The same cover for this UK release was used when the album was remastered and re-released with four bonus tracks on CD in 2010, under the title Katrina and the Waves.

Walking on Sunshine was recorded in London at Alaska Studios with engineer and producer Pat Collier, former bassist with the Vibrators.

[4] "Going Down to Liverpool", "Machine Gun Smith", "Walking on Sunshine" and "Que Te Quiero" would be re-recorded for the band's 1985 major label debut Katrina and the Waves, while "I Really Taught Me to Watusi" would be reworked for their 1991 album Pet the Tiger.

AllMusic's Mark Deming retrospectively called it "a good pop album," and wrote: "Kimberley Rew's guitar work is as stellar as ever, and his songwriting is clever and taut on each of these ten tunes.

"[3] The Rolling Stone Album Guide called it "a masterpiece of guitar pop,"[5] and Trouser Press said that it "flows magnificently from start to end, and subsumes individual accomplishments into a true group effort.