Walcon Limited

Walcon Ltd from Fareham, UK, is a small, active company with a long history, having been founded 61 years ago in 1963. With just one employee and £514,692 in assets, it's a compact operation managed by two directors and a single owner. The company has a real registered address and operates as a regular exporter of ships, boats, and floating structures, having exported for 20 months, with the most recent export occurring in November 2024. However, it’s also an irregular importer, having imported for just two months, with the last import operation in June 2024.

The company’s website is minimal, offering little insight into its operations beyond its core business. It appears to be primarily a B2B operation, focused on facilitating the movement of vessels rather than direct consumer sales. It's difficult to determine if the company has an e-commerce presence.

Financially, Walcon Ltd presents a mixed picture. Creditors have increased significantly, up 170% to £360,000, while cash bank on hand has increased by 58% to £57,000. Trade debtors have also increased, up 9% to £460,000. However, net assets liabilities have increased by 2.2% to £4,900,000. Bank borrowings have decreased, with the current financial instruments decreasing by 75% to £18,000. The company’s small size—meeting two of three conditions for being a small company—allows for flexibility, but the increased creditors suggest a reliance on credit. The lack of an auditor mentioned is likely due to its status as a small company, meaning the financial statements are unaudited. The company’s investment property has increased by 6.2% to £4,600,000. It is worth noting that the company’s financial statements are prepared in accordance with Financial Reporting Standard 102.

Registered in England/Wales under the registration number 00764785, with a registered address at PO15 5SR, Fareham, Hants, Cockerell Close, Segensworth West.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.