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Walker Subsea Engineering Ltd

07632755

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

43 CONISCLIFFE ROAD, DARLINGTON, DL3 7EH
Incorporated 12/05/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Vahid Walker

director · Since 12/05/2011

MECHANICAL ENGINEER

BRITISH · UNITED KINGDOM · Age 44

Also on 2 other boards

Mrs Ashleigh Walker

director · Since 01/06/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 1 other board

Persons with Significant Control

Mrs Ashleigh Walker

25–50% shares
25–50% votes

British · England · Age 43

43 Coniscliffe Road, Darlington, DL3 7EH

Notified 30/06/2016

Mr Vahid Walker

25–50% shares
25–50% votes

British · United Kingdom · Age 44

43 Coniscliffe Road, Darlington, DL3 7EH

Notified 30/06/2016

CompanyRankvs 892+ SIC 71129 peers
84

Financial strength81th percentile among SIC peers · 20/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.17× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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892Walker Subsea Engineering Ltd
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How is this score calculated?
Financial strength20/25 pts

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

Employees14/15 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.

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

£64k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£65k

Working capital

Current Assets

£121k

Current Liabilities

£56k

Fixed Assets

£484

Debtors

£116k

5avg. employees

Balance Sheet

Assets less current liabilities£65k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.17+£17k
20242.40-£26k
20233.19-£4k
20223.32-£32k
20214.77+£96k
20201.35+£2k
20191.28—

Derived from filed accounts. Not audited figures.