/2025

Due 25/10/2026

On track

Industry

46410
Wholesale of textiles

Officers

Mr David John Walters

director · Since 11/10/2005

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 84

Also on 12 other boards

Mr Julius David Benedict Walters

director · Since 11/10/2005

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 12 other boards

Mrs Tracey Louise Goldsmith

secretary · Since 01/11/2023

Persons with Significant Control

Mr Julius David Benedict Walters

Significant control

British · United Kingdom · Age 55

Sudbury Silk Mills, Cornard Road, Suffolk, CO10 2XB

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

LLOYDS TSB BANK PLC

Created 16/08/2007Registered 22/08/2007

CompanyRankvs 251+ SIC 46410 peers
61

Financial strength84th percentile among SIC peers · 21/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 8.94× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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251Walters Trading Company Limited
81
How is this score calculated?
Financial strength21/25 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.

Liquidity20/20 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

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

net asset position and continued support from the group where cash reserves remain strong. Current economic conditions do not cast significant doubt on the ability of the company to continue as a going concern. Profit and loss forecasts for the coming 12 months indicate a continued profitability and based on this, along with positive cash forecasts and a focus across the organisation on cost c

Key FinancialsYear ending 31/03/2023

Net Worth

£128k

Balance sheet strength

Cash

£141k

Cash in the bank

Net Current Assets

£128k

Working capital

Current Assets

£144k

Current Liabilities

£16k

Debtors

£1k

2avg. employees

Tax at Year End

Corp tax£4k

Balance Sheet

Assets less current liabilities£128k
Prepared with Caseware UK (AP4) 2022.0.179

EstimatesDerived

YearCurrent Ratio
20238.94

Derived from filed accounts. Not audited figures.