Walkersteel Laser Services Limited

Walkersteel Laser Services Ltd, based in Accrington, UK, is a small, holding company with an active status. Founded six years ago in 2019, the company employs 18 people and holds assets worth £1,939,457. It operates from a real address and is overseen by two directors and two owners. The company regularly imports iron or steel products, with 21 months of import activity recorded, the last in December 2024.

Walkersteel Laser Services specializes in laser cutting tubular profiles and sections, catering to the subcontract market with tight deadlines and quality standards. Its website highlights a focus on tube laser cutting using state-of-the-art BLM Adige LT7 fibre laser cutters, offering services like flow drilling, countersinking, tapping, welding, and rivet nut inserting. The company processes ferrous and nonferrous materials, including mild steel, stainless steel, and aluminium, and offers design team services to turn ideas into reality. The website also details cookie consent management.

Financially, Walkersteel Laser Services shows a mixed picture. Current assets increased by 24% to £1,900,000, while net assets rose by 12% to £600,000. Bank borrowings disappeared entirely, a positive sign, and cash reserves decreased by 15% to £320,000. Creditors increased by 39%, suggesting potentially higher short-term liabilities, and trade debtors jumped 41%. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

The company’s financial data reveals a possible trend of increased credit extended to customers, as evidenced by the rise in trade debtors. While the increase in current assets is encouraging, the decrease in cash reserves and the rise in creditors warrant close monitoring. It's likely that Walkersteel Laser Services is investing in growth, but managing its working capital effectively will be crucial for its long-term success.

Registered in England/Wales under the registration number 11862710, with a registered address at BB5 4HU, United Kingdom, 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.