walker group (scotland) limited
walker group (scotland) limited Company Information
Company Number
SC046566
Next Accounts
Feb 2026
Shareholders
walker holdings (scotland) limited
Group Structure
View All
Industry
Construction of commercial buildings
+1Registered Address
alexander fleming house, 8 southfield drive, elgin, morayshire, IV30 6GR
Website
www.walkergroup.co.ukwalker group (scotland) limited Estimated Valuation
Pomanda estimates the enterprise value of WALKER GROUP (SCOTLAND) LIMITED at £11.8m based on a Turnover of £16.2m and 0.73x industry multiple (adjusted for size and gross margin).
walker group (scotland) limited Estimated Valuation
Pomanda estimates the enterprise value of WALKER GROUP (SCOTLAND) LIMITED at £23.4m based on an EBITDA of £3.5m and a 6.6x industry multiple (adjusted for size and gross margin).
walker group (scotland) limited Estimated Valuation
Pomanda estimates the enterprise value of WALKER GROUP (SCOTLAND) LIMITED at £63.1m based on Net Assets of £43m and 1.47x industry multiple (adjusted for liquidity).
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Walker Group (scotland) Limited Overview
Walker Group (scotland) Limited is a live company located in elgin, IV30 6GR with a Companies House number of SC046566. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in May 1969, it's largest shareholder is walker holdings (scotland) limited with a 100% stake. Walker Group (scotland) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £16.2m with declining growth in recent years.
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Walker Group (scotland) Limited Health Check
Pomanda's financial health check has awarded Walker Group (Scotland) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 3 areas for improvement. Company Health Check FAQs
7 Strong
2 Regular
3 Weak
Size
annual sales of £16.2m, make it larger than the average company (£5.4m)
£16.2m - Walker Group (scotland) Limited
£5.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (10%)
-28% - Walker Group (scotland) Limited
10% - Industry AVG
Production
with a gross margin of 34.2%, this company has a lower cost of product (18.5%)
34.2% - Walker Group (scotland) Limited
18.5% - Industry AVG
Profitability
an operating margin of 21.9% make it more profitable than the average company (4.7%)
21.9% - Walker Group (scotland) Limited
4.7% - Industry AVG
Employees
with 30 employees, this is above the industry average (15)
30 - Walker Group (scotland) Limited
15 - Industry AVG
Pay Structure
on an average salary of £59.7k, the company has a higher pay structure (£48.6k)
£59.7k - Walker Group (scotland) Limited
£48.6k - Industry AVG
Efficiency
resulting in sales per employee of £539.5k, this is more efficient (£253.7k)
£539.5k - Walker Group (scotland) Limited
£253.7k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (36 days)
0 days - Walker Group (scotland) Limited
36 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is close to average (35 days)
36 days - Walker Group (scotland) Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 304 days, this is more than average (146 days)
304 days - Walker Group (scotland) Limited
146 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is average cash available to meet short term requirements (18 weeks)
17 weeks - Walker Group (scotland) Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 37.9%, this is a lower level of debt than the average (68.3%)
37.9% - Walker Group (scotland) Limited
68.3% - Industry AVG
WALKER GROUP (SCOTLAND) LIMITED financials
Walker Group (Scotland) Limited's latest turnover from May 2024 is £16.2 million and the company has net assets of £43 million. According to their latest financial statements, Walker Group (Scotland) Limited has 30 employees and maintains cash reserves of £8.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 16,185,948 | 26,841,580 | 34,214,668 | 42,769,076 | 30,383,602 | 29,527,325 | 42,700,255 | 34,229,689 | 37,693,571 | 29,176,715 | 24,158,000 | 17,649,000 | 22,881,000 | 14,232,000 | 18,026,000 | 16,636,000 |
| Other Income Or Grants | ||||||||||||||||
| Cost Of Sales | 10,656,050 | 19,975,866 | 24,395,549 | 29,629,526 | 21,722,519 | 19,907,159 | 29,879,508 | 22,224,653 | 24,987,645 | 20,731,524 | 17,395,000 | 13,004,000 | 18,206,000 | 10,914,000 | 13,219,000 | 13,162,000 |
| Gross Profit | 5,529,898 | 6,865,714 | 9,819,119 | 13,139,550 | 8,661,083 | 9,620,166 | 12,820,747 | 12,005,036 | 12,705,926 | 8,445,191 | 6,763,000 | 4,645,000 | 4,675,000 | 3,318,000 | 4,807,000 | 3,474,000 |
| Admin Expenses | 1,981,494 | 1,885,409 | 1,371,140 | 1,933,804 | 2,243,503 | 5,141,380 | 4,172,919 | 4,126,366 | 4,491,183 | 3,466,030 | 2,910,000 | 2,375,000 | 2,737,000 | 3,456,000 | 7,357,000 | 2,812,000 |
| Operating Profit | 3,548,404 | 4,980,305 | 8,447,979 | 11,205,746 | 6,417,580 | 4,478,786 | 8,647,828 | 7,878,670 | 8,214,743 | 4,979,161 | 3,853,000 | 2,270,000 | 1,938,000 | -138,000 | -2,550,000 | 662,000 |
| Interest Payable | 8,300 | 7,955 | 64,400 | 5,209 | 1 | 1,795 | 48,257 | 32,910 | 51,000 | 14,000 | 24,000 | 184,000 | 31,000 | 500,000 | ||
| Interest Receivable | 23,352 | 442 | 411 | 565 | 6,608 | 111,859 | 301,843 | 502,171 | 475,332 | 416,991 | 332,000 | 471,000 | 473,000 | 348,000 | 252,000 | 935,000 |
| Pre-Tax Profit | 3,571,756 | 4,972,447 | 8,440,435 | 11,141,911 | 6,418,979 | 4,590,645 | 8,949,670 | 8,379,046 | 8,641,818 | 5,363,242 | 4,134,000 | 2,727,000 | 2,387,000 | 26,000 | -2,329,000 | 1,097,000 |
| Tax | -268,943 | -1,436,375 | -1,627,771 | -2,099,116 | -1,219,862 | -871,521 | -1,701,405 | -1,642,252 | -1,730,518 | -1,105,642 | -901,000 | -646,000 | -610,000 | -26,000 | 633,000 | -361,000 |
| Profit After Tax | 3,302,813 | 3,536,072 | 6,812,664 | 9,042,795 | 5,199,117 | 3,719,124 | 7,248,265 | 6,736,794 | 6,911,300 | 4,257,600 | 3,233,000 | 2,081,000 | 1,777,000 | -1,696,000 | 736,000 | |
| Dividends Paid | 3,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | ||||||||||||
| Retained Profit | 3,302,813 | 3,536,072 | 6,812,664 | 9,042,795 | 5,199,117 | 719,124 | -2,751,735 | -3,263,206 | -3,088,700 | 4,257,600 | 3,233,000 | 2,081,000 | 1,777,000 | -1,696,000 | 736,000 | |
| Employee Costs | 1,790,956 | 2,365,531 | 1,753,823 | 2,451,602 | 4,729,213 | 5,439,733 | 5,247,003 | 4,818,682 | 5,278,807 | 3,779,440 | 3,344,000 | 2,913,000 | 2,954,000 | 3,403,000 | 7,262,000 | 2,620,000 |
| Number Of Employees | 30 | 44 | 45 | 50 | 62 | 53 | 60 | 55 | 51 | 51 | 47 | 44 | 44 | 43 | 43 | 50 |
| EBITDA* | 3,549,128 | 4,981,548 | 8,482,000 | 11,325,175 | 6,520,357 | 4,577,160 | 8,817,209 | 8,023,744 | 8,339,725 | 5,068,791 | 3,922,000 | 2,338,000 | 2,009,000 | -62,000 | -2,472,000 | 764,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,405 | 2,129 | 1,543 | 143,028 | 280,859 | 156,239 | 239,379 | 283,685 | 311,639 | 293,209 | 125,000 | 138,000 | 157,000 | 170,000 | 131,000 | 155,000 |
| Intangible Assets | ||||||||||||||||
| Investments & Other | 6,977 | 27,207 | 46,246 | 90,061 | 17,600 | 17,600 | 17,600 | 17,600 | 18,000 | 18,000 | 18,000 | 18,000 | 18,000 | 18,000 | ||
| Debtors (Due After 1 year) | 1,585,770 | 1,789,201 | 1,967,619 | 2,125,734 | 3,775,000 | 4,172,000 | 3,777,000 | 3,836,000 | 1,726,000 | 474,000 | ||||||
| Total Fixed Assets | 1,405 | 2,129 | 8,520 | 170,235 | 327,105 | 246,300 | 1,842,749 | 2,090,486 | 2,296,858 | 2,436,543 | 3,918,000 | 4,328,000 | 3,952,000 | 4,024,000 | 1,875,000 | 647,000 |
| Stock & work in progress | 8,895,004 | 9,331,654 | 6,275,802 | 6,505,836 | 12,896,351 | 14,258,765 | 17,630,264 | 22,120,454 | 20,386,201 | 17,272,278 | 14,401,000 | 15,505,000 | 13,297,000 | 18,250,000 | 17,674,000 | 19,734,000 |
| Trade Debtors | 10,418 | 290,078 | 57,770 | 49,522 | 96,711 | 55,783 | 15,768 | 207,127 | 61,081 | 4,431 | 58,000 | 77,000 | 48,000 | 98,000 | 113,000 | 34,000 |
| Group Debtors | 50,665,664 | 41,840,765 | 39,447,179 | 22,821,192 | 10,278,544 | 7,300,002 | 278,560 | 4,161,809 | 610,000 | 997,000 | 1,452,000 | 671,000 | 2,693,000 | 3,082,000 | ||
| Misc Debtors | 1,093,865 | 49,124 | 42,520 | 3,133,657 | 400,584 | 535,232 | 349,273 | 315,928 | 199,875 | 228,505 | 204,000 | 358,000 | 3,042,000 | 1,963,000 | 768,000 | 642,000 |
| Cash | 8,581,274 | 1,256,031 | 4,084,418 | 9,390,531 | 263,483 | 1,063,799 | 36,657,304 | 29,526,835 | 32,661,395 | 28,240,641 | 30,184,000 | 22,011,000 | 20,031,000 | 16,255,000 | 19,299,000 | 17,106,000 |
| misc current assets | ||||||||||||||||
| total current assets | 69,246,225 | 52,767,652 | 49,907,689 | 41,900,738 | 23,935,673 | 23,213,581 | 54,652,609 | 52,170,344 | 53,587,112 | 49,907,664 | 45,457,000 | 38,948,000 | 37,870,000 | 37,237,000 | 40,547,000 | 40,598,000 |
| total assets | 69,247,630 | 52,769,781 | 49,916,209 | 42,070,973 | 24,262,778 | 23,459,881 | 56,495,358 | 54,260,830 | 55,883,970 | 52,344,207 | 49,375,000 | 43,276,000 | 41,822,000 | 41,261,000 | 42,422,000 | 41,245,000 |
| Bank overdraft | ||||||||||||||||
| Bank loan | ||||||||||||||||
| Trade Creditors | 1,056,206 | 1,306,348 | 4,329,025 | 2,467,621 | 830,362 | 2,758,945 | 2,561,920 | 2,294,918 | 2,920,830 | 1,878,659 | 1,750,000 | 1,425,000 | 1,573,000 | 1,477,000 | 1,622,000 | 1,285,000 |
| Group/Directors Accounts | 23,024,736 | 10,458,112 | 8,118,822 | 5,077,843 | 499,325 | 1,031,418 | 34,829,466 | 30,660,325 | 28,706,607 | 24,455,632 | 26,114,000 | 24,150,000 | 24,482,000 | 24,914,000 | 24,912,000 | 22,737,000 |
| other short term finances | ||||||||||||||||
| hp & lease commitments | 24,027 | 44,427 | 40,000 | 34,000 | 29,000 | 52,000 | 35,000 | |||||||||
| other current liabilities | 1,372,172 | 877,226 | 1,293,898 | 4,749,639 | 2,384,084 | 4,564,630 | 4,654,208 | 4,048,088 | 3,676,226 | 2,325,194 | 2,084,000 | 1,444,000 | 1,536,000 | 2,353,000 | 3,375,000 | 2,960,000 |
| total current liabilities | 25,453,114 | 12,641,686 | 13,741,745 | 12,319,130 | 3,758,198 | 8,354,993 | 42,045,594 | 37,003,331 | 35,303,663 | 28,659,485 | 29,948,000 | 27,059,000 | 27,625,000 | 28,773,000 | 29,961,000 | 27,017,000 |
| loans | ||||||||||||||||
| hp & lease commitments | 155,043 | 200,575 | 25,000 | 59,000 | 41,000 | |||||||||||
| Accruals and Deferred Income | ||||||||||||||||
| other liabilities | 64,000 | 120,000 | 179,602 | 151,357 | 195,000 | 218,000 | 254,000 | 288,000 | 320,000 | 350,000 | ||||||
| provisions | 796,167 | 432,559 | 15,000 | 250,000 | 43,960 | |||||||||||
| total long term liabilities | 796,167 | 432,559 | 15,000 | 405,043 | 200,575 | 64,000 | 120,000 | 179,602 | 195,317 | 195,000 | 218,000 | 279,000 | 347,000 | 320,000 | 391,000 | |
| total liabilities | 26,249,281 | 13,074,245 | 13,756,745 | 12,724,173 | 3,958,773 | 8,354,993 | 42,109,594 | 37,123,331 | 35,483,265 | 28,854,802 | 30,143,000 | 27,277,000 | 27,904,000 | 29,120,000 | 30,281,000 | 27,408,000 |
| net assets | 42,998,349 | 39,695,536 | 36,159,464 | 29,346,800 | 20,304,005 | 15,104,888 | 14,385,764 | 17,137,499 | 20,400,705 | 23,489,405 | 19,232,000 | 15,999,000 | 13,918,000 | 12,141,000 | 12,141,000 | 13,837,000 |
| total shareholders funds | 42,998,349 | 39,695,536 | 36,159,464 | 29,346,800 | 20,304,005 | 15,104,888 | 14,385,764 | 17,137,499 | 20,400,705 | 23,489,405 | 19,232,000 | 15,999,000 | 13,918,000 | 12,141,000 | 12,141,000 | 13,837,000 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | 3,548,404 | 4,980,305 | 8,447,979 | 11,205,746 | 6,417,580 | 4,478,786 | 8,647,828 | 7,878,670 | 8,214,743 | 4,979,161 | 3,853,000 | 2,270,000 | 1,938,000 | -138,000 | -2,550,000 | 662,000 |
| Depreciation | 724 | 1,243 | 34,021 | 119,429 | 102,777 | 98,374 | 169,381 | 145,074 | 124,982 | 89,630 | 69,000 | 68,000 | 71,000 | 76,000 | 78,000 | 102,000 |
| Amortisation | ||||||||||||||||
| Tax | -268,943 | -1,436,375 | -1,627,771 | -2,099,116 | -1,219,862 | -871,521 | -1,701,405 | -1,642,252 | -1,730,518 | -1,105,642 | -901,000 | -646,000 | -610,000 | -26,000 | 633,000 | -361,000 |
| Stock | -436,650 | 3,055,852 | -230,034 | -6,390,515 | -1,362,414 | -3,371,499 | -4,490,190 | 1,734,253 | 3,113,923 | 2,871,278 | -1,104,000 | 2,208,000 | -4,953,000 | 576,000 | -2,060,000 | 19,734,000 |
| Debtors | 9,589,980 | 2,632,498 | 13,543,098 | 15,228,532 | 2,884,822 | 5,940,206 | -361,445 | -194,879 | -4,013,344 | 1,873,479 | -957,000 | -2,715,000 | 1,751,000 | 1,268,000 | 1,068,000 | 4,232,000 |
| Creditors | -250,142 | -3,022,677 | 1,861,404 | 1,637,259 | -1,928,583 | 197,025 | 267,002 | -625,912 | 1,042,171 | 128,659 | 325,000 | -148,000 | 96,000 | -145,000 | 337,000 | 1,285,000 |
| Accruals and Deferred Income | 494,946 | -416,672 | -3,455,741 | 2,365,555 | -2,180,546 | -89,578 | 606,120 | 371,862 | 1,351,032 | 241,194 | 640,000 | -92,000 | -817,000 | -1,022,000 | 415,000 | 2,960,000 |
| Deferred Taxes & Provisions | 363,608 | 417,559 | -235,000 | 250,000 | -43,960 | 43,960 | ||||||||||
| Cash flow from operations | -5,264,733 | -5,164,967 | -8,288,172 | 4,640,856 | -331,042 | 1,244,379 | 12,840,561 | 4,588,068 | 9,857,871 | -367,795 | 6,047,000 | 1,959,000 | 3,880,000 | -3,099,000 | -95,000 | -19,318,000 |
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | -6,977 | -20,230 | -19,039 | -43,815 | 72,461 | -400 | 18,000 | |||||||||
| cash flow from investments | ||||||||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | ||||||||||||||||
| Group/Directors Accounts | 12,566,624 | 2,339,290 | 3,040,979 | 4,578,518 | -532,093 | -33,798,048 | 4,169,141 | 1,953,718 | 4,250,975 | -1,658,368 | 1,964,000 | -332,000 | -432,000 | 2,000 | 2,175,000 | 22,737,000 |
| Other Short Term Loans | ||||||||||||||||
| Long term loans | ||||||||||||||||
| Hire Purchase and Lease Commitments | -179,070 | -65,932 | 245,002 | -40,000 | -19,000 | -29,000 | 36,000 | -24,000 | 76,000 | |||||||
| other long term liabilities | -64,000 | -56,000 | -59,602 | 28,245 | -43,643 | -23,000 | -36,000 | -34,000 | -32,000 | -30,000 | 350,000 | |||||
| share issue | ||||||||||||||||
| interest | 23,352 | -7,858 | -7,544 | -63,835 | 1,399 | 111,859 | 301,842 | 500,376 | 427,075 | 384,081 | 281,000 | 457,000 | 449,000 | 164,000 | 221,000 | 435,000 |
| cash flow from financing | 12,589,976 | 2,331,432 | 2,854,365 | 4,448,751 | -285,692 | -33,750,189 | 4,414,983 | 2,394,492 | 4,706,295 | -1,318,125 | 2,182,000 | 70,000 | -46,000 | 170,000 | 2,342,000 | 36,699,000 |
| cash and cash equivalents | ||||||||||||||||
| cash | 7,325,243 | -2,828,387 | -5,306,113 | 9,127,048 | -800,316 | -35,593,505 | 7,130,469 | -3,134,560 | 4,420,754 | -1,943,359 | 8,173,000 | 1,980,000 | 3,776,000 | -3,044,000 | 2,193,000 | 17,106,000 |
| overdraft | ||||||||||||||||
| change in cash | 7,325,243 | -2,828,387 | -5,306,113 | 9,127,048 | -800,316 | -35,593,505 | 7,130,469 | -3,134,560 | 4,420,754 | -1,943,359 | 8,173,000 | 1,980,000 | 3,776,000 | -3,044,000 | 2,193,000 | 17,106,000 |
walker group (scotland) limited Credit Report and Business Information
Walker Group (scotland) Limited Competitor Analysis
Perform a competitor analysis for walker group (scotland) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in IV30 area or any other competitors across 12 key performance metrics.
walker group (scotland) limited Ownership
WALKER GROUP (SCOTLAND) LIMITED group structure
Walker Group (Scotland) Limited has no subsidiary companies.
Ultimate parent company
2 parents
WALKER GROUP (SCOTLAND) LIMITED
SC046566
walker group (scotland) limited directors
Walker Group (Scotland) Limited currently has 3 directors. The longest serving directors include Mr Innes Smith (Jan 2019) and Mr Alexander Adam (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Innes Smith | Scotland | 54 years | Jan 2019 | - | Director |
| Mr Alexander Adam | Scotland | 68 years | Jan 2019 | - | Director |
| Mr Iain Logan | Scotland | 51 years | Aug 2023 | - | Director |
P&L
May 2024turnover
16.2m
-40%
operating profit
3.5m
-29%
gross margin
34.2%
+33.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
43m
+0.08%
total assets
69.2m
+0.31%
cash
8.6m
+5.83%
net assets
Total assets minus all liabilities
walker group (scotland) limited company details
company number
SC046566
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
41202 - Construction of domestic buildings
incorporation date
May 1969
age
56
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
May 2024
previous names
walker homes (scotland) limited (April 1988)
accountant
-
auditor
BDO LLP
address
alexander fleming house, 8 southfield drive, elgin, morayshire, IV30 6GR
Bank
BANK OF SCOTLAND
Legal Advisor
ANDERSON STRATHERN LLP
walker group (scotland) 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 found 104 charges/mortgages relating to walker group (scotland) limited. Currently there are 14 open charges and 90 have been satisfied in the past.
walker group (scotland) 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.
Click to start generating capital raising & share issue transactions for WALKER GROUP (SCOTLAND) LIMITED. This can take several minutes, an email will notify you when this has completed.
walker group (scotland) limited Companies House Filings - See Documents
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