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Walters & Sons Electrical Contractors Ltd

13268244

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

SHADWELL HOUSE 65 LOWER GREEN ROAD, TUNBRIDGE WELLS, TN4 8TW
Incorporated 15/03/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Marc Walters

director · Since 15/03/2021

ELECTRICIAN

BRITISH · ENGLAND · Age 55

Mr Matthew Walters

director · Since 15/03/2021

ELECTRICIAN

BRITISH · ENGLAND · Age 28

Persons with Significant Control

Mr Marc Walters

25–50% shares
25–50% votes
Appoint directors

British · England · Age 55

Shadwell House, 65 Lower Green Road, Tunbridge Wells, TN4 8TW

Notified 15/03/2021

Mr Matthew Walters

25–50% shares
25–50% votes

British · England · Age 28

Shadwell House, 65 Lower Green Road, Tunbridge Wells, TN4 8TW

Notified 15/03/2021

Former PSCs

Mr Jamie Walters

Ceased 25/03/2024

CompanyRankvs 31865+ SIC 43210 peers
43

Financial strength30th percentile among SIC peers · 8/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength8/25 pts

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

Employees8/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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

£184

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£50k

Current Liabilities

£65k

Fixed Assets

£34k

Debtors

£47k

Profit After Tax

£57k

2avg. employees-1

Tax at Year End

Corp tax£21k
Dividends paid£63k

Balance Sheet

Assets less current liabilities£20k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.78—
20240.81-£15k
20231.28—

Derived from filed accounts. Not audited figures.