Back to search

Whites Of Coventry Limited

04671329

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

5 THE QUADRANT, COVENTRY, CV1 2EL
Incorporated 19/02/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46720
Wholesale of metals and metal ores

Officers

Mr James White

director · Since 19/02/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 80

Mr Darren White

director · Since 29/09/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Mr Ian White

director · Since 25/08/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Persons with Significant Control

Mr James White

Significant control

British · United Kingdom · Age 80

5, The Quadrant, Coventry, CV1 2EL

Notified 06/04/2016

White's Holding Limited

75–100% shares
75–100% votes
Appoint directors

5 The Quadrant, Coventry, CV1 2EL

Reg: 10288989 · United Kingdom · Limited Company

Notified 28/02/2017

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 04/12/2017Registered 08/12/2017
Charge
satisfied

LLOYDS BANK PLC

Created 28/11/2017Registered 28/11/2017Satisfied 15/08/2024
Charge
satisfied

LLOYDS BANK PLC

Created 24/11/2017Registered 28/11/2017Satisfied 22/04/2020
charge
satisfied

BARCLAYS BANK PLC

Created 08/11/2004Registered 26/11/2004Satisfied 22/03/2013

CompanyRankvs 43+ SIC 46720 peers
67

Financial strength90th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.7× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

Liquidity20/20 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

Outstanding charges: -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 financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/03/2025

Turnover

£13.6M

Annual revenue

Net Worth

£2.3M

Balance sheet strength

Cash

£604k

Cash in the bank

Profit Before Tax

£900k

Bottom line earnings

Net Current Assets

£1.6M

Working capital

Current Assets

£2.6M

Current Liabilities

£956k

Fixed Assets

£1.6M

Debtors

£1.4M

Cost of Sales

£11.5M

Gross Profit

£2.2M

Admin Expenses

£1.2M

Operating Profit

£936k

Profit After Tax

£664k

19avg. employees+4

Tax at Year End

Corp tax£105k
Dividends paid£125k

People Costs

Wages & salaries£610k
NI contributions£59k

Balance Sheet

Assets less current liabilities£3.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.70-£2.9M
202313.99-£2k
20225.61+£380k
20213.52+£551k
20203.83+£13k
20193.63

Derived from filed accounts. Not audited figures.