t. h. white limited

3

t. h. white limited Company Information

Share T. H. WHITE LIMITED
Live 
MatureMegaHealthy

Company Number

00519868

Registered Address

nursteed road, devizes, wiltshire, SN10 3EA

Industry

Repair and maintenance of other transport equipment

 

Sale of other motor vehicles

 

Telephone

01380722381

Next Accounts Due

September 2025

Group Structure

View All

Directors

Alexander Scott12 Years

Adrian Lovegrove1 Years

View All

Shareholders

t h white holdings ltd 100%

t. h. white limited Estimated Valuation

£135m

Pomanda estimates the enterprise value of T. H. WHITE LIMITED at £135m based on a Turnover of £147.8m and 0.91x industry multiple (adjusted for size and gross margin).

t. h. white limited Estimated Valuation

£24.7m

Pomanda estimates the enterprise value of T. H. WHITE LIMITED at £24.7m based on an EBITDA of £2.9m and a 8.39x industry multiple (adjusted for size and gross margin).

t. h. white limited Estimated Valuation

£49.7m

Pomanda estimates the enterprise value of T. H. WHITE LIMITED at £49.7m based on Net Assets of £16.3m and 3.05x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

T. H. White Limited Overview

T. H. White Limited is a live company located in wiltshire, SN10 3EA with a Companies House number of 00519868. It operates in the repair and maintenance of other transport equipment n.e.c. sector, SIC Code 33170. Founded in May 1953, it's largest shareholder is t h white holdings ltd with a 100% stake. T. H. White Limited is a mature, mega sized company, Pomanda has estimated its turnover at £147.8m with healthy growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

T. H. White Limited Health Check

Pomanda's financial health check has awarded T. H. White Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £147.8m, make it larger than the average company (£17.2m)

£147.8m - T. H. White Limited

£17.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (11%)

14% - T. H. White Limited

11% - Industry AVG

production

Production

with a gross margin of 18.8%, this company has a comparable cost of product (20%)

18.8% - T. H. White Limited

20% - Industry AVG

profitability

Profitability

an operating margin of 1% make it less profitable than the average company (4.3%)

1% - T. H. White Limited

4.3% - Industry AVG

employees

Employees

with 519 employees, this is above the industry average (48)

519 - T. H. White Limited

48 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.1k, the company has an equivalent pay structure (£41.4k)

£47.1k - T. H. White Limited

£41.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £284.8k, this is equally as efficient (£331k)

£284.8k - T. H. White Limited

£331k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 41 days, this is later than average (28 days)

41 days - T. H. White Limited

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 36 days, this is close to average (38 days)

36 days - T. H. White Limited

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 146 days, this is more than average (77 days)

146 days - T. H. White Limited

77 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (19 weeks)

0 weeks - T. H. White Limited

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 77.8%, this is a higher level of debt than the average (67.2%)

77.8% - T. H. White Limited

67.2% - Industry AVG

T. H. WHITE LIMITED financials

EXPORTms excel logo

T. H. White Limited's latest turnover from December 2023 is £147.8 million and the company has net assets of £16.3 million. According to their latest financial statements, T. H. White Limited has 519 employees and maintains cash reserves of £353.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover147,822,972142,363,260129,119,099100,296,132114,390,471109,366,412108,736,596108,697,151131,212,596131,820,110110,220,000100,880,00095,990,00085,801,00081,072,000
Other Income Or Grants000000000000000
Cost Of Sales120,053,689116,273,655105,829,37681,615,52692,335,74989,041,91188,380,35587,014,235108,193,258109,301,20890,698,00082,215,00078,841,00070,084,00065,167,000
Gross Profit27,769,28326,089,60523,289,72318,680,60622,054,72220,324,50120,356,24121,682,91623,019,33822,518,90219,522,00018,665,00017,149,00015,717,00015,905,000
Admin Expenses26,267,56423,846,20021,292,72718,376,39921,445,41021,229,96219,226,08718,735,08519,440,24619,470,03717,795,00016,829,00015,991,00015,052,00014,966,000
Operating Profit1,501,7192,243,4051,996,996304,207609,312-905,4611,130,1542,947,8313,579,0923,048,8651,727,0001,836,0001,158,000665,000939,000
Interest Payable796,894233,36058,306165,504159,07973,22921,89412,18015,72668,22141,00018,000743,000780,00021,000
Interest Receivable105,17981,14539,90818,37024,99025,27928,04036,82526,47925,20845,00036,000762,000812,000118,000
Pre-Tax Profit810,0042,239,1972,058,246166,841338,901-845,6051,140,8762,632,2746,960,9132,984,9541,731,0001,854,0001,177,000697,0001,036,000
Tax-269,898-545,074-492,950-270,927341,76140,50058,511-184,769-1,336,360-666,426-415,000-460,000-343,000-199,000-306,000
Profit After Tax540,1061,694,1231,565,296-104,086680,662-805,1051,199,3872,447,5055,624,5532,318,5281,316,0001,394,000834,000498,000730,000
Dividends Paid1,300,0001,200,000000700,0002,000,0004,500,0000120,900121,000121,000202,0000403,000
Retained Profit-759,894494,1231,565,296-104,086680,662-1,505,105-800,613-2,052,4955,624,5532,197,6281,195,0001,273,000632,000498,000327,000
Employee Costs24,456,80222,895,53919,676,74117,467,51719,807,83717,513,91816,289,99315,680,79416,424,03916,274,32214,652,00014,097,00013,564,00012,538,00012,689,000
Number Of Employees519490487457476462446445449458437429422420430
EBITDA*2,941,4984,133,4753,537,2061,852,1232,147,018487,4222,263,8723,991,8824,475,5683,876,2642,541,0002,682,0001,847,0001,277,0001,611,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets4,259,7633,970,5783,585,4453,368,1844,085,7043,890,7043,415,0943,110,3462,726,1852,627,3652,519,0002,468,0002,142,0001,735,0001,722,000
Intangible Assets119,93470,601637,268966,6651,416,6651,866,665129,998169,9980000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000010,00052,00094,000135,000177,000
Total Fixed Assets4,379,6974,041,1794,222,7134,334,8495,502,3695,757,3693,545,0923,280,3442,726,1852,627,3652,529,0002,520,0002,236,0001,870,0001,899,000
Stock & work in progress48,201,60038,622,85228,150,06723,671,78223,241,37724,655,98423,572,24221,891,21021,264,33424,525,01523,991,00020,554,00017,076,00014,276,00013,983,000
Trade Debtors16,719,20018,545,10814,032,74112,805,38914,309,58412,938,99812,706,64712,009,77813,697,83110,260,5129,874,0008,671,0009,574,0006,970,0006,084,000
Group Debtors3,228,9231,055,5871,113,2692,697,7832,644,7930000000000
Misc Debtors593,603589,800735,365517,564600,5431,172,797765,239999,3601,007,080644,949958,000437,000476,000789,000441,000
Cash353,437724,30871,16967,08210,4476,4403,133,1368,9871,315,84662,5218,0006,0006,00031,000722,000
misc current assets000000000000000
total current assets69,096,76359,537,65544,102,61139,759,60040,806,74438,774,21940,177,26434,909,33537,285,09135,492,99734,831,00029,668,00027,132,00022,066,00021,230,000
total assets73,476,46063,578,83448,325,32444,094,44946,309,11344,531,58843,722,35638,189,67940,011,27638,120,36237,360,00032,188,00029,368,00023,936,00023,129,000
Bank overdraft17,296,4768,046,1485,860,9301,868,8852,448,2562,942,4355,243,511864,4600615,8384,309,0003,074,00022,00000
Bank loan000000000000000
Trade Creditors 12,149,19610,032,9997,052,3557,650,4639,855,07211,538,93710,410,3978,830,2917,083,94810,587,2309,621,0006,618,0007,983,0005,691,0005,545,000
Group/Directors Accounts13,717,74813,907,9339,075,6928,625,2639,197,6425,567,5172,376,1331,913,6973,618,9274,024,8682,285,0003,414,0003,567,0002,719,0002,264,000
other short term finances16,413079,6489,768136,6220039,998070,86400000
hp & lease commitments398,256250,0139,8399,8399,83900000000093,000
other current liabilities12,317,64513,336,4839,407,41210,851,7969,518,27510,078,5449,783,0559,540,14610,007,7189,177,9078,153,0006,737,0006,778,0004,767,0004,407,000
total current liabilities55,895,73445,573,57631,485,87629,016,01431,165,70630,127,43327,813,09621,188,59220,710,59324,476,70724,368,00019,843,00018,350,00013,177,00012,309,000
loans000000000000000
hp & lease commitments666,532508,43441,99050,44858,5900000000000
Accruals and Deferred Income000000000127,000999,000921,000257,00000
other liabilities000000000000000
provisions633,938456,674251,43147,256000291,214538,315000000
total long term liabilities1,300,470965,108293,42197,70458,59000291,214538,315127,000999,000921,000257,00001,024,000
total liabilities57,196,20446,538,68431,779,29729,113,71831,224,29630,127,43327,813,09621,479,80621,248,90824,603,70725,367,00020,764,00018,607,00013,177,00013,333,000
net assets16,280,25617,040,15016,546,02714,980,73115,084,81714,404,15515,909,26016,709,87318,762,36813,516,65511,993,00011,424,00010,761,00010,759,0009,796,000
total shareholders funds16,280,25617,040,15016,546,02714,980,73115,084,81714,404,15515,909,26016,709,87318,762,36813,516,65511,993,00011,424,00010,761,00010,759,0009,796,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,501,7192,243,4051,996,996304,207609,312-905,4611,130,1542,947,8313,579,0923,048,8651,727,0001,836,0001,158,000665,000939,000
Depreciation1,409,1121,323,4031,110,8131,097,9161,087,7061,079,5501,093,7181,014,051896,476827,399814,000846,000689,000612,000672,000
Amortisation30,667566,667429,397450,000450,000313,33340,00030,0000000000
Tax-269,898-545,074-492,950-270,927341,76140,50058,511-184,769-1,336,360-666,426-415,000-460,000-343,000-199,000-306,000
Stock9,578,74810,472,7854,478,285430,405-1,414,6071,083,7421,681,032626,876-3,260,681534,0153,437,0003,478,0002,800,000293,00013,983,000
Debtors351,2314,309,120-139,361-1,534,1843,443,125639,909462,748-1,695,7733,799,45063,4611,682,000-984,0002,250,0001,192,0006,702,000
Creditors2,116,1972,980,644-598,108-2,204,609-1,683,8651,128,5401,580,1061,746,343-3,503,282966,2303,003,000-1,365,0002,292,000146,0005,545,000
Accruals and Deferred Income-1,018,8383,929,071-1,444,3841,333,521-560,269295,489242,909-467,572702,811152,9071,494,000623,0002,268,000360,0004,407,000
Deferred Taxes & Provisions177,264205,243204,17547,25600-291,214-247,101538,315000000
Cash flow from operations-5,983,756-4,078,546-3,132,9851,861,143-1,783,873228,3001,710,4045,907,680338,2833,731,4991,504,000-1,014,0001,014,00099,000-9,428,000
Investing Activities
capital expenditure-1,778,297-1,708,536-1,428,074-380,396-1,282,706-3,605,160-1,398,466-1,598,210-995,296-935,764-865,000-1,172,000-1,096,000-625,000-2,394,000
Change in Investments000000000000000
cash flow from investments-1,778,297-1,708,536-1,428,074-380,396-1,282,706-3,605,160-1,398,466-1,598,210-995,296-935,764-865,000-1,172,000-1,096,000-625,000-2,394,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-190,1854,832,241450,429-572,3793,630,1253,191,384462,436-1,705,230-405,9411,739,868-1,129,000-153,000848,000455,0002,264,000
Other Short Term Loans 16,413-79,64869,880-126,854136,6220-39,99839,998-70,86470,86400000
Long term loans000000000000000
Hire Purchase and Lease Commitments306,341706,618-8,458-8,14268,42900000000-93,00093,000
other long term liabilities000000000000000
share issue00000000-378,840-673,973-626,000-610,000-630,000465,0009,469,000
interest-691,715-152,215-18,398-147,134-134,089-47,9506,14624,64510,753-43,0134,00018,00019,00032,00097,000
cash flow from financing-559,1465,306,996493,453-854,5093,701,0873,143,434428,584-1,640,587-844,8921,093,746-1,751,000-745,000237,000859,00011,923,000
cash and cash equivalents
cash-370,871653,1394,08756,6354,007-3,126,6963,124,149-1,306,8591,253,32554,5212,0000-25,000-691,000722,000
overdraft9,250,3282,185,2183,992,045-579,371-494,179-2,301,0764,379,051864,460-615,838-3,693,1621,235,0003,052,00022,00000
change in cash-9,621,199-1,532,079-3,987,958636,006498,186-825,620-1,254,902-2,171,3191,869,1633,747,683-1,233,000-3,052,000-47,000-691,000722,000

t. h. white limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for t. h. white limited. Get real-time insights into t. h. white limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

T. H. White Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for t. h. white limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mega companies, companies in SN10 area or any other competitors across 12 key performance metrics.

t. h. white limited Ownership

T. H. WHITE LIMITED group structure

T. H. White Limited has 1 subsidiary company.

Ultimate parent company

1 parent

T. H. WHITE LIMITED

00519868

1 subsidiary

T. H. WHITE LIMITED Shareholders

t h white holdings ltd 100%

t. h. white limited directors

T. H. White Limited currently has 4 directors. The longest serving directors include Mr Alexander Scott (Mar 2012) and Mr Adrian Lovegrove (Jan 2023).

officercountryagestartendrole
Mr Alexander ScottEngland45 years Mar 2012- Director
Mr Adrian Lovegrove52 years Jan 2023- Director
Miss Jane FowlerEngland46 years Apr 2024- Director
Mr Stuart Todd47 years Jun 2024- Director

P&L

December 2023

turnover

147.8m

+4%

operating profit

1.5m

-33%

gross margin

18.8%

+2.51%

turnover

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

Balance Sheet

December 2023

net assets

16.3m

-0.04%

total assets

73.5m

+0.16%

cash

353.4k

-0.51%

net assets

Total assets minus all liabilities

t. h. white limited company details

company number

00519868

Type

Private limited with Share Capital

industry

33170 - Repair and maintenance of other transport equipment

45190 - Sale of other motor vehicles

incorporation date

May 1953

age

71

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

t.h. white cotswold, limited (January 1994)

bristol street (farm services) limited (December 1979)

accountant

-

auditor

BISHOP FLEMING LLP

address

nursteed road, devizes, wiltshire, SN10 3EA

Bank

LLOYDS TSB BANK PLC

Legal Advisor

WANSBROUGHS

t. h. white 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 9 charges/mortgages relating to t. h. white limited. Currently there are 1 open charges and 8 have been satisfied in the past.

charges

t. h. white limited Companies House Filings - See Documents

datedescriptionview/download