Walstead Iberia Limited
06941642
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 12/12/2025
Due 26/12/2026
Industry
Officers
director · Since 22/06/2016
DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 15 other boards
Mr Ian Southerland
director · Since 20/07/2026
BRITISH · ENGLAND · Age 47
Persons with Significant Control
Walstead Group Limited
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
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 10379+ SIC 70100 peers36
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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.
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
Tax at Year End
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | -£1.3M |
| 2023 | 0.00 | — |
Derived from filed accounts. Not audited figures.