W M WALSH SURFACING LIMITED
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Cash
£2.2m
+3.9% highest in 5 filed years
Net assets
£2.5m
+61.7% highest in 5 filed years
Employees
93
-5.1% vs 2024
Profit before tax
£1.8m
+12.1% highest in 3 filed years
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | £22,084,097 | £21,525,709 | £21,899,199 | +1.7% | |
| Operating profit | — | — | £927,350 | £1,579,319 | £1,776,263 | +12.5% | |
| Profit before tax | — | — | £888,142 | £1,577,158 | £1,767,737 | +12.1% | |
| Net profit | — | — | £658,504 | £1,181,005 | £1,307,182 | +10.7% | |
| Cash | £597,666 | £443,292 | £973,049 | £2,101,694 | £2,184,047 | +3.9% | |
| Total assets less current liabilities | £1,410,818 | £1,397,267 | £936,797 | £1,956,870 | £3,505,582 | +79.1% | |
| Net assets | £1,249,606 | £1,125,587 | £646,240 | £1,552,245 | £2,509,427 | +61.7% | |
| Equity | £1,249,606 | £1,125,587 | £646,240 | £1,552,245 | £2,509,427 | +61.7% | |
| Average employees | 63 | 126 | 109 | 98 | 93 | -5.1% | |
| Wages | — | — | £4,949,035 | £4,529,138 | £4,502,455 | -0.6% | |
| Directors' remuneration | — | — | £343,834 | £286,427 | £426,432 | +48.9% | |
| Directors' pension contributions | £NaN | £NaN | £3,095 | £4,112 | £424,187 | +10,215.8% | |
| Highest paid director | £NaN | £NaN | £119,519 | £107,975 | £181,791 | +68.4% |
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 —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | — | — | 4.2% | 7.3% | 8.1% | |
| Net margin | — | — | 3.0% | 5.5% | 6.0% | |
| Return on capital employed | — | — | 99.0% | 80.7% | 50.7% | |
| Gearing (liabilities / total assets) | 54.5% | 66.1% | 82.0% | 68.8% | 56.7% | |
| Current ratio | — | — | 1.17x | 1.45x | 2.01x | |
| Interest cover | — | — | 18.46x | 56.32x | 28.14x |
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
- Affinia
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 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.”
Significant events
- “During the year, the company declared a dividend of £350,000 which was settled by set-off against the director's loan account. This transaction did not involve any cash flows and has therefore been excluded from the statement of cash flows.”
- “On 3 July 2026, the company declared a dividend of £600,000, which was used to clear the amount due from the directors. The dividend was not recognised as a liability at the reporting date as the obligation did not exist at that time.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| WALSH, Debra | Secretary | 2001-08-24 | — | English |
| LEWIS, Robert David | Director | 2017-11-23 | Aug 1976 | British |
| SHARP, Craig | Director | 2020-12-07 | Jun 1973 | British |
| WALSH, Debra | Director | 2001-08-24 | May 1963 | British |
| WALSH, Matthew James | Director | 2023-10-18 | Jun 1995 | British |
| WALSH, Wayne Michael | Director | 2001-08-24 | Sep 1964 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BOTTING, Catherine | Secretary | 2001-08-20 | 2001-08-24 |
| ABSALOM, Sarah | Director | 2001-08-20 | 2001-08-24 |
| DAVIS, Terry Joseph | Director | 2014-10-20 | 2018-07-09 |
| ISON, Alan | Director | 2014-10-20 | 2022-08-22 |
| ISON, Alan | Director | 2010-11-25 | 2013-05-15 |
| SHARP, Craig | Director | 2015-04-16 | 2018-06-04 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Wayne Michael Walsh | Individual | Shares 50–75%, Voting 50–75% | 2023-02-21 | Active |
| Mrs Debra Walsh | Individual | Shares 25–50%, Voting 25–50% | 2016-06-01 | Active |
Filing timeline
Last 20 of 91 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-10-27 MA Memorandum articles
- 2023-10-27 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-03 | AA | accounts | Accounts with accounts type full | |
| 2026-03-24 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-03-24 | CH01 | officers | Change person director company with change date | |
| 2026-03-03 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-03-03 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2026-03-03 | CH01 | officers | Change person director company with change date | |
| 2026-03-03 | CH01 | officers | Change person director company with change date | |
| 2025-08-26 | AA | accounts | Accounts with accounts type full | |
| 2025-04-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-25 | AA | accounts | Accounts with accounts type full | |
| 2024-06-11 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-03-07 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-11-20 | AA | accounts | Accounts with accounts type full | |
| 2023-10-27 | MA | incorporation | Memorandum articles | |
| 2023-10-27 | SH01 | capital | Capital allotment shares | |
| 2023-10-27 | RESOLUTIONS | resolution | Resolution | |
| 2023-10-27 | SH08 | capital | Capital name of class of shares | |
| 2023-10-27 | SH02 | capital | Capital alter shares subdivision | |
| 2023-10-27 | SH01 | capital | Capital allotment shares | |
| 2023-10-19 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- 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.