Wallgate Limited

Wallgate Group LLP, based in Wilton, Nr Salisbury, UK, is a medium-sized holding company with a 105-year history, currently employing 78 people. The company boasts £7.7 million in assets and generates £10.9 million in yearly revenue. It’s an active entity with eight directors and one owner, and operates from a real address, indicating a physical presence. Wallgate Group LLP regularly imports copper and copper products (43 months) and exports electrical machinery and equipment (125 months).

The company's primary focus, as highlighted on its website, is hospitality asset management. Wallgate Group LLP specializes in operational real estate assets, particularly within the hospitality and leisure sectors. They offer services ranging from building business plans and strategic investment to operational execution and asset management. The website emphasizes a track record of delivering returns for capital partners and credit recovery strategies for banking clients. They work with both single assets and portfolios, across various sectors and management styles.

Financially, Wallgate Group LLP’s recent report shows some interesting trends. While cash bank on hand increased by a substantial 21% to £4.7 million, net assets decreased by 9% to £6.7 million. Accounts receivable dropped by 35%, suggesting a potential issue with customer payments, and bank borrowings increased significantly by 2400%. The company’s net loss also widened, although the details aren't fully clear. Despite these challenges, the company’s assets remain substantial, and its focus on asset management suggests a strategy of maximizing returns from existing holdings. The company’s auditors, Fawcetts LLP, have issued an unqualified opinion on the financial statements.

The company’s small size (meeting two of three criteria for a medium-sized company) allows for flexibility, but the decrease in equity is something to watch. It’s likely that the company is navigating a changing market and adjusting its strategies accordingly.

Registered in England/Wales under the registration number 00156022, with a registered address at SP2 0HB, Nr Salisbury, Wilts, Crow Lane, Wilton.

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