Walstead Bicester Limited
06941589
Some Concerns
- Negative net worth (-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: 21/06/2025
Due 05/07/2026
Industry
Officers
director · Since 05/08/2024
FINANCE DIRECTOR
BRITISH · ENGLAND · Age 47
Also on 9 other boards
Persons with Significant Control
Walstead United Kingdom Limited
18 Westside Centre, London Road, Colchester, CO3 8PH
Reg: 06750402 · Registrar Of Companies · Private Limited
Notified 06/04/2016
Charges2 outstanding
CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)
CLOSE BROTHERS LIMITED
NATIONAL WESTMINSTER BANK PLC
TIME INC. (UK) LIMITED
TIME INC. (UK) LIMITED
CompanyRankvs 3983+ SIC 18129 peers27
Show leaderboard
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
applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; ∙ assess the Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and ∙ use the going concern basis of accounting unless they either intend to liquidate the Company or to cease operations, or
Key FinancialsYear ending 31/12/2024
Turnover
£41.9M
Annual revenue
Net Worth
-£12.8M
Balance sheet strength
Cash
£706k
Cash in the bank
Profit Before Tax
£1.5M
Bottom line earnings
Net Current Assets
-£23.1M
Working capital
Current Assets
£6.1M
Current Liabilities
£29.2M
Fixed Assets
£15.4M
Debtors
£431k
Cost of Sales
£33.8M
Gross Profit
£8.1M
Admin Expenses
£4.9M
Operating Profit
£2.3M
Profit After Tax
£2.9M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.21 | +£2.9M |
| 2023 | 0.19 | — |
Derived from filed accounts. Not audited figures.