This walking stick has a crook handle with a silver collar hallmarked for: 
London 1923 

With a maker's mark: 
K&SLtd 
Kendall 
Kendall & Sons was an umbrella, walking stick, rainwear and ladies wear company founded in 1870, it was bought by Combined English Stores in 1977, and subsequently by Hepworths, a Leeds-based menswear company. It was then converted into the Next ladieswear chain. ​

The collar also features the initials of the original owner: 
W.L 

Walnut? shaft with an original metal ferrule. 

An attractive item, ideal for use or a collector. 

Measurements; 
Length - 91.5cm 
Diameter of the handle - 14cm 
Diameter of the shaft below the collar - 2cm 
Weight - 273g 
 
Very good condition with some surface shaft varnish loss.