WALLS TRUCK SERVICES LIMITED
Company number 04409477 · Monitor this company
Executive summary
Walls Truck Services Limited has staged a remarkable financial recovery, transforming from negative net assets of £(345,294) in 2022 to positive equity of £2.23 million by 2025, driven by strategic margin improvement and disciplined reinvestment. However, the business remains highly leveraged (debt-to-equity of 1.75) with dangerously thin cash reserves of under £100,000 against nearly £4 million in liabilities, leaving it vulnerable to unexpected disruptions. The prognosis is cautiously optimistic—the trajectory is positive and management is making smart strategic choices—but the patient needs to build a cash buffer and continue deleveraging before it can be considered financially robust.
Shareholders' funds
£2,231,379
Balance sheet as at 2025-05-30
What it does
The principal activity of the group in the year under review was that of motor vehicle recovery.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2002-04-04
- Employees
- 91 (2025 accounts · was 100 in 2024)
- Registered office
- Elfed House Oak Tree Court, Mulberry Drive, Cardiff Gate Business Park, Cardiff, CF23 8RS
- Postcode
- CF23 8RS
- Capital
- 350,100 GBP
- Accounts category
- Group
- Charges
- 3 outstanding
Accounts
- Last made up to
- 2025-05-30
- Next due by
- 2027-02-28
- Financial year end
- 31 May
Confirmation statement
- Last statement dated
- 2025-10-02
- Next due by
- 2026-10-16
Nature of business (SIC)
- 45112 Sale of used cars and light motor vehicles
- 45200 Maintenance and repair of motor vehicles
Officers 3 current · 5 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — Z8227137 (Tier 1), registered since 2003.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous registered addresses 2
| Address | Changed on |
|---|---|
| UNIT 6 PORT ROAD, MAESGLAS RETAIL PARK, NEWPORT, NP20 2NN | 2005-06-24 |
| PENDRAGON HOUSE, CAXTON PLACE, PENTWYN, CARDIFF BS25 1LZ | 2002-07-08 |
Among its peers
Top 5%
by shareholders' funds, of 224 similar companies in CF
The largest employer among its local peers (91 staff).
Among the oldest 25% of its local peers, trading since 2002.
No.6 of the largest sale of used cars and light motor vehicles companies in Cardiff →
Competitors Cardiff
This company ranks 6 among sale of used cars and light motor vehicles in Cardiff.
The class of 2002
53%
of the 347 companies in this sector incorporated in 2002 are still active today; 44% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 1 title
- Leasehold
- 1
- Most recent registration
- 2008-10-14
- Where
- City Of Bristol
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| BL110705 | City Of Bristol | Leasehold | 2008-10-14 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.