Walling Uk Limited
- Small
- Active
- 23 years
- 7 employees
- £3,365,914 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Regular exporter
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Walling Uk Limited, based in Carnforth, UK, is a small, active company established 22 years ago. With seven employees and £3,365,914 in assets, it operates from a real address and is managed by two directors and a solo founder. The company regularly imports machinery, boilers, and mechanical appliances—parts for four months—and exports vehicles, parts, and accessories (excluding trains and trams) for an impressive 95 months.
The company's website, www.wallingukstock.com, showcases a wide range of used agricultural equipment for sale, including tractors, loaders, telehandlers, and combine harvesters. It's clear the business functions as an online marketplace, allowing customers to browse listings, filter by manufacturer and category, and contact the seller directly. The site's design is functional, if a little dated, and prioritizes equipment listings over flashy marketing. There's a strong emphasis on providing detailed specifications and photos for each item, alongside contact information for the seller. It seems to be a straightforward ecommerce operation, focused on connecting buyers and sellers of used farm machinery.
Financially, Walling Uk Limited’s report reveals some concerning trends. While the company’s net assets remain stable at £2,800,000, current assets have decreased by 19% to £3,400,000. Bank borrowings have increased significantly by 11% to £750,000, and cash reserves have dropped 22% to just £14. Trade debtors have increased dramatically by 260%, suggesting difficulties in collecting payments, or perhaps a shift to offering credit to customers. Creditors have decreased by 34%, which is a positive sign of improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it stay nimble, but the increase in borrowings and decrease in cash reserves could indicate financial pressures. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.
Overall, Walling Uk Limited appears to be a well-established business in a specialized market, but the recent financial data suggests it may be facing some challenges. It’s possible the increase in borrowings is linked to acquiring inventory to meet demand, or perhaps a temporary dip in sales. The company’s long history and focus on agricultural equipment suggest a degree of resilience, but close monitoring of its financial performance will be important in the coming months.
Registered in England/Wales under the registration number 04482141, with a registered address at LA6 1DX, United Kingdom, Carnforth, Kirk House Offices, Over Kellet.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 23 years
- 1
-
Resident of United Kingdom
-
Individual
- 23 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2024-06-30Download 9 pages pdf report
-
Confirmation statement made on 2024-07-10 with updatesDownload 4 pages pdf report
-
Director's details changed for Mr David John Walling on 2024-04-24Download 2 pages pdf report
Walling Uk Limited controls
Owns & Controls
-
Corporate
- 4 years
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Walling Uk Limited
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