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Walstead Iberia Limited

06941642

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

18 WESTSIDE CENTRE LONDON ROAD, COLCHESTER, CO3 8PH
Incorporated 23/06/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Ms Debrah Harris

director · Since 22/06/2016

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 59

Mr Mark David Scanlon

director · Since 22/06/2016

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 15 other boards

Persons with Significant Control

Walstead Group Limited

75–100% shares
75–100% votes
Appoint directors

18 Westside Centre, London Road, Colchester, CO3 8PH

Reg: 09927306 · Registrar Of Companies · Private Limited Company

Notified 22/06/2016

Former PSCs

Walstead Finance Uk Limited

Ceased 22/04/2022

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/09/2015Registered 05/10/2015Satisfied 09/12/2021
Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 30/04/2015Registered 14/05/2015Satisfied 03/10/2019
Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 30/04/2015Registered 06/05/2015Satisfied 03/10/2019

CompanyRankvs 10579+ SIC 70100 peers
36

Financial strength2th percentile among SIC peers · 1/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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10579Walstead Iberia Limited
46
How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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

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 co

Key FinancialsYear ending 31/12/2024

Net Worth

-£1.0M

Balance sheet strength

Cash

£5k

Cash in the bank

Profit Before Tax

-£1.3M

Bottom line earnings

Net Current Assets

-£4.8M

Working capital

Current Assets

£5k

Current Liabilities

£4.8M

Admin Expenses

£1.3M

Operating Profit

-£1.3M

Profit After Tax

-£1.3M

4avg. employees

Tax at Year End

Corp tax£4k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£1.3M
20230.00—

Derived from filed accounts. Not audited figures.