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Whites Material Handling Limited

01248229

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

C/O PRECISION PROFILES, WARMLEY, BS30 5LW
Incorporated 10/03/1976

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28220
Manufacture of lifting and handling equipment
28922
28922

CompanyRankvs 1040+ SIC 28220 peers
73

Financial strength91th percentile among SIC peers · 23/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.6× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the director with respect to

Key FinancialsYear ending 31/03/2025

Turnover

£10.9M

Annual revenue

Net Worth

£2.9M

Balance sheet strength

Cash

£850k

Cash in the bank

Profit Before Tax

-£973k

Bottom line earnings

Net Current Assets

£2.4M

Working capital

Current Assets

£6.3M

Current Liabilities

£3.9M

Fixed Assets

£568k

Debtors

£2.1M

Cost of Sales

£9.3M

Gross Profit

£1.6M

Admin Expenses

£2.6M

Profit After Tax

-£653k

71avg. employees-6

People Costs

Wages & salaries£2.7M
NI contributions£289k

Balance Sheet

Assets less current liabilities£2.9M
Signed by Class 1Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20251.60-£653k
20241.90-£438k
20231.79—

Derived from filed accounts. Not audited figures.