walker precision holdings limited
walker precision holdings limited Company Information
Company Number
SC582783
Next Accounts
Jun 2025
Industry
Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Machining
Shareholders
bgf nominees limited (a/c bgf investments lp)
mark john walker
View AllGroup Structure
View All
Contact
Registered Address
4 fullarton drive, glasgow east investment park, glasgow, G32 8FA
Website
walkerprecision.comwalker precision holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WALKER PRECISION HOLDINGS LIMITED at £11.3m based on a Turnover of £16m and 0.7x industry multiple (adjusted for size and gross margin).
walker precision holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WALKER PRECISION HOLDINGS LIMITED at £0 based on an EBITDA of £-899.6k and a 5.96x industry multiple (adjusted for size and gross margin).
walker precision holdings limited Estimated Valuation
Pomanda estimates the enterprise value of WALKER PRECISION HOLDINGS LIMITED at £6m based on Net Assets of £2.7m and 2.18x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Walker Precision Holdings Limited Overview
Walker Precision Holdings Limited is a live company located in glasgow, G32 8FA with a Companies House number of SC582783. It operates in the machining sector, SIC Code 25620. Founded in November 2017, it's largest shareholder is bgf nominees limited (a/c bgf investments lp) with a 39.6% stake. Walker Precision Holdings Limited is a young, mid sized company, Pomanda has estimated its turnover at £16m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Walker Precision Holdings Limited Health Check
Pomanda's financial health check has awarded Walker Precision Holdings Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
5 Weak
Size
annual sales of £16m, make it larger than the average company (£6.9m)
£16m - Walker Precision Holdings Limited
£6.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (4.9%)
-10% - Walker Precision Holdings Limited
4.9% - Industry AVG
Production
with a gross margin of 35.9%, this company has a comparable cost of product (30.6%)
35.9% - Walker Precision Holdings Limited
30.6% - Industry AVG
Profitability
an operating margin of -12.6% make it less profitable than the average company (6%)
-12.6% - Walker Precision Holdings Limited
6% - Industry AVG
Employees
with 172 employees, this is above the industry average (53)
172 - Walker Precision Holdings Limited
53 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£49.5k)
£51.9k - Walker Precision Holdings Limited
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £93.3k, this is less efficient (£132.1k)
£93.3k - Walker Precision Holdings Limited
£132.1k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is near the average (66 days)
59 days - Walker Precision Holdings Limited
66 days - Industry AVG
Creditor Days
its suppliers are paid after 77 days, this is slower than average (38 days)
77 days - Walker Precision Holdings Limited
38 days - Industry AVG
Stock Days
it holds stock equivalent to 193 days, this is more than average (55 days)
193 days - Walker Precision Holdings Limited
55 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is average cash available to meet short term requirements (15 weeks)
13 weeks - Walker Precision Holdings Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.3%, this is a higher level of debt than the average (51.6%)
83.3% - Walker Precision Holdings Limited
51.6% - Industry AVG
WALKER PRECISION HOLDINGS LIMITED financials
Walker Precision Holdings Limited's latest turnover from September 2023 is £16 million and the company has net assets of £2.7 million. According to their latest financial statements, Walker Precision Holdings Limited has 172 employees and maintains cash reserves of £2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | 16,039,827 | 16,698,995 | 20,974,418 | 22,202,394 | 19,661,037 | 19,115,487 | 14,857,050 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 10,273,278 | 11,518,271 | 13,339,779 | 14,137,624 | 11,782,651 | 11,509,843 | 9,051,825 |
| Gross Profit | 5,766,549 | 5,180,724 | 7,634,639 | 8,064,770 | 7,878,386 | 7,605,644 | 5,805,225 |
| Admin Expenses | 7,791,838 | 7,541,338 | 7,889,764 | 7,960,341 | 8,646,385 | 7,865,980 | 5,471,611 |
| Operating Profit | -2,025,289 | -2,360,614 | -255,125 | 104,429 | -767,999 | -260,336 | 333,614 |
| Interest Payable | 415,366 | 334,691 | 373,916 | 352,773 | 337,640 | 152,497 | 30,825 |
| Interest Receivable | 2,167 | 157 | 0 | 331 | 2,766 | 742 | 397 |
| Pre-Tax Profit | -2,438,488 | -2,695,148 | -629,041 | -248,013 | -1,102,873 | -412,091 | 303,186 |
| Tax | 752,785 | 1,398,910 | 601,899 | 217,302 | 61,600 | 93,613 | 49,972 |
| Profit After Tax | -1,685,703 | -1,296,238 | -27,142 | -30,711 | -1,041,273 | -318,478 | 353,158 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -1,685,703 | -1,296,238 | -27,142 | -30,711 | -1,041,273 | -318,478 | 353,158 |
| Employee Costs | 8,919,786 | 9,107,479 | 10,252,360 | 10,570,629 | 10,316,680 | 8,869,971 | 7,118,653 |
| Number Of Employees | 172 | 198 | 241 | 299 | 285 | 261 | 209 |
| EBITDA* | -899,645 | -1,320,663 | 829,421 | 1,428,261 | 928,175 | 1,074,982 | 1,494,729 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,513,917 | 5,066,511 | 5,911,292 | 5,977,856 | 6,906,806 | 4,701,651 | 4,640,290 |
| Intangible Assets | 0 | -95,736 | -225,056 | -354,376 | -465,946 | -595,302 | -456,558 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 170,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,513,917 | 4,970,775 | 5,686,236 | 5,623,480 | 6,440,860 | 4,106,349 | 4,353,732 |
| Stock & work in progress | 5,432,951 | 3,820,481 | 4,135,123 | 5,119,690 | 5,901,165 | 4,391,525 | 2,993,491 |
| Trade Debtors | 2,595,504 | 3,404,113 | 3,557,196 | 3,994,887 | 5,754,280 | 4,161,480 | 2,799,953 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,866,086 | 1,962,372 | 1,306,729 | 593,698 | 679,125 | 990,028 | 464,507 |
| Cash | 2,006,508 | 499,005 | 1,125,313 | 2,362,143 | 169,129 | 183,267 | 163,017 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 11,901,049 | 9,685,971 | 10,124,361 | 12,070,418 | 12,503,699 | 9,726,300 | 6,420,968 |
| total assets | 16,414,966 | 14,656,746 | 15,810,597 | 17,693,898 | 18,944,559 | 13,832,649 | 10,774,700 |
| Bank overdraft | 1,230,987 | 863,127 | 0 | 0 | 0 | 551,799 | 1,111,960 |
| Bank loan | 0 | 0 | 0 | 11,471 | 26,484 | 26,484 | 0 |
| Trade Creditors | 2,194,862 | 1,285,813 | 1,516,829 | 1,373,959 | 2,169,948 | 1,731,877 | 2,052,341 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 133,333 | 0 | 10,088 | 68,282 | 54,388 |
| hp & lease commitments | 140,087 | 302,929 | 540,567 | 634,117 | 597,599 | 453,857 | 114,013 |
| other current liabilities | 4,111,587 | 3,779,844 | 3,111,899 | 5,352,526 | 5,341,525 | 2,168,902 | 1,934,690 |
| total current liabilities | 7,677,523 | 6,231,713 | 5,302,628 | 7,372,073 | 8,145,644 | 5,001,201 | 5,267,392 |
| loans | 4,822,874 | 4,009,167 | 4,209,167 | 3,342,500 | 3,347,625 | 2,694,023 | 744,892 |
| hp & lease commitments | 41,899 | 172,847 | 468,191 | 0 | 0 | 852,033 | 123,305 |
| Accruals and Deferred Income | 0 | 0 | 229,001 | 0 | 0 | 50,400 | 103,262 |
| other liabilities | 1,128,834 | 1,727,220 | 1,706,988 | 2,422,234 | 2,379,039 | 0 | 68,285 |
| provisions | 0 | 0 | 0 | 0 | 272,918 | 364,706 | 661,243 |
| total long term liabilities | 5,993,607 | 5,909,234 | 6,613,347 | 5,764,734 | 5,999,582 | 3,961,162 | 1,700,987 |
| total liabilities | 13,671,130 | 12,140,947 | 11,915,975 | 13,136,807 | 14,145,226 | 8,962,363 | 6,968,379 |
| net assets | 2,743,836 | 2,515,799 | 3,894,622 | 4,557,091 | 4,799,333 | 4,870,286 | 3,806,321 |
| total shareholders funds | 2,743,836 | 2,515,799 | 3,894,622 | 4,557,091 | 4,799,333 | 4,870,286 | 3,806,321 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | -2,025,289 | -2,360,614 | -255,125 | 104,429 | -767,999 | -260,336 | 333,614 |
| Depreciation | 1,221,380 | 1,169,271 | 1,213,866 | 1,212,262 | 1,566,818 | 1,218,797 | 1,092,940 |
| Amortisation | -95,736 | -129,320 | -129,320 | 111,570 | 129,356 | 116,521 | 68,175 |
| Tax | 752,785 | 1,398,910 | 601,899 | 217,302 | 61,600 | 93,613 | 49,972 |
| Stock | 1,612,470 | -314,642 | -984,567 | -781,475 | 1,509,640 | 1,398,034 | 2,993,491 |
| Debtors | -904,895 | 502,560 | 275,340 | -1,844,820 | 1,281,897 | 1,887,048 | 3,264,460 |
| Creditors | 909,049 | -231,016 | 142,870 | -795,989 | 438,071 | -320,464 | 2,052,341 |
| Accruals and Deferred Income | 331,743 | 438,944 | -2,011,626 | 11,001 | 3,122,223 | 181,350 | 2,037,952 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -272,918 | -91,788 | -296,537 | 661,243 |
| Cash flow from operations | 386,357 | 98,257 | 271,791 | 3,213,952 | 1,666,744 | -2,552,138 | 38,286 |
| Investing Activities | |||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -573,897 | -399,745 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | -170,000 | 170,000 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | -403,897 | -569,745 |
| Financing Activities | |||||||
| Bank loans | 0 | 0 | -11,471 | -15,013 | 0 | 26,484 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -133,333 | 133,333 | -10,088 | -58,194 | 13,894 | 54,388 |
| Long term loans | 813,707 | -200,000 | 866,667 | -5,125 | 653,602 | 1,949,131 | 744,892 |
| Hire Purchase and Lease Commitments | -293,790 | -532,982 | 374,641 | 36,518 | -708,291 | 1,068,572 | 237,318 |
| other long term liabilities | -598,386 | 20,232 | -715,246 | 43,195 | 2,379,039 | -68,285 | 68,285 |
| share issue | |||||||
| interest | -413,199 | -334,534 | -373,916 | -352,442 | -334,874 | -151,755 | -30,428 |
| cash flow from financing | 1,422,072 | -1,263,202 | -361,319 | -514,486 | 2,901,602 | 4,220,484 | 4,527,618 |
| cash and cash equivalents | |||||||
| cash | 1,507,503 | -626,308 | -1,236,830 | 2,193,014 | -14,138 | 20,250 | 163,017 |
| overdraft | 367,860 | 863,127 | 0 | 0 | -551,799 | -560,161 | 1,111,960 |
| change in cash | 1,139,643 | -1,489,435 | -1,236,830 | 2,193,014 | 537,661 | 580,411 | -948,943 |
walker precision holdings limited Credit Report and Business Information
Walker Precision Holdings Limited Competitor Analysis
Perform a competitor analysis for walker precision holdings limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in G32 area or any other competitors across 12 key performance metrics.
walker precision holdings limited Ownership
WALKER PRECISION HOLDINGS LIMITED group structure
Walker Precision Holdings Limited has 1 subsidiary company.
Ultimate parent company
WALKER PRECISION HOLDINGS LIMITED
SC582783
1 subsidiary
walker precision holdings limited directors
Walker Precision Holdings Limited currently has 8 directors. The longest serving directors include Mr Gary Walker (Nov 2017) and Mr Mark Walker (Nov 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Walker | United Kingdom | 53 years | Nov 2017 | - | Director |
| Mr Mark Walker | Scotland | 51 years | Nov 2017 | - | Director |
| Mr Nicholas Sanders | United Kingdom | 63 years | Oct 2021 | - | Director |
| Mr Nicholas Sanders | United Kingdom | 63 years | Oct 2021 | - | Director |
| Mr Euan Lockhart | England | 56 years | Jun 2023 | - | Director |
| Mrs Amanda Robertson | United Kingdom | 54 years | Nov 2023 | - | Director |
| Mr Kevin Harvie | United Kingdom | 38 years | Sep 2024 | - | Director |
| Mr Michael Berger | Scotland | 34 years | Sep 2024 | - | Director |
P&L
September 2023turnover
16m
-4%
operating profit
-2m
-14%
gross margin
36%
+15.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
2.7m
+0.09%
total assets
16.4m
+0.12%
cash
2m
+3.02%
net assets
Total assets minus all liabilities
walker precision holdings limited company details
company number
SC582783
Type
Private limited with Share Capital
industry
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
25620 - Machining
incorporation date
November 2017
age
7
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
ANDERSON ANDERSON & BROWN AUDIT LLP
address
4 fullarton drive, glasgow east investment park, glasgow, G32 8FA
Bank
BANK OF SCOTLAND
Legal Advisor
-
walker precision holdings 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 7 charges/mortgages relating to walker precision holdings limited. Currently there are 6 open charges and 1 have been satisfied in the past.
walker precision holdings 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 PRECISION HOLDINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
walker precision holdings limited Companies House Filings - See Documents
| date | description | view/download |
|---|
