whitelets limited

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whitelets limited Company Information

Share WHITELETS LIMITED

Company Number

11086270

Shareholders

anthony white

joseph kenneth white

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Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

3 austin road, woodley, reading, berkshire, RG5 4EJ

Website

-

whitelets limited Estimated Valuation

£345.7k

Pomanda estimates the enterprise value of WHITELETS LIMITED at £345.7k based on a Turnover of £139.9k and 2.47x industry multiple (adjusted for size and gross margin).

whitelets limited Estimated Valuation

£49.5k

Pomanda estimates the enterprise value of WHITELETS LIMITED at £49.5k based on an EBITDA of £10.1k and a 4.88x industry multiple (adjusted for size and gross margin).

whitelets limited Estimated Valuation

£0

Pomanda estimates the enterprise value of WHITELETS LIMITED at £0 based on Net Assets of £-754 and 1.71x industry multiple (adjusted for liquidity).

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Whitelets Limited Overview

Whitelets Limited is a live company located in reading, RG5 4EJ with a Companies House number of 11086270. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2017, it's largest shareholder is anthony white with a 97.6% stake. Whitelets Limited is a young, micro sized company, Pomanda has estimated its turnover at £139.9k with rapid growth in recent years.

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Whitelets Limited Health Check

Pomanda's financial health check has awarded Whitelets Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £139.9k, make it smaller than the average company (£947.1k)

£139.9k - Whitelets Limited

£947.1k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (5.4%)

33% - Whitelets Limited

5.4% - Industry AVG

production

Production

with a gross margin of 31.3%, this company has a higher cost of product (72.6%)

31.3% - Whitelets Limited

72.6% - Industry AVG

profitability

Profitability

an operating margin of 7.2% make it less profitable than the average company (28.4%)

7.2% - Whitelets Limited

28.4% - Industry AVG

employees

Employees

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

1 - Whitelets Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.8k, the company has an equivalent pay structure (£33.8k)

£33.8k - Whitelets Limited

£33.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £139.9k, this is less efficient (£187.9k)

£139.9k - Whitelets Limited

£187.9k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 53 days, this is later than average (31 days)

53 days - Whitelets Limited

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 699 days, this is slower than average (37 days)

699 days - Whitelets Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Whitelets Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Whitelets Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 100.4%, this is a higher level of debt than the average (68.1%)

100.4% - Whitelets Limited

68.1% - Industry AVG

WHITELETS LIMITED financials

EXPORTms excel logo

Whitelets Limited's latest turnover from April 2024 is estimated at £139.9 thousand and the company has net assets of -£754. According to their latest financial statements, we estimate that Whitelets Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Nov 2018
Turnover139,921107,49686,82959,96876,51646,47731,018
Other Income Or Grants0000000
Cost Of Sales96,11575,32662,22943,28153,92632,69321,634
Gross Profit43,80632,17024,60016,68722,58913,7839,384
Admin Expenses33,67920,49012,58139,69828,33013,1107,701
Operating Profit10,12711,68012,019-23,011-5,7416731,683
Interest Payable0000000
Interest Receivable0000000
Pre-Tax Profit10,12711,68012,019-23,011-5,7416731,683
Tax-2,532-2,920-2,28400-128-320
Profit After Tax7,5958,7609,735-23,011-5,7415451,363
Dividends Paid0000000
Retained Profit7,5958,7609,735-23,011-5,7415451,363
Employee Costs33,80131,07630,16327,26127,88027,62926,837
Number Of Employees1111111
EBITDA*10,12711,68012,019-23,011-5,7416731,683

* Earnings Before Interest, Tax, Depreciation and Amortisation

Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Nov 2018
Tangible Assets162,944162,944162,944162,944162,94474,25474,254
Intangible Assets0000000
Investments & Other0000000
Debtors (Due After 1 year)0000000
Total Fixed Assets162,944162,944162,944162,944162,94474,25474,254
Stock & work in progress0000000
Trade Debtors20,37814,5998,2411,1023,9264,6342,248
Group Debtors0000000
Misc Debtors807775047510
Cash0000000
misc current assets000000197
total current assets20,45814,6768,3161,1023,9734,6852,445
total assets183,402177,620171,260164,046166,91778,93976,699
Bank overdraft0000000
Bank loan0000000
Trade Creditors 184,156185,969188,369190,890170,75077,03175,336
Group/Directors Accounts0000000
other short term finances0000000
hp & lease commitments0000000
other current liabilities0000000
total current liabilities184,156185,969188,369190,890170,75077,03175,336
loans0000000
hp & lease commitments0000000
Accruals and Deferred Income0000000
other liabilities0000000
provisions0000000
total long term liabilities0000000
total liabilities184,156185,969188,369190,890170,75077,03175,336
net assets-754-8,349-17,109-26,844-3,8331,9081,363
total shareholders funds-754-8,349-17,109-26,844-3,8331,9081,363
Apr 2024Apr 2023Apr 2022Apr 2021Apr 2020Apr 2019Nov 2018
Operating Activities
Operating Profit10,12711,68012,019-23,011-5,7416731,683
Depreciation0000000
Amortisation0000000
Tax-2,532-2,920-2,28400-128-320
Stock0000000
Debtors5,7826,3607,214-2,871-7122,4372,248
Creditors-1,813-2,400-2,52120,14093,7191,69575,336
Accruals and Deferred Income0000000
Deferred Taxes & Provisions0000000
Cash flow from operations000088,690-19774,451
Investing Activities
capital expenditure0000-88,6900-74,254
Change in Investments0000000
cash flow from investments0000-88,6900-74,254
Financing Activities
Bank loans0000000
Group/Directors Accounts0000000
Other Short Term Loans 0000000
Long term loans0000000
Hire Purchase and Lease Commitments0000000
other long term liabilities0000000
share issue0000000
interest0000000
cash flow from financing0000000
cash and cash equivalents
cash0000000
overdraft0000000
change in cash0000000

whitelets 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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Whitelets Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for whitelets limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in RG5 area or any other competitors across 12 key performance metrics.

whitelets limited Ownership

WHITELETS LIMITED group structure

Whitelets Limited has no subsidiary companies.

Ultimate parent company

WHITELETS LIMITED

11086270

WHITELETS LIMITED Shareholders

anthony white 97.56%
joseph kenneth white 0.49%
sam ryan collins 0.49%
callum jake white 0.49%
amy elizabeth collins 0.49%
rhys anthony white 0.49%

whitelets limited directors

Whitelets Limited currently has 3 directors. The longest serving directors include Mr Christopher White (Nov 2017) and Mrs Inderjeet White (Nov 2017).

officercountryagestartendrole
Mr Christopher WhiteEngland46 years Nov 2017- Director
Mrs Inderjeet WhiteEngland45 years Nov 2017- Director
Mr Anthony WhiteEngland77 years Nov 2017- Director

P&L

April 2024

turnover

139.9k

+30%

operating profit

10.1k

0%

gross margin

31.4%

+4.62%

turnover

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

Balance Sheet

April 2024

net assets

-754

-0.91%

total assets

183.4k

+0.03%

cash

0

0%

net assets

Total assets minus all liabilities

whitelets limited company details

company number

11086270

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

November 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

April 2024

previous names

N/A

accountant

-

auditor

-

address

3 austin road, woodley, reading, berkshire, RG5 4EJ

Bank

-

Legal Advisor

-

whitelets 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 whitelets limited.

whitelets 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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whitelets limited Companies House Filings - See Documents

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