whistles limited

whistles limited Company Information

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Company Number

01514754

Industry

Retail sale of clothing in specialised stores

 

Shareholders

whistles acquisitions ltd

Group Structure

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Contact

Registered Address

163 eversholt street, london, london, NW1 1BU

whistles limited Estimated Valuation

£65m

Pomanda estimates the enterprise value of WHISTLES LIMITED at £65m based on a Turnover of £65.7m and 0.99x industry multiple (adjusted for size and gross margin).

whistles limited Estimated Valuation

£51.1m

Pomanda estimates the enterprise value of WHISTLES LIMITED at £51.1m based on an EBITDA of £4.9m and a 10.36x industry multiple (adjusted for size and gross margin).

whistles limited Estimated Valuation

£6.8m

Pomanda estimates the enterprise value of WHISTLES LIMITED at £6.8m based on Net Assets of £2.8m and 2.46x industry multiple (adjusted for liquidity).

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Whistles Limited Overview

Whistles Limited is a live company located in london, NW1 1BU with a Companies House number of 01514754. It operates in the retail sale of clothing in specialised stores sector, SIC Code 47710. Founded in August 1980, it's largest shareholder is whistles acquisitions ltd with a 100% stake. Whistles Limited is a mature, large sized company, Pomanda has estimated its turnover at £65.7m with healthy growth in recent years.

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Whistles Limited Health Check

Pomanda's financial health check has awarded Whistles Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £65.7m, make it larger than the average company (£9.8m)

£65.7m - Whistles Limited

£9.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 15%, show it is growing at a similar rate (14.4%)

15% - Whistles Limited

14.4% - Industry AVG

production

Production

with a gross margin of 67.1%, this company has a lower cost of product (49.4%)

67.1% - Whistles Limited

49.4% - Industry AVG

profitability

Profitability

an operating margin of 3.9% make it as profitable than the average company (4.6%)

3.9% - Whistles Limited

4.6% - Industry AVG

employees

Employees

with 205 employees, this is above the industry average (64)

205 - Whistles Limited

64 - Industry AVG

paystructure

Pay Structure

on an average salary of £42.8k, the company has a higher pay structure (£28.4k)

£42.8k - Whistles Limited

£28.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £320.6k, this is more efficient (£162.7k)

£320.6k - Whistles Limited

£162.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 7 days, this is earlier than average (11 days)

7 days - Whistles Limited

11 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 52 days, this is slower than average (34 days)

52 days - Whistles Limited

34 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 225 days, this is more than average (140 days)

225 days - Whistles Limited

140 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 8 weeks, this is less cash available to meet short term requirements (13 weeks)

8 weeks - Whistles Limited

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 93.3%, this is a higher level of debt than the average (69.5%)

93.3% - Whistles Limited

69.5% - Industry AVG

WHISTLES LIMITED financials

EXPORTms excel logo

Whistles Limited's latest turnover from March 2024 is £65.7 million and the company has net assets of £2.8 million. According to their latest financial statements, Whistles Limited has 205 employees and maintains cash reserves of £6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Apr 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover65,727,00073,667,00070,957,00043,340,00070,463,53473,358,86568,477,45968,905,41758,540,32060,158,99155,250,00048,600,00039,100,00037,800,00033,000,000
Other Income Or Grants000000000000000
Cost Of Sales21,659,00025,393,00026,085,00020,146,00026,507,33827,064,14424,559,96527,442,01523,495,99722,479,05718,950,00016,100,00012,400,00012,700,00012,000,000
Gross Profit44,068,00048,274,00044,872,00023,194,00043,956,19646,294,72143,917,49441,463,40235,044,32337,679,93436,300,00032,500,00026,700,00025,100,00021,000,000
Admin Expenses41,520,00041,903,00039,956,00029,660,00042,453,22643,216,80840,687,28444,663,37240,702,51438,860,52233,533,00030,800,00027,200,00025,804,00023,500,000
Operating Profit2,548,0006,371,0004,916,000-6,466,0001,502,9703,077,9133,230,210-3,199,970-5,658,191-1,180,5882,767,0001,700,000-500,000-704,000-2,500,000
Interest Payable929,0001,033,0001,141,0001,254,0001,391,009705,498670,636599,195148,50283,241160,000100,00000100,000
Interest Receivable99,00081,000115,000123,000114,00247,40832,10113,5570000000
Pre-Tax Profit1,285,0006,515,0004,053,000-7,597,0002,164,1792,419,8232,591,675-3,785,608-5,806,693-1,263,8292,607,0001,600,000-600,000-700,000-2,600,000
Tax-407,000-887,000-778,0001,386,000-109,984-496,9941,044,69711,904-338,966187,571-756,000700,000000
Profit After Tax878,0005,628,0003,275,000-6,211,0002,054,1951,922,8293,636,372-3,773,704-6,145,659-1,076,2581,851,0002,300,000-600,000-700,000-2,600,000
Dividends Paid000000000000000
Retained Profit878,0005,628,0003,275,000-6,211,0002,054,1951,922,8293,636,372-3,773,704-6,145,659-1,076,2581,851,0002,300,000-600,000-700,000-2,600,000
Employee Costs8,771,0008,405,0007,491,0008,948,00011,771,27012,818,86112,106,13014,077,95412,042,20611,725,33910,321,00010,400,0008,500,0008,300,0007,800,000
Number Of Employees205192190267364680672665681646630571537525489
EBITDA*4,936,0008,322,0007,186,000-2,538,0006,461,2074,350,3684,850,245-1,556,820-2,698,043942,9214,620,0002,900,0001,100,000896,000-900,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Apr 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets1,973,0001,821,0003,832,0005,024,00012,747,4964,398,1293,555,9044,054,6584,547,2336,294,7985,524,0004,800,0004,200,0005,000,0005,100,000
Intangible Assets4,700,0003,686,0000000091,90191,66073,13872,0000000
Investments & Other1,010,0001,010,0001,010,0001,010,0001,603,5331,603,5331,270,2001,270,2001,009,7831,009,7831,010,0001,000,0001,000,0001,000,0001,000,000
Debtors (Due After 1 year)4,285,0002,979,0002,848,0003,273,0001,826,9751,169,2161,018,50750,0210000000
Total Fixed Assets11,968,0009,496,0007,690,0009,307,00016,178,0047,170,8785,844,6115,466,7805,648,6767,377,7196,606,0005,800,0005,200,0006,000,0006,100,000
Stock & work in progress13,389,00013,673,0009,330,00013,178,00012,190,26811,679,4959,474,4767,975,5826,643,3736,678,4635,648,0005,100,0003,600,0003,200,0002,700,000
Trade Debtors1,358,0002,223,0002,413,0001,459,000611,8441,441,0042,576,9423,210,6162,031,1472,404,4351,809,0001,600,0001,400,0001,100,0001,100,000
Group Debtors7,848,0006,113,0006,057,0005,129,0004,884,9772,592,7611,842,2252,066,9111,514,7861,546,729813,0000000
Misc Debtors1,012,0001,033,000948,000353,0001,008,4931,891,3831,655,3682,128,2411,975,2962,536,8442,253,0002,300,0001,400,0001,200,0001,500,000
Cash5,958,0008,547,00012,186,0002,206,0004,168,6324,757,6001,508,987742,1532,129,632480,5774,102,0003,900,0002,500,000700,000900,000
misc current assets000000000000000
total current assets29,565,00031,589,00030,934,00022,325,00022,864,21422,362,24317,057,99816,123,50314,294,23413,647,04814,625,00012,900,0008,900,0006,200,0006,200,000
total assets41,533,00041,085,00038,624,00031,632,00039,042,21829,533,12122,902,60921,590,28319,942,91021,024,76721,231,00018,700,00014,100,00012,200,00012,300,000
Bank overdraft000000000000000
Bank loan000000004,221,929000000
Trade Creditors 3,118,0006,282,0004,305,00015,729,0005,930,4586,142,9141,795,5185,960,8458,152,3057,680,1434,653,0003,500,0002,100,0002,000,0001,600,000
Group/Directors Accounts21,191,00017,140,00021,549,00004,578,0864,403,3744,295,7876,425,6325,030,7755,151,4275,187,0005,100,0005,000,0003,700,0003,700,000
other short term finances000000000000000
hp & lease commitments1,800,0002,101,0002,117,00003,200,6020000000000
other current liabilities8,485,0009,654,0008,555,00002,363,0013,282,7823,034,7271,168,7442,907,4802,528,9454,500,0004,800,0004,100,0003,000,0002,800,000
total current liabilities34,594,00035,177,00036,526,00015,729,00016,072,14713,829,0709,126,03213,555,22120,312,48915,360,51514,340,00013,400,00011,200,0008,700,0008,100,000
loans000015,483,54814,608,58513,974,99511,816,8560000000
hp & lease commitments3,544,0003,018,0002,809,00006,702,033340,001277,960324,8160000000
Accruals and Deferred Income0000000000501,000800,000700,000700,000700,000
other liabilities0162,000202,00020,887,000313,623966,6231,365,0751,644,605462,189350,36100000
provisions621,000832,0002,819,0002,023,000671,817855,430492,722498,8620000000
total long term liabilities4,165,0004,012,0005,830,00022,910,00023,171,02116,770,63916,110,75214,285,139462,189350,361501,000800,000700,000700,000700,000
total liabilities38,759,00039,189,00042,356,00038,639,00039,243,16830,599,70925,236,78427,840,36020,774,67815,710,87614,841,00014,200,00011,900,0009,400,0008,800,000
net assets2,774,0001,896,000-3,732,000-7,007,000-200,950-1,066,588-2,334,175-6,250,077-831,7685,313,8916,390,0004,500,0002,200,0002,800,0003,500,000
total shareholders funds2,774,0001,896,000-3,732,000-7,007,000-200,950-1,066,588-2,334,175-6,250,077-831,7685,313,8916,390,0004,500,0002,200,0002,800,0003,500,000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Apr 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit2,548,0006,371,0004,916,000-6,466,0001,502,9703,077,9133,230,210-3,199,970-5,658,191-1,180,5882,767,0001,700,000-500,000-704,000-2,500,000
Depreciation2,388,0001,951,0002,270,0003,928,0004,958,2371,272,4551,620,0351,643,1502,960,1482,123,5091,853,0001,200,0001,600,0001,600,0001,600,000
Amortisation000000000000000
Tax-407,000-887,000-778,0001,386,000-109,984-496,9941,044,69711,904-338,966187,571-756,000700,000000
Stock-284,0004,343,000-3,848,000987,732510,7732,205,0191,498,8941,332,209-35,0901,030,463548,0001,500,000400,000500,0002,700,000
Debtors2,155,00082,0002,052,0001,881,7111,237,9251,322-362,7471,934,560-966,7791,613,008975,0001,100,000500,000-300,0002,600,000
Creditors-3,164,0001,977,000-11,424,0009,798,542-212,4564,347,396-4,165,327-2,191,460472,1623,027,1431,153,0001,400,000100,000400,0001,600,000
Accruals and Deferred Income-1,169,0001,099,0008,555,000-2,363,001-919,781248,0551,865,983-1,738,736378,535-2,472,055-599,000800,0001,100,000200,0003,500,000
Deferred Taxes & Provisions-211,000-1,987,000796,0001,351,183-183,613362,708-6,140498,8620000000
Cash flow from operations-1,886,0004,099,0006,131,0004,765,2813,286,6756,605,1922,453,311-8,243,019-1,184,443-957,8912,895,0003,200,0001,400,0001,296,000-1,100,000
Investing Activities
capital expenditure-3,554,000-3,626,000-1,078,0003,795,496-13,307,604-2,114,680-1,029,380-1,150,816-1,231,105-2,895,445-2,649,000-1,800,000-800,000-1,500,000-1,000,000
Change in Investments000-593,5330333,3330260,4170-21710,0000001,000,000
cash flow from investments-3,554,000-3,626,000-1,078,0004,389,029-13,307,604-2,448,013-1,029,380-1,411,233-1,231,105-2,895,228-2,659,000-1,800,000-800,000-1,500,000-2,000,000
Financing Activities
Bank loans0000000-4,221,9294,221,929000000
Group/Directors Accounts4,051,000-4,409,00021,549,000-4,578,086174,712107,587-2,129,8451,394,857-120,652-35,57387,000100,0001,300,00003,700,000
Other Short Term Loans 000000000000000
Long term loans000-15,483,548874,963633,5902,158,13911,816,8560000000
Hire Purchase and Lease Commitments225,000193,0004,926,000-9,902,6359,562,63462,041-46,856324,8160000000
other long term liabilities-162,000-40,000-20,685,00020,573,377-653,000-398,452-279,5301,182,416111,828350,36100000
share issue000-595,050-1,188,557-655,242279,530-1,644,605014939,0000006,100,000
interest-830,000-952,000-1,026,000-1,131,000-1,277,007-658,090-638,535-585,638-148,502-83,241-160,000-100,00000-100,000
cash flow from financing3,284,000-5,208,0004,764,000-11,116,9427,493,745-908,566-657,0978,266,7734,064,603231,696-34,00001,300,00009,700,000
cash and cash equivalents
cash-2,589,000-3,639,0009,980,000-1,962,632-588,9683,248,613766,834-1,387,4791,649,055-3,621,423202,0001,400,0001,800,000-200,000900,000
overdraft000000000000000
change in cash-2,589,000-3,639,0009,980,000-1,962,632-588,9683,248,613766,834-1,387,4791,649,055-3,621,423202,0001,400,0001,800,000-200,000900,000

whistles 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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Whistles Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for whistles limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in NW1 area or any other competitors across 12 key performance metrics.

whistles limited Ownership

WHISTLES LIMITED group structure

Whistles Limited has 3 subsidiary companies.

Ultimate parent company

THE FOSCHINI GROUP LTD

#0074537

2 parents

WHISTLES LIMITED

01514754

3 subsidiaries

WHISTLES LIMITED Shareholders

whistles acquisitions ltd 100%

whistles limited directors

Whistles Limited currently has 3 directors. The longest serving directors include Mr James Hampshire (Aug 2020) and Mr James Hampshire (Aug 2020).

officercountryagestartendrole
Mr James HampshireEngland56 years Aug 2020- Director
Mr James HampshireEngland56 years Aug 2020- Director
Miss Emma MacKrillEngland37 years Sep 2024- Director

P&L

March 2024

turnover

65.7m

-11%

operating profit

2.5m

-60%

gross margin

67.1%

+2.31%

turnover

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

Balance Sheet

March 2024

net assets

2.8m

+0.46%

total assets

41.5m

+0.01%

cash

6m

-0.3%

net assets

Total assets minus all liabilities

whistles limited company details

company number

01514754

Type

Private limited with Share Capital

industry

47710 - Retail sale of clothing in specialised stores

incorporation date

August 1980

age

45

incorporated

UK

ultimate parent company

THE FOSCHINI GROUP LTD

accounts

Full Accounts

last accounts submitted

March 2024

previous names

whistles & polo limited (January 1983)

polo retail limited (December 1981)

accountant

-

auditor

DELOITTE LLP

address

163 eversholt street, london, london, NW1 1BU

Bank

LLOYDS TSB

Legal Advisor

BRYAN CAVE LEIGHTON PAISNER LLP

whistles 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 37 charges/mortgages relating to whistles limited. Currently there are 9 open charges and 28 have been satisfied in the past.

whistles 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.

Click to start generating capital raising & share issue transactions for WHISTLES LIMITED. This can take several minutes, an email will notify you when this has completed.

whistles limited Companies House Filings - See Documents

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