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WALLEM LIMITED
5 UNDERWOOD STREET, LONDON, N1 7LYCompany Number: 02742181
Incorporation date: 24-Aug-1992
Status: Active
Entity type: Private Limited Company
SIC codes:
52220 Service activities incidental to water transportation
SUMMARY
This company is 31.6 years old and is currently active. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP 0 in the last reported period. Retained earnings is negative (GBP -2), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 2 active officers (directors or partners) who are or were officers of 14 other companies, 3 (21.4%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 30-Jun-2024Accounts Filed: TOTAL EXEMPTION FULL (30-Sep-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
30-Sep-2018 | USD | 4 | -72,169 | ||||
30-Sep-2017 | USD | 68,002 | |||||
30-Sep-2016 | USD | 285,857 | -307,172 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
30-Sep-2022 | GBP | 2 | -2 | ||||||
30-Sep-2021 | GBP | 2 | -2 | ||||||
30-Sep-2018 | USD | 650 | 580,449 | 1,927,631 | 2 | -2,507,432 | -2,507,430 | ||
30-Sep-2017 | USD | 450 | 58,977 | 1,876,734 | 2 | -2,435,263 | -2,435,261 | ||
30-Sep-2016 | USD | 542,230 | 1,961,483 | 2 | -2,503,265 | -2,503,263 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|---|---|---|---|---|---|
Active | ROBINSONS CONSULTING LIMITED | 01 Jun 2007 | 29 Mar 2024 | 6 - 6 | ||
Resigned | Vivek PURI | 01 Jul 2002 | 01 Jun 2007 | Director | British | 1 - 2 |
Resigned | Peter James COWLING | 15 Jul 1996 | 01 Jul 2002 | 0 - 8 | ||
Resigned | Erica Paula GORDON RUSSELL | 30 Apr 1993 | 15 Jul 1996 | 1 - 1 | ||
Resigned | Robert Henry BENNETT | 17 Sep 1992 | 30 Apr 1993 | 0 - 7 |
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Nigel Rowland HILL | 18 Jun 2021 | Director | British | 5 - 11 | 4 (25.0%) | |
Active | Nicholas David TONKINSON | 01 Oct 2013 | Director | British | 1 - 0 | 0 (0.0%) | |
Resigned | Harry GILBERT | 01 Jul 2002 | 18 Jun 2021 | Director | British | 0 - 13 | 6 (46.2%) |
Resigned | Vivek PURI | 03 Mar 2000 | 01 Jun 2007 | Ship Management | British | 1 - 2 | 0 (0.0%) |
Resigned | Peter James COWLING | 30 Dec 1994 | 21 Sep 2023 | Shipping | British | 0 - 8 | 0 (0.0%) |
Resigned | Aswin Kumar ATRE | 04 Jan 1993 | 18 Apr 1994 | Company Director | Indian | 0 - 1 | 0 (0.0%) |
Resigned | Michael John STEELE | 17 Sep 1992 | 30 Dec 1994 | Director | British | 0 - 6 | 2 (33.3%) |
Resigned | SWIFT INCORPORATIONS LIMITED | 24 Aug 1992 | 17 Sep 1992 | 3 - 80275 | 34119 (42.5%) |
Average tenure of active directors: 6.6 years
Average tenure of resigned directors: 9.8 years
Average active director Dissolution Rate: 12.5%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
|||
---|---|---|---|
HILL SAMUEL BANK LIMITED (00343544) - Liquidation | ✔ | ||
WALLEM LIMITED (02742181) - Active | ✔ | ✔ | |
CLEARWATER MARINE INVESTMENTS LIMITED (04462581) - Active | ✔ | ||
DELIMITRI SHIPPING LIMITED (04942647) - Active | ✔ | ||
CLEARWATER MARINE LEASING LIMITED (05296649) - Dissolved | ✔ | ||
CLEARWATER MARINE PROPERTIES LIMITED (05465694) - Active | ✔ | ||
SUBSEA ASSET LOCATION TECHNOLOGIES LIMITED (06436264) - Active | ✔ | ||
WATLING STREET SHIPPING LIMITED (06472241) - Active | ✔ | ||
FOSSE WAY SHIPPING LIMITED (06472321) - Active | ✔ | ||
AUSTEN INVESTMENTS LIMITED (06493346) - Active | ✔ | ||
THRUVISION SYSTEMS LIMITED (06943575) - Dissolved | ✔ | ||
SALT MANUFACTURING LIMITED (09392076) - Liquidation | ✔ | ||
CLEARWATER HYDROACOUSTICS LIMITED (09850005) - Active | ✔ | ||
CLEARWATER MARINE TRADING LIMITED (FC031447) - Active | ✔ | ||
ZEPHYR INVESTMENTS & TRADING LIMITED (FC033531) - Active | ✔ |
SHAREHOLDERS (BETA)
Shareholder name | Share class | Shares at confirmation date | ||||
---|---|---|---|---|---|---|
2015-08-24 | 2014-08-24 | 2013-08-24 | 2012-08-24 | 2011-08-24 | ||
WALLEM SERVICES LTD | ORDINARY | 1 50% | 1 50% | 1 50% | 1 50% | 1 50% |
WALLEM & CO. LTD | ORDINARY | 1 50% | 1 50% | 1 50% | 1 50% | 1 50% |
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
WALLEM LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
52220 Service activities incidental to water transportation)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
FORTH PORTS LIMITED | 1 PRINCE OF WALES DOCK, EDINBURGH, MIDLOTHIAN, EH6 7DX | SC134741 | 2017-12-31 | 214,800,000 | 73,400,000 | |
MEDITERRANEAN SHIPPING COMPANY (UK) LIMITED | MEDITE HOUSE THE HAVENS, RANSOMES EUROPARK, IPSWICH, SUFFOLK, IP3 9SJ | 01345236 | 2017-12-31 | 187,459,000 | 1,818,000 | |
PORT OF TILBURY LONDON LIMITED | LESLIE FORD HOUSE, TILBURY FREEPORT, TILBURY, ESSEX, RM18 7EH | 02659118 | 2017-12-31 | 121,780,000 | 21,663,000 | |
V.SHIPS UK LIMITED | 1ST FLOOR, 63 QUEEN VICTORIA STREET, LONDON, EC4N 4UA | 02268506 | 2017-12-31 | 101,363,000 | 13,569,000 | |
H. CLARKSON & COMPANY LIMITED | COMMODITY QUAY, ST KATHARINE DOCKS, LONDON, UNITED KINGDOM, E1W 1BF | 00152738 | 2017-12-31 | 95,300,000 | 17,100,000 | |
LONDON GATEWAY PORT LIMITED | 16 PALACE STREET, LONDON, SW1E 5JQ | 04341592 | 2017-12-31 | 75,571,000 | -37,439,000 |
52242-Cargo handling for air transport activities |
CONTAINERLIFT SERVICES LIMITED | GALLOP HOUSE, HASLER LANE, GREAT DUNMOW, ESSEX, CM6 1XS | 02361315 | 2017-09-30 | 13,583,138 | 0 |
52241-Cargo handling for water transport activities |
SARGENT BROTHERS (THAMES) LIMITED | TRINITY HOUSE, 3 BULLACE LANE, DARTFORD, KENT, UNITED KINGDOM, DA1 1BB | 00490472 | 2018-01-31 | 605,171 | 0 | |
PORTLAND MARITIME LIMITED | 82 ST JOHN STREET, LONDON, EC1M 4JN | 02079874 | 2018-05-31 | 412,973 | 0 | |
MARINE HANDLING LIMITED | SHARNA LEAHA NORTH WALSHAM ROAD, BACTON, NORWICH, NORFOLK, UNITED KINGDOM, NR12 0LN | 10430045 | 2017-12-31 | 362,483 | 0 | |
T.U. AGENCIES LTD. | ROOM R6, OAK SUITE, MAMHILAD HOUSE,, MAMHILAD PARK ESTATE, PONTYPOOL, WALES, NP4 0HZ | 02817742 | 2018-08-31 | 218,405 | 0 | |
LV NAUTA PILOTAGE SERVICES LTD | STANHOPE HOUSE, MARK RAKE, BROMBOROUGH, MERSEYSIDE, ENGLAND, CH62 2DN | 10656518 | 2018-03-31 | 80,387 | 0 | |
SEXTANT CONSULTANCY LIMITED | K E JAY & CO, 146 HIGH STREET, BILLERICAY, ESSEX, CM12 9DF | 05437285 | 2017-05-31 | 65,288 | 0 | |
ALPHA TO ZULU LIMITED | 20-22 WENLOCK ROAD, LONDON, ENGLAND, N1 7GU | 06855348 | 2019-03-31 | 52,840 | 0 | |
SEABOARD MARINE (NIGG) LIMITED | SHORE ROAD, SANDBANK, DUNOON, ARGYLL, PA23 8QH | SC075247 | 2018-02-28 | 43,500 | 0 | |
MARICO MARINE GROUP LIMITED | MARICO HOUSE, BRAMSHAW, SOUTHAMPTON, HAMPSHIRE, SO43 7JB | 03852657 | 2018-03-31 | 0 | 0 |
68209-Other letting and operating of own or leased real estate 70100-Activities of head offices |
VOUVRAY FINANCE LIMITED | 1ST FLOOR 63, QUEEN VICTORIA STREET, LONDON, EC4N 4UA | 07376959 | 0000-00-00 | 0 | 0 |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
---|---|---|---|---|
WALLEM LIMITED | 0.7% | 3.6% | 7.3% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.3% | 1.3% | 2.4% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.5% | 2.1% | 4.2% | Medium |
Accounting Month | 0.7% | 4.4% | 10.6% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |