Walstead Bicester Limited

Walstead Bicester Limited, based in Colchester, UK, is a sizable holding company with an active status, having been incorporated fifteen years ago in June 2009. Employing 171 people, the company holds assets totaling £5,865,000 and generates a yearly revenue of £39,436,000. Despite a registered address, sixteen companies share the same location, raising questions about its virtual nature. The company is overseen by five directors and has one owner, with a respectable Google rating of 4.0 based on 72 reviews. It regularly imports machinery, boilers, and mechanical appliances, parts, and exports printed materials like books, newspapers, and pictures.

Walstead Bicester Limited operates within the printing industry, offering quality web-offset printing services, primarily for magazines and journals. It’s a key player in the publishing sector. While the core business focuses on retail via mail order and internet sales, the company also runs 1066 Pianos, a separate venture specializing in high-end piano restoration. Founded in 1975, 1066 Pianos operates from Cambridge and even has a showroom in Harrods, London, offering museum-grade restorations and disaster recovery services.

Financially, the company’s performance shows mixed signals. Net assets plummeted 73% to just £16,000, while bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. The company’s unaudited figures rely on director-reported data. KPMG LLP performed the audit.

Registered in England/Wales under the registration number 06941589, with a registered address at CO3 8PH, England, Colchester, 18 Westside Centre London Road, Stanway.

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