the whittling house limited
the whittling house limited Company Information
Company Number
12108904
Next Accounts
Oct 2025
Shareholders
lobster alta (holdings) limited
Group Structure
View All
Industry
Hotels and similar accommodation
+1Registered Address
halidon house, 17d windmill way west, berwick upon tweed, northumberland, TD15 1TB
Website
thewhittlinghouse.co.ukthe whittling house limited Estimated Valuation
Pomanda estimates the enterprise value of THE WHITTLING HOUSE LIMITED at £1.5m based on a Turnover of £1.6m and 0.92x industry multiple (adjusted for size and gross margin).
the whittling house limited Estimated Valuation
Pomanda estimates the enterprise value of THE WHITTLING HOUSE LIMITED at £656.5k based on an EBITDA of £145.7k and a 4.51x industry multiple (adjusted for size and gross margin).
the whittling house limited Estimated Valuation
Pomanda estimates the enterprise value of THE WHITTLING HOUSE LIMITED at £421.8k based on Net Assets of £170.1k and 2.48x industry multiple (adjusted for liquidity).
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The Whittling House Limited Overview
The Whittling House Limited is a live company located in berwick upon tweed, TD15 1TB with a Companies House number of 12108904. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in July 2019, it's largest shareholder is lobster alta (holdings) limited with a 100% stake. The Whittling House Limited is a young, small sized company, Pomanda has estimated its turnover at £1.6m with high growth in recent years.
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The Whittling House Limited Health Check
Pomanda's financial health check has awarded The Whittling House Limited a 4 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
3 Strong
4 Regular
5 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£3.9m)
- The Whittling House Limited
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a similar rate (21.7%)
- The Whittling House Limited
21.7% - Industry AVG
Production
with a gross margin of 62.7%, this company has a comparable cost of product (62.7%)
- The Whittling House Limited
62.7% - Industry AVG
Profitability
an operating margin of 8.3% make it more profitable than the average company (5.3%)
- The Whittling House Limited
5.3% - Industry AVG
Employees
with 32 employees, this is below the industry average (66)
32 - The Whittling House Limited
66 - Industry AVG
Pay Structure
on an average salary of £21.7k, the company has an equivalent pay structure (£21.7k)
- The Whittling House Limited
£21.7k - Industry AVG
Efficiency
resulting in sales per employee of £50.3k, this is less efficient (£62.1k)
- The Whittling House Limited
£62.1k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is near the average (6 days)
- The Whittling House Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is quicker than average (47 days)
- The Whittling House Limited
47 days - Industry AVG
Stock Days
it holds stock equivalent to 6 days, this is less than average (10 days)
- The Whittling House Limited
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is more cash available to meet short term requirements (9 weeks)
16 weeks - The Whittling House Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.3%, this is a higher level of debt than the average (78.4%)
87.3% - The Whittling House Limited
78.4% - Industry AVG
THE WHITTLING HOUSE LIMITED financials
The Whittling House Limited's latest turnover from January 2024 is estimated at £1.6 million and the company has net assets of £170.1 thousand. According to their latest financial statements, The Whittling House Limited has 32 employees and maintains cash reserves of £357.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| Turnover | |||||
| Other Income Or Grants | |||||
| Cost Of Sales | |||||
| Gross Profit | |||||
| Admin Expenses | |||||
| Operating Profit | |||||
| Interest Payable | |||||
| Interest Receivable | |||||
| Pre-Tax Profit | |||||
| Tax | |||||
| Profit After Tax | |||||
| Dividends Paid | |||||
| Retained Profit | |||||
| Employee Costs | |||||
| Number Of Employees | 32 | 34 | 37 | 11 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| Tangible Assets | 936,441 | 948,520 | 960,054 | 952,585 | 109,487 |
| Intangible Assets | 212 | 423 | 634 | 846 | 846 |
| Investments & Other | |||||
| Debtors (Due After 1 year) | |||||
| Total Fixed Assets | 936,653 | 948,943 | 960,688 | 953,431 | 110,333 |
| Stock & work in progress | 10,807 | 10,571 | 21,925 | 14,750 | |
| Trade Debtors | 25,986 | 27,075 | 21,880 | 23,249 | |
| Group Debtors | |||||
| Misc Debtors | 12,264 | 14,696 | 12,237 | 77,835 | 24,447 |
| Cash | 357,783 | 171,911 | 97,761 | 44,377 | |
| misc current assets | |||||
| total current assets | 406,840 | 224,253 | 153,803 | 160,211 | 24,447 |
| total assets | 1,343,493 | 1,173,196 | 1,114,491 | 1,113,642 | 134,780 |
| Bank overdraft | 1 | ||||
| Bank loan | |||||
| Trade Creditors | 54,000 | 29,414 | 50,716 | 87,538 | 36,152 |
| Group/Directors Accounts | |||||
| other short term finances | |||||
| hp & lease commitments | |||||
| other current liabilities | 1,097,697 | 1,073,896 | 1,078,783 | 1,204,920 | 133,010 |
| total current liabilities | 1,151,697 | 1,103,310 | 1,129,499 | 1,292,459 | 169,162 |
| loans | |||||
| hp & lease commitments | |||||
| Accruals and Deferred Income | |||||
| other liabilities | |||||
| provisions | 21,684 | 10,274 | 4,504 | ||
| total long term liabilities | 21,684 | 10,274 | 4,504 | ||
| total liabilities | 1,173,381 | 1,113,584 | 1,134,003 | 1,292,459 | 169,162 |
| net assets | 170,112 | 59,612 | -19,512 | -178,817 | -34,382 |
| total shareholders funds | 170,112 | 59,612 | -19,512 | -178,817 | -34,382 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 12,079 | 13,792 | 15,044 | 5,886 | |
| Amortisation | 211 | 211 | 212 | ||
| Tax | |||||
| Stock | 236 | -11,354 | 7,175 | 14,750 | |
| Debtors | -3,521 | 7,654 | -66,967 | 76,637 | 24,447 |
| Creditors | 24,586 | -21,302 | -36,822 | 51,386 | 36,152 |
| Accruals and Deferred Income | 23,801 | -4,887 | -126,137 | 1,071,910 | 133,010 |
| Deferred Taxes & Provisions | 11,410 | 5,770 | 4,504 | ||
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | |||||
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | |||||
| Group/Directors Accounts | |||||
| Other Short Term Loans | |||||
| Long term loans | |||||
| Hire Purchase and Lease Commitments | |||||
| other long term liabilities | |||||
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 185,872 | 74,150 | 53,384 | 44,377 | |
| overdraft | -1 | 1 | |||
| change in cash | 185,872 | 74,150 | 53,385 | 44,376 |
the whittling house limited Credit Report and Business Information
The Whittling House Limited Competitor Analysis
Perform a competitor analysis for the whittling house limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in TD15 area or any other competitors across 12 key performance metrics.
the whittling house limited Ownership
THE WHITTLING HOUSE LIMITED group structure
The Whittling House Limited has no subsidiary companies.
Ultimate parent company
1 parent
THE WHITTLING HOUSE LIMITED
12108904
the whittling house limited directors
The Whittling House Limited currently has 2 directors. The longest serving directors include Mr Thomas Leslie (Jul 2019) and Mr Richard Sim (Nov 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Thomas Leslie | United Kingdom | 32 years | Jul 2019 | - | Director |
| Mr Richard Sim | England | 56 years | Nov 2019 | - | Director |
P&L
January 2024turnover
1.6m
+6%
operating profit
133.4k
0%
gross margin
62.7%
+1.76%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
170.1k
+1.85%
total assets
1.3m
+0.15%
cash
357.8k
+1.08%
net assets
Total assets minus all liabilities
the whittling house limited company details
company number
12108904
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
56101 - Licensed restaurants
incorporation date
July 2019
age
6
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
RENNIE WELCH LLP
auditor
-
address
halidon house, 17d windmill way west, berwick upon tweed, northumberland, TD15 1TB
Bank
-
Legal Advisor
-
the whittling house 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 the whittling house limited.
the whittling house 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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the whittling house limited Companies House Filings - See Documents
| date | description | view/download |
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