Walkinshaw Performance Limited

Walkinshaw Performance Ltd from Hertford UK: a small, active company founded 21 years ago, employs seven people, and holds £312,270 in assets. Operating from a virtual address—with 78 other companies registered at the same location—it’s led by three directors and a solo founder, boasting a stellar 5.0 Google rating from 28 reviews. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with 86 months of import activity recorded.

The company’s website showcases a specialist in Vauxhall VXR performance parts and services. It’s approved by Vauxhall as a VXR8 specialist, offering everything from parts and servicing to restoration and customization. The site highlights its expertise in the Vauxhall VXR8 GTS and GTSR models, with a focus on high-performance upgrades and bespoke solutions. It also features a section dedicated to Chevrolet Camaro parts and services, catering to a broader audience of performance enthusiasts. The site’s layout is clean and professional, with clear navigation and detailed product descriptions. It’s clear the company is focused on e-commerce, with a straightforward online store and a focus on customer service.

Financially, Walkinshaw Performance Ltd shows some concerning trends. Current assets have decreased by 9.4% to £310,000, while net assets have fallen 5.9% to -£1,300,000—a significant decline. Bank borrowings have increased, and cash reserves have fallen 26% to £11,000. Debtor levels have dropped significantly, which could be a positive sign of improved collection, but creditors have risen, suggesting increased reliance on short-term financing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from a full audit, so the figures are unaudited. The number of employees reported has also decreased from seven to five.

Overall, Walkinshaw Performance Ltd appears to be facing financial pressures. While its online presence and reputation are strong, the declining equity and increased borrowing suggest it’s burning through money. The company’s ability to maintain its high-performance focus and customer service will be crucial to its long-term survival.

Registered in England/Wales under the registration number 05028481, with a registered address at SG14 1BP, Hertford, Hertfordshire, Manufactory House, Bell Lane.

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