wallfast limited
wallfast limited Company Information
Company Number
01947993
Next Accounts
Oct 2025
Shareholders
julian parris
steven mullineaux
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Registered Address
unit 3.5 kirpal road, portsmouth, hampshire, PO3 6FH
Website
www.wallfast.co.ukwallfast limited Estimated Valuation
Pomanda estimates the enterprise value of WALLFAST LIMITED at £52k based on a Turnover of £176.1k and 0.3x industry multiple (adjusted for size and gross margin).
wallfast limited Estimated Valuation
Pomanda estimates the enterprise value of WALLFAST LIMITED at £0 based on an EBITDA of £-43k and a 2.95x industry multiple (adjusted for size and gross margin).
wallfast limited Estimated Valuation
Pomanda estimates the enterprise value of WALLFAST LIMITED at £57.8k based on Net Assets of £27.1k and 2.13x industry multiple (adjusted for liquidity).
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Wallfast Limited Overview
Wallfast Limited is a live company located in hampshire, PO3 6FH with a Companies House number of 01947993. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in September 1985, it's largest shareholder is julian parris with a 50% stake. Wallfast Limited is a mature, micro sized company, Pomanda has estimated its turnover at £176.1k with declining growth in recent years.
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Wallfast Limited Health Check
Pomanda's financial health check has awarded Wallfast Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £176.1k, make it smaller than the average company (£6.7m)
- Wallfast Limited
£6.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (10.2%)
- Wallfast Limited
10.2% - Industry AVG
Production
with a gross margin of 14.5%, this company has a higher cost of product (25%)
- Wallfast Limited
25% - Industry AVG
Profitability
an operating margin of -24.4% make it less profitable than the average company (6.4%)
- Wallfast Limited
6.4% - Industry AVG
Employees
with 3 employees, this is below the industry average (29)
3 - Wallfast Limited
29 - Industry AVG
Pay Structure
on an average salary of £48.1k, the company has an equivalent pay structure (£48.1k)
- Wallfast Limited
£48.1k - Industry AVG
Efficiency
resulting in sales per employee of £58.7k, this is less efficient (£195.6k)
- Wallfast Limited
£195.6k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (55 days)
- Wallfast Limited
55 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is slower than average (36 days)
- Wallfast Limited
36 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Wallfast Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Wallfast Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.6%, this is a lower level of debt than the average (60.3%)
42.6% - Wallfast Limited
60.3% - Industry AVG
WALLFAST LIMITED financials
Wallfast Limited's latest turnover from January 2024 is estimated at £176.1 thousand and the company has net assets of £27.1 thousand. According to their latest financial statements, Wallfast Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 171,916 | 195,127 | |||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 17,668 | 45,994 | |||||||||||||
| Tax | -3,760 | -8,879 | |||||||||||||
| Profit After Tax | 13,908 | 37,115 | |||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 13,908 | 37,115 | |||||||||||||
| Employee Costs | 39,596 | 47,030 | |||||||||||||
| Number Of Employees | 3 | 3 | 2 | 2 | 3 | 3 | 1 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 6,236 | 6,851 | 7,364 | 8,318 | 7,659 | 9,804 | 10,868 | 10,992 | 11,632 | 9,595 | 16,125 | 17,552 | 20,043 | 14,702 | 14,808 |
| Intangible Assets | 1,259 | 1,336 | 1,960 | 2,584 | 3,208 | 1,377 | 1,809 | 2,281 | |||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 6,236 | 6,851 | 7,364 | 8,318 | 8,918 | 9,804 | 10,868 | 10,992 | 12,968 | 11,555 | 18,709 | 20,760 | 21,420 | 16,511 | 17,089 |
| Stock & work in progress | 10,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | 10,500 | |||||||
| Trade Debtors | 37,732 | 71,347 | 88,216 | 67,520 | 19,429 | 109,215 | 68,247 | 93,946 | 50,319 | 35,858 | 37,430 | 31,838 | 33,001 | 51,460 | 32,899 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 3,302 | 3,733 | 3,352 | 3,328 | 2,609 | ||||||||||
| Cash | 14,717 | 2,100 | 50,856 | 38,241 | 18,564 | 24,772 | 40,372 | 23,458 | 47,697 | ||||||
| misc current assets | 4,334 | 2,499 | 2,081 | ||||||||||||
| total current assets | 41,034 | 75,080 | 91,568 | 70,848 | 51,089 | 111,714 | 70,328 | 96,046 | 116,175 | 89,099 | 70,994 | 71,610 | 88,373 | 89,918 | 91,096 |
| total assets | 47,270 | 81,931 | 98,932 | 79,166 | 60,007 | 121,518 | 81,196 | 107,038 | 129,143 | 100,654 | 89,703 | 92,370 | 109,793 | 106,429 | 108,185 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 18,705 | 10,802 | 26,350 | 14,584 | 4,591 | 35,323 | 10,878 | 23,688 | 38,201 | 27,947 | 19,932 | 21,427 | 28,841 | 34,208 | 37,925 |
| Group/Directors Accounts | 2,554 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 6,239 | ||||||||||||||
| total current liabilities | 18,705 | 10,802 | 26,350 | 14,584 | 13,384 | 35,323 | 10,878 | 23,688 | 38,201 | 27,947 | 19,932 | 21,427 | 28,841 | 34,208 | 37,925 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | 1,445 | 1,020 | 1,020 | 985 | 985 | 985 | 1,500 | ||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 1,445 | 1,020 | 1,020 | 985 | 985 | 985 | 1,500 | ||||||||
| total liabilities | 20,150 | 11,822 | 27,370 | 15,569 | 13,384 | 36,308 | 11,863 | 25,188 | 38,201 | 27,947 | 19,932 | 21,427 | 28,841 | 34,208 | 37,925 |
| net assets | 27,120 | 70,109 | 71,562 | 63,597 | 46,623 | 85,210 | 69,333 | 81,850 | 90,942 | 72,707 | 69,771 | 70,943 | 80,952 | 72,221 | 70,260 |
| total shareholders funds | 27,120 | 70,109 | 71,562 | 63,597 | 46,623 | 85,210 | 69,333 | 81,850 | 90,942 | 72,707 | 69,771 | 70,943 | 80,952 | 72,221 | 70,260 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 574 | 1,712 | 1,231 | 1,724 | 2,492 | 3,201 | 1,514 | 1,609 | |||||||
| Amortisation | 243 | 624 | 624 | 624 | 309 | 432 | 471 | 471 | |||||||
| Tax | -3,760 | -8,879 | |||||||||||||
| Stock | -10,000 | 10,000 | -15,000 | 4,500 | 10,500 | ||||||||||
| Debtors | -34,046 | -16,488 | 20,720 | 48,810 | -87,177 | 40,968 | -25,699 | 43,627 | 14,461 | -1,572 | 5,592 | -1,163 | -18,459 | 18,561 | 32,899 |
| Creditors | 7,903 | -15,548 | 11,766 | 9,993 | -30,732 | 24,445 | -12,810 | -14,513 | 10,254 | 8,015 | -1,495 | -7,414 | -5,367 | -3,717 | 37,925 |
| Accruals and Deferred Income | 425 | 35 | -5,254 | 5,254 | -515 | 1,500 | |||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -2,554 | 2,554 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | -23,000 | -18,880 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -14,717 | 14,717 | -2,100 | -48,756 | 12,615 | 19,677 | -6,208 | -15,600 | 16,914 | -24,239 | 47,697 | ||||
| overdraft | |||||||||||||||
| change in cash | -14,717 | 14,717 | -2,100 | -48,756 | 12,615 | 19,677 | -6,208 | -15,600 | 16,914 | -24,239 | 47,697 |
wallfast limited Credit Report and Business Information
Wallfast Limited Competitor Analysis
Perform a competitor analysis for wallfast limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in PO3 area or any other competitors across 12 key performance metrics.
wallfast limited Ownership
WALLFAST LIMITED group structure
Wallfast Limited has no subsidiary companies.
Ultimate parent company
WALLFAST LIMITED
01947993
wallfast limited directors
Wallfast Limited currently has 2 directors. The longest serving directors include Mr Julian Parris (Nov 1991) and Mr Steven Mullineaux (Mar 1992).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Julian Parris | United Kingdom | 63 years | Nov 1991 | - | Director |
| Mr Steven Mullineaux | 64 years | Mar 1992 | - | Director |
P&L
January 2024turnover
176.1k
-19%
operating profit
-43k
0%
gross margin
14.6%
+2.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
27.1k
-0.61%
total assets
47.3k
-0.42%
cash
0
0%
net assets
Total assets minus all liabilities
wallfast limited company details
company number
01947993
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
September 1985
age
40
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
solcot limited (October 1985)
accountant
-
auditor
-
address
unit 3.5 kirpal road, portsmouth, hampshire, PO3 6FH
Bank
-
Legal Advisor
-
wallfast limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to wallfast limited.
wallfast limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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wallfast limited Companies House Filings - See Documents
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