WALKER ENERGY GROUP LTD

Executive Summary

Walker Energy Group Ltd is a recently established small private company with limited trading history and modest financial resources. While it maintains positive net assets and is compliant with statutory filings, its liquidity position and sole director control present risks that warrant further investigation. Clarification on the company’s operational status and cash flow management is recommended for a comprehensive risk assessment.

WALKER ENERGY GROUP LTD - Analysis Report

Company Number: 14353149

Analysis Date: 2025-07-29 20:11 UTC

1. Risk Rating: MEDIUM
   Walker Energy Group Ltd is a recently incorporated private limited company currently classified as dormant but has filed accounts showing minimal trading activity and limited resources. The company’s net current liabilities and modest cash balances pose a liquidity risk, though solvency is currently maintained via shareholder funds. The lack of an audit and minimal operational history contribute to a medium risk assessment.

2. Key Concerns:

• Liquidity Deficit: The company has net current liabilities of £313 as at 30 September 2024, with cash reserves of only £4,897, indicating a potential cash flow constraint in meeting short-term obligations.
• Dormant Account Status vs. Trading Activity: Although categorized as dormant, the presence of tangible fixed assets and profit and loss reserves suggests some operational activity, which may require clarification for regulatory compliance.
• Single Director and Shareholder Control: Full ownership and control by one director (Mr. Craig Paul Walker) concentrates decision-making and financial risk, limiting external oversight or financial support.

3. Positive Indicators:

• Positive Net Assets: Despite short-term liabilities exceeding current assets, total equity stands at £1,178, showing net asset backing.
• No Overdue Filings: The company is compliant with statutory filing deadlines for both accounts and confirmation statements, indicating good governance in this area.
• Going Concern Statement: The director affirms that the company is a going concern, suggesting confidence in future operational viability.

4. Due Diligence Notes:

• Investigate the nature and extent of trading given the dormant classification to ensure accurate reporting and compliance.
• Review cash flow projections and creditor payment schedules to assess liquidity management and any reliance on director loans or external funding.
• Assess the director’s financial standing and capacity to support the company if needed, given sole control and limited resources.
• Clarify the business plan and revenue generation model, especially given the SIC code (62090) for IT services, to understand operational sustainability.