Walters (footwear) Limited

Walters Footwear Ltd is a small, active company with a rich history, having been founded 90 years ago in 1934. Based in Porthcawl, Wales, it operates a real address and employs ten people, holding £210,697 in assets. With three directors and two owners, the company runs an e-commerce site and enjoys a respectable Google rating of 4.0 from 18 reviews. It’s an irregular importer, primarily dealing in footwear and related items, with its last import operation recorded 19 months ago in September 2022.

The company's website, Walters Shoes, showcases a wide selection of footwear for men and women, including brands like Skechers, Rieker, and Crocs. It’s clear the business is focused on retail sales, offering both online and in-store shopping experiences. The site also highlights a commitment to customer service, with a clear return policy and a focus on quick delivery.

Financially, Walters Footwear Ltd presents a mixed picture. Current assets decreased by 7%, falling to £210,000, while net assets also declined by 6.1%, reaching £120,000. Cash bank on hand fell by 9.2%, dropping to £110,000. However, creditors decreased by 12%, suggesting improved debt management. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible. The increase in corporation tax payable by 51% is something to keep an eye on. No auditor is mentioned, which is common for small companies.

Overall, Walters Footwear Ltd appears to be navigating a competitive market. While asset values have decreased, the company’s long history, strong Google rating, and commitment to customer service suggest a resilient business. The decrease in creditors is a positive sign, but the company should monitor its cash flow and corporation tax liability closely.

Registered in England/Wales under the registration number 00291134, with a registered address at CF36 3BD, 38 John St., Porthcawl.

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