white & white financial services ltd

Dissolved 

white & white financial services ltd Company Information

Share WHITE & WHITE FINANCIAL SERVICES LTD

Company Number

07920656

Shareholders

timothy james white

kristy anne white

Group Structure

View All

Industry

Financial management

 

Registered Address

flat 21 mayford, oakley square, london, NW1 1NX

white & white financial services ltd Estimated Valuation

£68.4k

Pomanda estimates the enterprise value of WHITE & WHITE FINANCIAL SERVICES LTD at £68.4k based on a Turnover of £93.4k and 0.73x industry multiple (adjusted for size and gross margin).

white & white financial services ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of WHITE & WHITE FINANCIAL SERVICES LTD at £0 based on an EBITDA of £-19.2k and a 5.65x industry multiple (adjusted for size and gross margin).

white & white financial services ltd Estimated Valuation

£82.4k

Pomanda estimates the enterprise value of WHITE & WHITE FINANCIAL SERVICES LTD at £82.4k based on Net Assets of £23.5k and 3.51x industry multiple (adjusted for liquidity).

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White & White Financial Services Ltd Overview

White & White Financial Services Ltd is a dissolved company that was located in london, NW1 1NX with a Companies House number of 07920656. It operated in the financial management sector, SIC Code 70221. Founded in January 2012, it's largest shareholder was timothy james white with a 50% stake. The last turnover for White & White Financial Services Ltd was estimated at £93.4k.

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White & White Financial Services Ltd Health Check

Pomanda's financial health check has awarded White & White Financial Services Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £93.4k, make it smaller than the average company (£454.7k)

£93.4k - White & White Financial Services Ltd

£454.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (5.3%)

-9% - White & White Financial Services Ltd

5.3% - Industry AVG

production

Production

with a gross margin of 86%, this company has a comparable cost of product (86%)

86% - White & White Financial Services Ltd

86% - Industry AVG

profitability

Profitability

an operating margin of -22.9% make it less profitable than the average company (10.7%)

-22.9% - White & White Financial Services Ltd

10.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - White & White Financial Services Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.3k, the company has an equivalent pay structure (£45.3k)

£45.3k - White & White Financial Services Ltd

£45.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £93.4k, this is less efficient (£122.8k)

£93.4k - White & White Financial Services Ltd

£122.8k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - White & White Financial Services Ltd

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 9 days, this is quicker than average (46 days)

9 days - White & White Financial Services Ltd

46 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - White & White Financial Services Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 153 weeks, this is more cash available to meet short term requirements (32 weeks)

153 weeks - White & White Financial Services Ltd

32 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 33.8%, this is a lower level of debt than the average (54.4%)

33.8% - White & White Financial Services Ltd

54.4% - Industry AVG

WHITE & WHITE FINANCIAL SERVICES LTD financials

EXPORTms excel logo

White & White Financial Services Ltd's latest turnover from January 2022 is estimated at £93.4 thousand and the company has net assets of £23.5 thousand. According to their latest financial statements, White & White Financial Services Ltd has 1 employee and maintains cash reserves of £35.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013
Turnover93,421221,916178,296123,216112,30820448,50034,2405,993
Other Income Or Grants
Cost Of Sales13,04436,92343,30928,16216,3704313,69211,1831,504
Gross Profit80,377184,993134,98795,05495,93816034,80823,0574,489
Admin Expenses101,815165,453128,47374,81993,7166,32024,4176,96920,337-9,508
Operating Profit-21,43819,5406,51420,2352,222-6,320-24,25727,8392,72013,997
Interest Payable
Interest Receivable140663802831447721620414976
Pre-Tax Profit-21,29819,6066,89420,5172,367-6,243-24,04128,0432,86914,072
Tax-3,725-1,310-3,898-450-5,889-660-3,377
Profit After Tax-21,29815,8815,58416,6191,917-6,243-24,04122,1542,20910,695
Dividends Paid
Retained Profit-21,29815,8815,58416,6191,917-6,243-24,04122,1542,20910,695
Employee Costs45,27673,36694,603111,547103,52646,07552,44445,04750,991
Number Of Employees122221111
EBITDA*-19,22520,2716,99220,4182,495-5,911-22,54828,6153,28014,461

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013
Tangible Assets2,2139713715548271,2361,867785667
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2,2139713715548271,2361,867785667
Stock & work in progress
Trade Debtors7,2607,2606,6003,600452
Group Debtors
Misc Debtors2,750
Cash35,48076,77055,93245,35429,98927,68234,04752,45229,07730,334
misc current assets
total current assets35,48076,77055,93252,61437,24927,68236,79759,05232,67730,786
total assets35,48078,98356,90352,98537,80328,50938,03360,91933,46231,453
Bank overdraft
Bank loan
Trade Creditors 324324114425,85120,54820,748
Group/Directors Accounts1,7802,171
other short term finances
hp & lease commitments
other current liabilities11,66933,77827,49029,59430,99621,77924,691
total current liabilities11,99333,77827,81429,59430,99723,55927,00625,85120,54820,748
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions42018571105166
total long term liabilities42018571105166
total liabilities11,99334,19827,99929,66531,10223,72527,00625,85120,54820,748
net assets23,48744,78528,90423,3206,7014,78411,02735,06812,91410,705
total shareholders funds23,48744,78528,90423,3206,7014,78411,02735,06812,91410,705
Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013
Operating Activities
Operating Profit-21,43819,5406,51420,2352,222-6,320-24,25727,8392,72013,997
Depreciation2,2137314781832734091,709776560464
Amortisation
Tax-3,725-1,310-3,898-450-5,889-660-3,377
Stock
Debtors-7,2607,260-2,750-3,8503,0003,148452
Creditors324-324324-11-144-25,7075,303-20020,748
Accruals and Deferred Income-22,1096,288-2,104-1,4029,217-2,91224,691
Deferred Taxes & Provisions-420235114-34-61166
Cash flow from operations-41,43022,74511,27615,0833,942-6,051-19,71425,029-72831,380
Investing Activities
capital expenditure-1,973-1,078-1,078-1,858-678-1,131
Change in Investments
cash flow from investments-1,973-1,078-1,078-1,858-678-1,131
Financing Activities
Bank loans
Group/Directors Accounts-1,780-3912,171
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue10
interest140663802831447721620414976
cash flow from financing14066380283-1,636-3142,38720414986
cash and cash equivalents
cash-41,29020,83810,57815,3652,307-6,365-18,40523,375-1,25730,334
overdraft
change in cash-41,29020,83810,57815,3652,307-6,365-18,40523,375-1,25730,334

white & white financial services ltd 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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White & White Financial Services Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for white & white financial services ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in NW1 area or any other competitors across 12 key performance metrics.

white & white financial services ltd Ownership

WHITE & WHITE FINANCIAL SERVICES LTD group structure

White & White Financial Services Ltd has no subsidiary companies.

Ultimate parent company

WHITE & WHITE FINANCIAL SERVICES LTD

07920656

WHITE & WHITE FINANCIAL SERVICES LTD Shareholders

timothy james white 50%
kristy anne white 50%

white & white financial services ltd directors

White & White Financial Services Ltd currently has 2 directors. The longest serving directors include Mr Timothy White (Jan 2012) and Ms Kristy White (Jan 2012).

officercountryagestartendrole
Mr Timothy WhiteUnited Kingdom49 years Jan 2012- Director
Ms Kristy WhiteUnited Kingdom47 years Jan 2012- Director

P&L

January 2022

turnover

93.4k

-58%

operating profit

-21.4k

0%

gross margin

86.1%

+3.21%

turnover

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

Balance Sheet

January 2022

net assets

23.5k

-0.48%

total assets

35.5k

-0.55%

cash

35.5k

-0.54%

net assets

Total assets minus all liabilities

white & white financial services ltd company details

company number

07920656

Type

Private limited with Share Capital

industry

70221 - Financial management

incorporation date

January 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

January 2022

previous names

N/A

accountant

-

auditor

-

address

flat 21 mayford, oakley square, london, NW1 1NX

Bank

-

Legal Advisor

-

white & white financial services ltd 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 white & white financial services ltd.

white & white financial services ltd 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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white & white financial services ltd Companies House Filings - See Documents

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