Walkersteel Limited

Walkersteel Limited, based in Church, Accrington, UK, is a large company holding a significant position in the UK steel stockholding industry. Founded 26 years ago in 1999, the company employs 23 people and boasts assets of £9,166,613, with a yearly revenue of £18,539,895. It’s a holding company with two directors and one owner, maintaining a perfect 5.0 Google rating based on two reviews. Walkersteel is an irregular importer of iron and steel, with its last import operation occurring one month ago.

The company’s website highlights its specialization in panel flat sheet, plate, and blanks, catering to sophisticated sheet metal working equipment. Walkersteel offers a comprehensive range of steel grades, processed to stringent tolerances, and boasts an in-house cut-to-length line. A key differentiator is its integrated IT system, allowing customers to manage stock, automate reorders, and track material in real-time. Walkersteel also offers a web-based stock system, improving lead times and reducing costs.

Financially, Walkersteel shows a mixed picture. While revenue increased slightly, assets decreased by 6.7% to £9,200,000. Bank borrowings plummeted by 19%, reaching £2,900,000, and cash reserves fell 88%, to a low £2,400. Creditors, however, decreased by 8.1%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) allows for agility, but the decrease in equity raises questions. The company’s accounts were audited by Howard & Co, and the report includes a strategic report. It’s likely exempt from reporting key management personnel compensation. The company’s net assets are £2,500,000.

Overall, Walkersteel Limited appears to be navigating a challenging economic climate, with a focus on customer service and technological innovation to maintain its competitive edge.

Registered in England/Wales under the registration number 03704025, with a registered address at BB5 4HU, Church, Accrington, Lancashire, Walker House, Bridge Street Industrial Estate.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.