WALKER CONTRACTS LTD.

🌳Matureactive

SC216777 · ltd · incorporated 2001-03-13

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£232.8k

book net assets

Opportunity

82/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Joinery installation

Sector: Construction

Investor take

Pursue

Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 82/100 (exceptional), bankability 85/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -61% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 22.4y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 22.4 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

8 officers (5 active, 8 linked, 4 with DOB)

Ownership & PSC

4 active PSC(s) of 5 total, 5 with control declared

Director network

2 connected companies via shared directors

Filing history

79 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £232,753

Net assets shrinking

Down £74,201 YoY

Cash draining

Cash down 61% YoY

Cash YoY

-61%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£108k

↓ 61% YoY

Net Worth

£233k

↓ 24% YoY

Current Assets

£393k

↓ 16% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£296.6k	£394.9k
Current assets	£393.4k	£467.0k
Cash	£108.0k	£276.2k
Debtors	£283.0k	£184.9k
Net assets	£232.8k	£307.0k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (32 events)Click to expand

2025-06-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-05-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-05-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-04-01
➕
MCGARRY, Laura appointed
director
2025-04-01
➕
WALKER, Gavin appointed
director
2025-04-01
➕
WALKER, Graeme appointed
director
2025-03-11
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-03-11
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-03-11
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-03-11
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-11
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-16
📄
capital-cancellation-shares
capital · SH06
2024-12-16
📄
capital-return-purchase-own-shares
capital · SH03
2024-09-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-17
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-17
🔓
Charge satisfied #1
2023-10-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2004-01-09
🔒
Charge registered #1
Lender: Clydesdale Bank Public Limited Company
2001-03-13
🏢
Company incorporated
As WALKER CONTRACTS LTD.
2001-03-13
➕
WALKER, Sadie appointed
secretary
2001-03-13
➕
WALKER, Alan appointed
director
2001-03-13
➕
COMBINED SECRETARIAL SERVICES LIMITED appointed
corporate-nominee-secretary
2001-03-13
➖
COMBINED SECRETARIAL SERVICES LIMITED resigned
corporate-nominee-secretary
2001-03-13
➕
COMBINED NOMINEES LIMITED appointed
corporate-nominee-director
2001-03-13
➖
COMBINED NOMINEES LIMITED resigned
corporate-nominee-director
2001-03-13
➕
COMBINED SECRETARIAL SERVICES LIMITED appointed
corporate-nominee-director
2001-03-13
➖
COMBINED SECRETARIAL SERVICES LIMITED resigned
corporate-nominee-director

Owner dependency

81/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "WALKER" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 63 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

30/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

primaryFamily succession underway: Not a takeover target — WALKER, Gavin (same surname) appointed 2025-04-01. Pattern consistent with intra-family handover.
primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Walker Contracts (Holdings) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Walker Contracts (Holdings) Ltd

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

WALKER CONTRACTS LTD.

This company · SC216777

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

4 active beneficial owners · dominant holder ≥75% · fragmented

Name	Shares	Voting rights	Nature of control	Notified
Walker Contracts (Holdings) Ltd Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	29/10/2024
Mr Graeme Walker Individual · British · DOB 06/1979 · age 47	—	—	sig. influencesignificant influence	29/10/2024
Mr Gavin Walker Individual · British · DOB 08/1986 · age 40	—	—	sig. influencesignificant influence	29/10/2024
Mr Alan Walker Individual · British · DOB 05/1963 · age 63	—	—	sig. influencesignificant influence	06/04/2016

1 historic (ceased) PSC

Mrs Sadie Walkerceased 29/10/2024· 25-50% shares · 25-50% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

Similar companies

Active · Construction · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GEORGE LESLIE LIMITED→ SC251886 · est 2003	£42.07M £30.05M–£54.09M	—	—	43000	22y	87	59y
MACKENZIE CONSTRUCTION LIMITED→ SC073177 · est 1980	£19.04M £13.60M–£24.48M	—	—	292	45y	87	61y
SLM MACKENZIE LIMITED→ SC243618 · est 2003	£19.02M £13.59M–£24.46M	—	—	292	23y	86	63y
LUDDON CONSTRUCTION LIMITED→ SC057943 · est 1975	£15.71M £11.22M–£20.20M	—	—	55400	50y	87	60y
CURTIS MOORE (CLADDING SYSTEMS) LIMITED→ SC206369 · est 2000	£6.45M £4.61M–£8.30M	—	—	3700	26y	85	65y
A.B. 2000 LTD.→ SC155832 · est 1995	£6.43M £4.59M–£8.26M	—	—	10600	31y	84	46y
VEITCHI INTERIORS LIMITED→ SC042401 · est 1965	£3.00M £2.15M–£3.86M	—	—	53	60y	87	61y
WESTPOINT CONSTRUCTION COMPANY (SCOTLAND) LTD→ SC101441 · est 1986	£968.2k £691.5k–£1.24M	—	—	66	39y	85	70y
INSITE CONTRACTS LIMITED→ SC162464 · est 1996	£682.9k £487.8k–£878.0k	—	—	47	30y	85	60y
TARPAVE LIMITED→ SC240089 · est 2002	£32.6k £23.3k–£41.9k	£2.30M	—	1100	23y	84	65y
A H F CONSTRUCTION MANAGEMENT LTD.→ SC352436 · est 2008	—	—	£2.19M	—	17y	83	58y
ALGAS MEDICAL INSTALLATIONS LIMITED→ SC284549 · est 2005	—	—	—	2200	21y	83	70y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →

🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive

Typeltd

Incorporated2001-03-13

Jurisdictionscotland

Primary SIC43320 — Joinery installation

Registered office

21 Lonmay Drive

Panorama Business Village

Glasgow

G33 4EP

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-25

Last: 2026-03-11