WALTER WATSON LIMITED

1. WALTER WATSON LIMITED 2000-01-01 → present
2. WALTER WATSON & CO. LIMITED 1975-06-23 → 2000-01-01

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

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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

MB McGrady & Co

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors are confident that the group and company has adequate resources to continue its normal business for the foreseeable future, for at least 12 months from the date of signing the financial statements, and accordingly they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. WALTER WATSON LIMITED · parent
   1. Walter Watson Engineering (Ireland) Limited 100% · Republic of Ireland · Steel manufacturer

Significant events

• “The group is committed to reducing carbon emissions through operational and technological improvements.”
• “Investment in the group's core businesses continued in 2024, and the capital investment program continues to modernise the premises, plant, and machinery assets.”

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

Filings

3

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.

• Turnover

  -24.6%

  £77,766,430 → £58,632,858

• Cash

  -10.6%

  £24,713,485 → £22,089,465

• Net assets

  +10.7%

  £53,517,217 → £59,217,555

• Employees

  -0.9%

  224 → 222

• Operating profit

  -25.2%

  £9,059,283 → £6,774,842

• Profit before tax

  -19%

  £9,465,807 → £7,671,188

• Wages

  -0.4%

  £7,906,088 → £7,875,943

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers