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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-10-23 (in 5mo)

Last made up 2025-10-09

Watchouts

None on the register

Cash

£2M

-70.8% lowest in 3 filed years

Net assets

£8M

-42.3% lowest in 3 filed years

Employees

275

+14.6% highest in 3 filed years

Profit before tax

-£6M

+3.6% highest in 3 filed years

Accounts

3-year trend · latest reflected 2024-12-31

Metric Trend 2022-12-312023-12-312024-12-31
Turnover £66,445,000£92,974,000
Operating profit -£5,759,000-£4,500,000
Profit before tax -£6,743,000-£6,230,000-£6,007,000
Net profit -£6,593,000-£4,434,000-£5,503,000
Cash £2,151,000£7,006,000£2,047,000
Total assets less current liabilities £17,522,000£13,020,000£7,507,000
Net assets £17,444,000£13,010,000£7,507,000
Equity £17,444,000£13,010,000£7,507,000
Average employees 219240275
Wages £14,347,000£17,095,000£23,439,000

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2022-12-312023-12-312024-12-31
Operating margin -8.7%-4.8%
Net margin -6.7%-5.9%
Return on capital employed -44.2%-59.9%
Current ratio 1.15x0.97x
Interest cover -11.92x-2.99x

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)
Auditor
Deloitte LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Company is a subsidiary in the Manheim Global Management UK Limited Group ('MGMUK'). The Company is in a net current liabilities position at the year-end and not forecast to generate sufficient cash to cover its liabilities as reported. Therefore, the Company obtained a letter of support from MGMUK confirming the necessary funds will be made available for the Company to meet its liabilities as they fall due for at least 12 months from the date of signing its Annual report and financial statements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

2 active · 13 resigned

Name Role Appointed Born Nationality
FORBES, Martin Leigh Director 2020-03-04 Mar 1976 British
SHEIKH, Furrukh Mehmood, Mr Director 2024-07-01 Jul 1985 British
Show 13 resigned officers
Name Role Appointed Resigned
AVILA JR, Luis Angel Secretary 2023-01-30 2024-01-31
WALTON, Cecil Secretary 1997-08-18
WALTON, John Rees Secretary 2005-04-27 2020-03-04
WALTON, Olwen Mary Elizabeth Secretary 1997-09-15 2005-02-19
BOWSER, Mark Francis Director 2020-03-04 2021-03-29
CARSON, Ryan Reece Director 2021-03-29 2024-07-01
MORNIN, Darren Paul Director 2020-03-04 2023-06-28
WALTON, Cecil Director 1997-08-18
WALTON, David William Director 2020-03-04
WALTON, Elizabeth Director 2020-03-04
WALTON, John Rees Director 2020-03-04
WALTON, Olwen Mary Elizabeth Director 2005-02-19
WALTON, Peter Alfred Director 2020-03-04

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Bias2020 Limited Corporate entity Shares 75–100% 2020-03-04 Active
Bias 2020 Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2020-01-24 Ceased 2020-03-04
Project Herald Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2019-06-05 Ceased 2020-01-24

Filing timeline

Last 20 of 140 total filings

Date Type Category Description
2025-10-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-22 AA accounts Accounts with accounts type full PDF
2024-10-22 AA accounts Accounts with accounts type full PDF
2024-10-21 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-05 TM01 officers Termination director company with name termination date PDF
2024-09-05 AP01 officers Appoint person director company with name date PDF
2024-09-05 TM02 officers Termination secretary company with name termination date PDF
2023-10-24 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-09-26 AA accounts Accounts with accounts type full
2023-08-11 TM01 officers Termination director company with name termination date PDF
2023-05-31 AP03 officers Appoint person secretary company with name date PDF
2022-10-31 CS01 confirmation-statement Confirmation statement with no updates PDF
2022-10-31 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2022-10-07 AA accounts Accounts with accounts type full
2021-11-16 CS01 confirmation-statement Confirmation statement with updates PDF
2021-10-07 AA accounts Accounts with accounts type full
2021-04-28 TM01 officers Termination director company with name termination date PDF
2021-04-28 AP01 officers Appoint person director company with name date PDF
2020-11-06 AA01 accounts Change account reference date company current extended PDF
2020-10-09 CS01 confirmation-statement Confirmation statement with updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Year-on-year

FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers

Official Companies House page