WALLEM LIMITED

5 UNDERWOOD STREET, LONDON, N1 7LY

Company 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-2024
Accounts 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**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY 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 - 114 (25.0%)
Active Nicholas David TONKINSON 01 Oct 2013 Director British 1 - 00 (0.0%)
Resigned Harry GILBERT 01 Jul 2002 18 Jun 2021 Director British 0 - 136 (46.2%)
Resigned Vivek PURI 03 Mar 2000 01 Jun 2007 Ship Management British 1 - 20 (0.0%)
Resigned Peter James COWLING 30 Dec 1994 21 Sep 2023 Shipping British 0 - 80 (0.0%)
Resigned Aswin Kumar ATRE 04 Jan 1993 18 Apr 1994 Company Director Indian 0 - 10 (0.0%)
Resigned Michael John STEELE 17 Sep 1992 30 Dec 1994 Director British 0 - 62 (33.3%)
Resigned SWIFT INCORPORATIONS LIMITED 24 Aug 1992 17 Sep 1992 3 - 8027534119 (42.5%)
Number of active directors: 2
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
2015-08-242014-08-242013-08-242012-08-242011-08-24
WALLEM SERVICES LTDORDINARY1
50%
1
50%
1
50%
1
50%
1
50%
WALLEM & CO. LTDORDINARY1
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
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