whiting & partners limited

2

whiting & partners limited Company Information

Share WHITING & PARTNERS LIMITED
Live 
MatureSmallDeclining

Company Number

03579257

Registered Address

greenwood house greenwood court, bury st edmunds, suffolk, IP32 7GY

Industry

Accounting, and auditing activities

 

Telephone

01284752190

Next Accounts Due

December 2024

Group Structure

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Directors

Christopher Ridgeon15 Years

Andrew Band7 Years

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Shareholders

whitings capital limited 100%

whiting & partners limited Estimated Valuation

£581.6k

Pomanda estimates the enterprise value of WHITING & PARTNERS LIMITED at £581.6k based on a Turnover of £630.4k and 0.92x industry multiple (adjusted for size and gross margin).

whiting & partners limited Estimated Valuation

£16.8k

Pomanda estimates the enterprise value of WHITING & PARTNERS LIMITED at £16.8k based on an EBITDA of £3.1k and a 5.38x industry multiple (adjusted for size and gross margin).

whiting & partners limited Estimated Valuation

£7.9k

Pomanda estimates the enterprise value of WHITING & PARTNERS LIMITED at £7.9k based on Net Assets of £4.3k and 1.85x industry multiple (adjusted for liquidity).

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Whiting & Partners Limited Overview

Whiting & Partners Limited is a live company located in suffolk, IP32 7GY with a Companies House number of 03579257. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in June 1998, it's largest shareholder is whitings capital limited with a 100% stake. Whiting & Partners Limited is a mature, small sized company, Pomanda has estimated its turnover at £630.4k with declining growth in recent years.

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Whiting & Partners Limited Health Check

Pomanda's financial health check has awarded Whiting & Partners Limited a 2 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 Rating2out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £630.4k, make it larger than the average company (£138.4k)

£630.4k - Whiting & Partners Limited

£138.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -30%, show it is growing at a slower rate (5.8%)

-30% - Whiting & Partners Limited

5.8% - Industry AVG

production

Production

with a gross margin of 69%, this company has a comparable cost of product (69%)

69% - Whiting & Partners Limited

69% - Industry AVG

profitability

Profitability

an operating margin of 0.5% make it less profitable than the average company (15.5%)

0.5% - Whiting & Partners Limited

15.5% - Industry AVG

employees

Employees

with 12 employees, this is above the industry average (3)

12 - Whiting & Partners Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £20.8k, the company has an equivalent pay structure (£20.8k)

£20.8k - Whiting & Partners Limited

£20.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £52.5k, this is less efficient (£69.5k)

£52.5k - Whiting & Partners Limited

£69.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 87 days, this is near the average (97 days)

87 days - Whiting & Partners Limited

97 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 181 days, this is slower than average (26 days)

181 days - Whiting & Partners Limited

26 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Whiting & Partners Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (26 weeks)

0 weeks - Whiting & Partners Limited

26 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 97.3%, this is a higher level of debt than the average (57.3%)

97.3% - Whiting & Partners Limited

57.3% - Industry AVG

WHITING & PARTNERS LIMITED financials

EXPORTms excel logo

Whiting & Partners Limited's latest turnover from March 2023 is estimated at £630.4 thousand and the company has net assets of £4.3 thousand. According to their latest financial statements, Whiting & Partners Limited has 12 employees and maintains cash reserves of £2.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover630,425709,7711,683,8241,869,3652,055,8592,376,723856,489674,637813,494904,299939,4871,102,0291,193,982798,618
Other Income Or Grants00000000000000
Cost Of Sales195,337244,422567,343309,616258,489177,21450,80652,23272,55073,402112,384124,15694,16379,561
Gross Profit435,088465,3491,116,4811,559,7501,797,3702,199,509805,683622,405740,944830,898827,102977,8731,099,818719,057
Admin Expenses431,960456,5621,087,6801,531,0101,768,1502,247,790710,774558,706771,011814,565826,972958,8551,112,068698,031
Operating Profit3,1288,78728,80128,74029,220-48,28194,90963,699-30,06716,33313019,018-12,25021,026
Interest Payable016,09728,66327,81443,71341,97319,4925,797000000
Interest Receivable2,1361,469198861,3438308888126221302248170109
Pre-Tax Profit5,264-5,8413361,011-13,150-89,42475,50557,990-29,94116,55543219,266-12,08021,135
Tax-1,0000-64-19200-15,101-11,5980-3,808-104-5,0090-5,918
Profit After Tax4,264-5,841272819-13,150-89,42460,40446,392-29,94112,74732814,257-12,08015,217
Dividends Paid00000000000000
Retained Profit4,264-5,841272819-13,150-89,42460,40446,392-29,94112,74732814,257-12,08015,217
Employee Costs250,080460,577690,632584,202995,401727,615200,457110,357365,621448,054478,921565,403581,258286,484
Number Of Employees12223434443384131517212213
EBITDA*3,1288,78798,908101,976225,598181,128155,142124,11532,34052,27633,67752,56420,86736,209

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets0040,86847,25256,76520,50215,92613,04519,51319,15822,43626,61930,80223,163
Intangible Assets0037,172100,895164,619372,002351,18885,541139,604169,540103,204132,568161,932190,870
Investments & Other10010010010010024,63373,43518,21718,24500000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets10010078,140148,247221,484417,137440,549116,803177,362188,698125,640159,187192,734214,033
Stock & work in progress00000000000000
Trade Debtors150,618113,648432,266475,620483,441637,927218,026138,911122,799123,768132,654159,172168,929108,056
Group Debtors002,4052,4052,406143143143000000
Misc Debtors3,26507,1257,1259,55204,7500000000
Cash2,53097,976293,655102,02169,127289,08542,93927,4277,58642,71045,79574,83324,45143,600
misc current assets00000000000000
total current assets156,413211,624735,451587,171564,526927,155265,858166,481130,385166,478178,449234,005193,380151,656
total assets156,513211,724813,591735,418786,0101,344,292706,407283,284307,747355,176304,089393,192386,114365,689
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 97,11492,20979,75661,324135,010206,60731,71410,28669,12844,13558,72066,40965,66539,378
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities55,133119,513249,453202,408193,243270,913120,72046,449000000
total current liabilities152,247211,722329,209263,732328,253477,520152,43456,73569,12844,13558,72066,40965,66539,378
loans00476,947462,825449,115846,080445,384178,364000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000234,309276,790223,209304,951317,151307,797
provisions001,5923,2903,8902,7901,2631,2633,7803,7804,4364,4361593,295
total long term liabilities00478,539466,115453,005848,870446,647179,627238,089280,570227,645309,387317,310311,092
total liabilities152,247211,722807,748729,847781,2581,326,390599,081236,362307,217324,705286,365375,796382,975350,470
net assets4,26625,8435,5714,75217,902107,32646,92253030,47117,72417,3963,13915,219
total shareholders funds4,26625,8435,5714,75217,902107,32646,92253030,47117,72417,3963,13915,219
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit3,1288,78728,80128,74029,220-48,28194,90963,699-30,06716,33313019,018-12,25021,026
Depreciation006,3849,5128,2435,4267,2626,4688,4363,2794,1834,1824,181502
Amortisation0063,72363,724188,135223,98352,97153,94853,97132,66429,36429,36428,93614,681
Tax-1,0000-64-19200-15,101-11,5980-3,808-104-5,0090-5,918
Stock00000000000000
Debtors40,235-328,148-43,354-10,249-142,671415,15183,86516,255-969-8,886-26,518-9,75760,873108,056
Creditors4,90512,45318,432-73,686-71,597174,89321,428-58,84224,993-14,585-7,68974426,28739,378
Accruals and Deferred Income-64,380-129,94047,0459,165-77,670150,19374,27146,449000000
Deferred Taxes & Provisions0-1,592-1,698-6001,1001,5270-2,5170-65604,277-3,1363,295
Cash flow from operations-97,582217,856205,97746,912220,10292,590151,87581,35258,30242,11352,40262,333-16,855-35,092
Investing Activities
capital expenditure078,04001-25,258-254,799-328,761115-32,826-99,00101-11,818-229,216
Change in Investments0000-24,533-48,80255,218-2818,24500000
cash flow from investments078,04001-725-205,997-383,979143-51,071-99,00101-11,818-229,216
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans0-476,94714,12213,710-396,965400,696267,020178,364000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities0000000-234,309-42,48153,581-81,742-12,2009,354307,797
share issue00000000000002
interest2,136-14,628-28,465-27,728-42,370-41,143-19,404-5,709126221302248170109
cash flow from financing2,136-491,575-14,343-14,018-439,335359,553247,616-61,654-42,35553,802-81,440-11,9529,524307,908
cash and cash equivalents
cash-95,446-195,679191,63432,894-219,958246,14615,51219,841-35,124-3,085-29,03850,382-19,14943,600
overdraft00000000000000
change in cash-95,446-195,679191,63432,894-219,958246,14615,51219,841-35,124-3,085-29,03850,382-19,14943,600

whiting & partners 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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Whiting & Partners Limited Competitor Analysis

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Perform a competitor analysis for whiting & partners limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in IP32 area or any other competitors across 12 key performance metrics.

whiting & partners limited Ownership

WHITING & PARTNERS LIMITED group structure

Whiting & Partners Limited has 2 subsidiary companies.

Ultimate parent company

1 parent

WHITING & PARTNERS LIMITED

03579257

2 subsidiaries

WHITING & PARTNERS LIMITED Shareholders

whitings capital limited 100%

whiting & partners limited directors

Whiting & Partners Limited currently has 11 directors. The longest serving directors include Mr Christopher Ridgeon (Sep 2009) and Mr Andrew Band (Jul 2017).

officercountryagestartendrole
Mr Christopher RidgeonUnited Kingdom61 years Sep 2009- Director
Mr Andrew BandUnited Kingdom53 years Jul 2017- Director
Mr Ian PiperUnited Kingdom56 years Jul 2017- Director
Miss Trina NunnUnited Kingdom52 years Jul 2017- Director
Mr Keith DayUnited Kingdom45 years Aug 2018- Director
Mrs Amanda Newman42 years Aug 2018- Director
Mr Jonathan MooreUnited Kingdom46 years Oct 2020- Director
Mr Paul JeffersonUnited Kingdom40 years Oct 2020- Director
Mr Nicholas EdgleyUnited Kingdom51 years May 2022- Director
Mr Stephen MalkinUnited Kingdom48 years Apr 2023- Director

P&L

March 2023

turnover

630.4k

-11%

operating profit

3.1k

0%

gross margin

69.1%

+5.26%

turnover

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

Balance Sheet

March 2023

net assets

4.3k

+2132%

total assets

156.5k

-0.26%

cash

2.5k

-0.97%

net assets

Total assets minus all liabilities

whiting & partners limited company details

company number

03579257

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

June 1998

age

26

incorporated

UK

accounts

Total Exemption Full

ultimate parent company

previous names

debug 2000 limited (January 2005)

last accounts submitted

March 2023

address

greenwood house greenwood court, bury st edmunds, suffolk, IP32 7GY

accountant

-

auditor

-

whiting & partners 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 did not find charges/mortgages relating to whiting & partners limited.

charges

whiting & partners limited Companies House Filings - See Documents

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