WALSIN LIMITED
Get an alert when WALSIN LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£1.6M
Latest balance sheet
Net assets
£3.8M
Equity attributable
Employees
64
lowest in 3 filed years
Profit before tax
£1.2M
Period ending 2025-09-30
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-30
| Metric | Trend | 2022-03-31 | 2023-03-31 | 2024-09-30 | 2025-09-30 | Δ vs prior |
|---|---|---|---|---|---|---|
| Turnover | £16,519,857 | £25,943,279 | £35,737,361 | £16,873,104 | — | |
| Operating profit | £65,512 | £461,721 | -£938,961 | £1,237,378 | — | |
| Profit before tax | £3,930 | £341,803 | -£1,099,258 | £1,197,179 | — | |
| Net profit | £149,230 | £387,437 | -£930,281 | £1,008,269 | — | |
| Cash | £1,626,552 | £330,025 | £1,134,763 | £1,610,855 | — | |
| Total assets less current liabilities | £4,669,628 | £4,513,242 | £2,923,777 | £4,002,657 | — | |
| Net assets | £3,729,806 | £3,926,501 | £2,805,478 | £3,813,747 | — | |
| Equity | £3,729,806 | £3,926,501 | £2,805,478 | £3,813,747 | — | |
| Average employees | — | 80 | 91 | 64 | — | |
| Wages | £2,480,619 | £4,131,539 | £6,378,398 | £3,028,471 | — | |
| Directors' remuneration | £103,997 | £50,295 | £128,784 | £198,726 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing covers about 12 months versus 18 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2022-03-31 | 2023-03-31 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|---|
| Operating margin | 0.4% | 1.8% | -2.6% | 7.3% | |
| Net margin | 0.9% | 1.5% | -2.6% | 6.0% | |
| Return on capital employed | 1.4% | 10.2% | -32.1% | 30.9% | |
| Gearing (liabilities / total assets) | — | 63.0% | 61.2% | 48.3% | |
| Current ratio | — | 1.40x | 1.27x | 1.77x | |
| Interest cover | 1.06x | 6.08x | -5.77x | 23.43x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Moore (N.I.) LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, 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.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WALKER, Neil | Secretary | 1994-03-31 | — | British |
| SINCLAIR, Ian David | Director | 1994-03-31 | Oct 1965 | British |
| WALKER, Neil | Director | 1994-03-31 | Aug 1965 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CARRUTHERS, Anita | Director | 2002-04-06 | 2010-03-31 |
| CARTMILL, Gilbert | Director | 2004-05-01 | 2009-05-21 |
| GODFREY, Alan | Director | 2008-04-01 | 2009-11-25 |
| STEPHENSON, Patrick | Director | 2001-04-06 | 2004-03-31 |
| STEPHENSON, Thomas Derek | Director | 2002-04-06 | 2004-05-01 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Walsin Group Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2024-09-12 | Active |
| Mr Ian David Sinclair | Individual | Shares 25–50% | 2016-04-06 | Ceased 2024-09-12 |
| Mr Neil Walker | Individual | Shares 25–50% | 2016-04-06 | Ceased 2024-09-12 |
Filing timeline
Last 20 of 109 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-06-25 | AA | accounts | Accounts with accounts type full | |
| 2026-03-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-09-30 | AA | accounts | Accounts with accounts type full | |
| 2025-04-25 | CH01 | officers | Change person director company with change date | |
| 2025-04-25 | CH01 | officers | Change person director company with change date | |
| 2025-04-25 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-04-25 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-04-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-12-12 | AA01 | accounts | Change account reference date company previous extended | |
| 2024-09-23 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-03-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-12-29 | AA | accounts | Accounts with accounts type medium | |
| 2023-04-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-14 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-04-05 | AA | accounts | Accounts with accounts type full | |
| 2022-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-11 | AA | accounts | Accounts with accounts type full | |
| 2021-06-30 | CH01 | officers | Change person director company with change date | |
| 2021-06-30 | CH01 | officers | Change person director company with change date | |
| 2021-04-06 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.