WALKER TIMBER LIMITED
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Cash
£6.4M
+35% vs 2023
Net assets
£9.6M
+5.5% vs 2023
Employees
113
-1.7% vs 2023
Profit before tax
£664K
-56.3% vs 2023
Net assets
2-year trend · vs Basic Materials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £19,961,689 | £18,576,449 | -6.9% | |
| Operating profit | £1,520,096 | £664,083 | -56.3% | |
| Profit before tax | £1,520,096 | £664,030 | -56.3% | |
| Net profit | £1,328,196 | £499,898 | -62.4% | |
| Cash | £4,733,432 | £6,390,799 | +35% | |
| Total assets less current liabilities | £9,148,436 | £9,660,663 | +5.6% | |
| Net assets | £9,070,765 | £9,570,663 | +5.5% | |
| Equity | £9,070,765 | £9,570,663 | +5.5% | |
| Average employees | 115 | 113 | -1.7% | |
| Wages | £3,241,977 | £3,436,037 | +6% | |
| Directors' remuneration | — | — | — |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 7.6% | 3.6% | |
| Net margin | 6.7% | 2.7% | |
| Return on capital employed | 16.6% | 6.9% | |
| Current ratio | 1.61x | 1.70x |
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
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which the directors believe to be appropriate for the following reasons. At the year end, the company had net assets of £9,626,453 and net current assets of £4,409,670. It manages its day to day and medium-term funding requirements through cash balances. These balances are forecast to provide sufficient liquidity to finance seasonal cash flows in the ordinary course of business. The directors have also received confirmation from a fellow group company that they will not seek repayment of amounts repayable to them for at least the next 12 months. The directors have assessed the ability of the fellow group company to provide this confirmation, including reviewing the fellow group company's own forecasts, and note no issues around the ability or intent of the fellow group company to do so. The directors have prepared projected cash flow forecasts for the twelve months from the date of approval of these financial statements. Based on these cash flows, and the factors noted above, the directors believe that the company has sufficient resources to enable the company to continue to meet its financial obligations as they fall due during the next 12 months. Consequently, the directors are confident that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.”
Significant events
- “Miller Homes plans to source the majority of the timber frames required for its Scotland Division from Walker Timber over the next few years. In addition, Walker Timber will provide Miller Homes with options around the roll-out of timber frame housing in England, and will support Miller Homes' commitment to improving its sustainability credentials.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GIBSON, Graeme Kenneth | Director | 2026-04-01 | Jul 1982 | British |
| JOHNSON, Brian | Director | 2025-05-28 | Apr 1972 | British |
| LYNES, Stewart Alan | Director | 2021-12-01 | Jul 1978 | British |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| FAIRFOULL, David Andrew | Secretary | — | 2021-12-01 |
| ALEXANDER, James Wilson | Director | 2016-04-01 | 2021-12-01 |
| BALDWIN, Richard | Director | 2016-04-01 | 2021-12-01 |
| BROWN, Philip | Director | — | 1996-07-31 |
| CAMPBELL, John Charles | Director | — | 2021-12-01 |
| FAIRFOULL, David Andrew | Director | 1989-04-01 | 2021-12-01 |
| FLEMING, David Provan | Director | 2007-05-07 | 2021-06-30 |
| GRANT, Charles | Director | — | 2006-03-31 |
| JACKSON, Julie Mansfield | Director | 2021-12-01 | 2026-01-31 |
| LATTO, Stuart Robson | Director | 2014-03-28 | 2016-12-31 |
| MCGRATH, David Thomas | Director | 2022-12-21 | 2025-05-28 |
| MITCHELL, Stephen Charles | Director | 2014-03-28 | 2021-12-01 |
| MURDOCH, Ian | Director | 2021-12-01 | 2026-04-01 |
| THOMSON, Peter | Director | 2021-12-01 | 2022-11-30 |
| WALKER, Michael James | Director | — | 2012-11-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Miller Homes Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2021-12-01 | Active |
| Walker Timber Group Ltd | Corporate entity | Shares 75–100% | 2016-04-06 | Ceased 2021-12-01 |
Filing timeline
Last 20 of 134 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-12-06 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-07 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-07 | TM01 | officers | Termination director company with name termination date | |
| 2026-02-03 | TM01 | officers | Termination director company with name termination date | |
| 2025-10-13 | AA | accounts | Accounts with accounts type full | |
| 2025-07-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-11 | AP01 | officers | Appoint person director company with name date | |
| 2025-06-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-08 | AA | accounts | Accounts with accounts type full | |
| 2024-06-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-25 | CH01 | officers | Change person director company with change date | |
| 2023-12-22 | AA | accounts | Accounts with accounts type full | |
| 2023-07-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-30 | AA01 | accounts | Change account reference date company previous shortened | |
| 2022-12-28 | AA | accounts | Accounts with accounts type full | |
| 2022-12-22 | AP01 | officers | Appoint person director company with name date | |
| 2022-12-21 | TM01 | officers | Termination director company with name termination date | |
| 2022-07-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-01-17 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-01-17 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-12-06 | MA | incorporation | Memorandum articles |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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.