whyte and son (nottingham) limited

Live (In Liquidation)MatureMicroRapid

whyte and son (nottingham) limited Company Information

Share WHYTE AND SON (NOTTINGHAM) LIMITED

Company Number

00167829

Shareholders

stephen charles whyte

frances claire taylor

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Group Structure

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Industry

Other personal service activities n.e.c.

 

Registered Address

2 lace market square, nottingham, NG1 1PB

whyte and son (nottingham) limited Estimated Valuation

£328.5k

Pomanda estimates the enterprise value of WHYTE AND SON (NOTTINGHAM) LIMITED at £328.5k based on a Turnover of £437.5k and 0.75x industry multiple (adjusted for size and gross margin).

whyte and son (nottingham) limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WHYTE AND SON (NOTTINGHAM) LIMITED at £0 based on an EBITDA of £-95k and a 4.47x industry multiple (adjusted for size and gross margin).

whyte and son (nottingham) limited Estimated Valuation

£6.5m

Pomanda estimates the enterprise value of WHYTE AND SON (NOTTINGHAM) LIMITED at £6.5m based on Net Assets of £2.7m and 2.41x industry multiple (adjusted for liquidity).

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Whyte And Son (nottingham) Limited Overview

Whyte And Son (nottingham) Limited is a live company located in nottingham, NG1 1PB with a Companies House number of 00167829. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in May 1920, it's largest shareholder is stephen charles whyte with a 21.2% stake. Whyte And Son (nottingham) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £437.5k with rapid growth in recent years.

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Whyte And Son (nottingham) Limited Health Check

Pomanda's financial health check has awarded Whyte And Son (Nottingham) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

4 Regular

positive_score

3 Weak

size

Size

annual sales of £437.5k, make it smaller than the average company (£907.6k)

£437.5k - Whyte And Son (nottingham) Limited

£907.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (6%)

33% - Whyte And Son (nottingham) Limited

6% - Industry AVG

production

Production

with a gross margin of 41.1%, this company has a comparable cost of product (41.1%)

41.1% - Whyte And Son (nottingham) Limited

41.1% - Industry AVG

profitability

Profitability

an operating margin of -21.8% make it less profitable than the average company (6.4%)

-21.8% - Whyte And Son (nottingham) Limited

6.4% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (14)

5 - Whyte And Son (nottingham) Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £30.7k, the company has an equivalent pay structure (£30.7k)

£30.7k - Whyte And Son (nottingham) Limited

£30.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £87.5k, this is equally as efficient (£87.5k)

£87.5k - Whyte And Son (nottingham) Limited

£87.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Whyte And Son (nottingham) Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Whyte And Son (nottingham) Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Whyte And Son (nottingham) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 36 weeks, this is average cash available to meet short term requirements (45 weeks)

36 weeks - Whyte And Son (nottingham) Limited

45 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 7.2%, this is a lower level of debt than the average (45.3%)

7.2% - Whyte And Son (nottingham) Limited

45.3% - Industry AVG

WHYTE AND SON (NOTTINGHAM) LIMITED financials

EXPORTms excel logo

Whyte And Son (Nottingham) Limited's latest turnover from July 2023 is estimated at £437.5 thousand and the company has net assets of £2.7 million. According to their latest financial statements, Whyte And Son (Nottingham) Limited has 5 employees and maintains cash reserves of £147.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Turnover437,465407,510370,455184,812550,688492,299413,158345,245132,487133,593108,399114,775161,719227,0910
Other Income Or Grants000000000000000
Cost Of Sales257,626242,805223,647112,032329,932297,350243,960199,18578,80780,33361,54665,98991,279126,8640
Gross Profit179,839164,705146,80872,780220,756194,949169,198146,06153,68053,26146,85348,78670,440100,2280
Admin Expenses275,260338,581-562,812-780,416197,468174,297158,66253,62555,51242,72123,51524,11739,13376,603-1,384,973
Operating Profit-95,421-173,876709,620853,19623,28820,65210,53692,436-1,83210,54023,33824,66931,30723,6251,384,973
Interest Payable000000000000000
Interest Receivable6,6371,2339050000912073945174553982,7982,616
Pre-Tax Profit-88,784-172,643709,710853,24623,28820,65210,53692,528-1,62510,93423,85525,12431,70526,4221,387,589
Tax00-134,845-162,117-4,425-3,924-2,002-18,5050-2,296-5,487-6,030-8,243-7,398-388,525
Profit After Tax-88,784-172,643574,865691,12918,86316,7288,53474,022-1,6258,63818,36819,09423,46219,024999,064
Dividends Paid000000000000000
Retained Profit-88,784-172,643574,865691,12918,86316,7288,53474,022-1,6258,63818,36819,09423,46219,024999,064
Employee Costs153,331145,128139,853105,824108,239102,998100,134133,11852,83252,27352,13751,56876,83799,2890
Number Of Employees555444452222340
EBITDA*-94,969-173,274710,423853,19623,28820,65210,53695,8192,73411,47224,55426,29033,45426,4271,390,467

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Tangible Assets1,3531,8052,4073,2101,136,3211,137,7481,139,6511,142,18813,5302,7163,6484,864668,485670,407673,209
Intangible Assets000000000000000
Investments & Other2,730,4172,663,5692,955,9682,483,81400002,031,4941,947,0661,785,2541,611,2331,000,339866,7250
Debtors (Due After 1 year)000000000000000
Total Fixed Assets2,731,7702,665,3742,958,3752,487,0241,136,3211,137,7481,139,6511,142,1882,045,0241,949,7821,788,9021,616,0971,668,8241,537,132673,209
Stock & work in progress000000000000000
Trade Debtors0006,33590,99275,97859,70639,7990000000
Group Debtors000000000000000
Misc Debtors8,70301,774000000000000
Cash147,826117,67179,631100,060000036,53046,354111,35995,34686,67172,5801,046,431
misc current assets000000000000000
total current assets156,529117,67181,405106,39590,99275,97859,70639,79936,53046,354111,35995,34686,67172,5801,046,431
total assets2,888,2992,783,0453,039,7802,593,4191,227,3131,213,7261,199,3571,181,9872,081,5541,996,1361,900,2611,711,4431,755,4951,609,7121,719,640
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 000023,14128,41730,77621,94024,82124,91420,03623,60835,64846,94145,993
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities208,78814,75019,37623,53400000000000
total current liabilities208,78814,75019,37623,53423,14128,41730,77621,94024,82124,91420,03623,60835,64846,94145,993
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000003,25554700000
total long term liabilities000000003,25554700000
total liabilities208,78814,75019,37623,53423,14128,41730,77621,94028,07625,46120,03623,60835,64846,94145,993
net assets2,679,5112,768,2953,020,4042,569,8851,204,1721,185,3091,168,5811,160,0472,053,4781,970,6751,880,2251,687,8351,719,8471,562,7711,673,647
total shareholders funds2,679,5112,768,2953,020,4042,569,8851,204,1721,185,3091,168,5811,160,0472,053,4781,970,6751,880,2251,687,8351,719,8471,562,7711,673,647
Jul 2023Jul 2022Jul 2021Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010Jul 2009
Operating Activities
Operating Profit-95,421-173,876709,620853,19623,28820,65210,53692,436-1,83210,54023,33824,66931,30723,6251,384,973
Depreciation45260280300003,3834,5669321,2161,6212,1472,8025,494
Amortisation000000000000000
Tax00-134,845-162,117-4,425-3,924-2,002-18,5050-2,296-5,487-6,030-8,243-7,398-388,525
Stock000000000000000
Debtors8,703-1,774-4,561-84,65715,01416,27219,90739,7990000000
Creditors000-23,141-5,276-2,3598,836-2,881-934,878-3,572-12,040-11,29394845,993
Accruals and Deferred Income194,038-4,626-4,15823,53400000000000
Deferred Taxes & Provisions0000000-3,2552,70854700000
Cash flow from operations90,366-176,126575,981776,129-1,427-1,903-2,53731,3795,34914,60115,4958,22013,91819,9771,047,935
Investing Activities
capital expenditure0001,133,1111,4271,9032,537-1,132,041-15,38000662,000-2250-678,703
Change in Investments66,848-292,399472,1542,483,814000-2,031,49484,428161,812174,021610,894133,614866,7250
cash flow from investments-66,848292,399-472,154-1,350,7031,4271,9032,537899,453-99,808-161,812-174,02151,106-133,839-866,725-678,703
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0-79,466-124,346674,584000-967,45384,42881,812174,022-51,106133,614-129,900674,583
interest6,6371,2339050000912073945174553982,7982,616
cash flow from financing6,637-78,233-124,256674,634000-967,36284,63582,206174,539-50,651134,012-127,102677,199
cash and cash equivalents
cash30,15538,040-20,429100,060000-36,530-9,824-65,00516,0138,67514,091-973,8511,046,431
overdraft000000000000000
change in cash30,15538,040-20,429100,060000-36,530-9,824-65,00516,0138,67514,091-973,8511,046,431

whyte and son (nottingham) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Whyte And Son (nottingham) Limited Competitor Analysis

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Perform a competitor analysis for whyte and son (nottingham) limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in NG1 area or any other competitors across 12 key performance metrics.

whyte and son (nottingham) limited Ownership

WHYTE AND SON (NOTTINGHAM) LIMITED group structure

Whyte And Son (Nottingham) Limited has no subsidiary companies.

Ultimate parent company

WHYTE AND SON (NOTTINGHAM) LIMITED

00167829

WHYTE AND SON (NOTTINGHAM) LIMITED Shareholders

stephen charles whyte 21.21%
frances claire taylor 21.21%
belinda jane hancock 21.21%
roderick david maurice whyte 20.34%
penelope susan smee 16.02%

whyte and son (nottingham) limited directors

Whyte And Son (Nottingham) Limited currently has 5 directors. The longest serving directors include Mr Roderick Whyte (Mar 1991) and Mrs Penelope Smee (Mar 1991).

officercountryagestartendrole
Mr Roderick WhyteEngland92 years Mar 1991- Director
Mrs Penelope Smee88 years Mar 1991- Director
Mr Stephen Whyte61 years Oct 2006- Director
Mrs Frances Taylor64 years Nov 2020- Director
Mrs Belinda Hancock66 years Nov 2020- Director

P&L

July 2023

turnover

437.5k

+7%

operating profit

-95.4k

0%

gross margin

41.2%

+1.71%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

July 2023

net assets

2.7m

-0.03%

total assets

2.9m

+0.04%

cash

147.8k

+0.26%

net assets

Total assets minus all liabilities

whyte and son (nottingham) limited company details

company number

00167829

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

May 1920

age

105

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

July 2023

previous names

N/A

accountant

-

auditor

-

address

2 lace market square, nottingham, NG1 1PB

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

whyte and son (nottingham) limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 4 charges/mortgages relating to whyte and son (nottingham) limited. Currently there are 0 open charges and 4 have been satisfied in the past.

whyte and son (nottingham) limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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whyte and son (nottingham) limited Companies House Filings - See Documents

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