a f white manufacturers limited
a f white manufacturers limited Company Information
Company Number
NI632611
Next Accounts
Dec 2025
Industry
Manufacture of other textiles n.e.c.
Shareholders
agnes fleming white
norman white
View AllGroup Structure
View All
Contact
Registered Address
18a drumhirk road, comber, newtownards, down, BT23 5LY
Website
www.afwhiteclothing.coma f white manufacturers limited Estimated Valuation
Pomanda estimates the enterprise value of A F WHITE MANUFACTURERS LIMITED at £4.2m based on a Turnover of £6.3m and 0.67x industry multiple (adjusted for size and gross margin).
a f white manufacturers limited Estimated Valuation
Pomanda estimates the enterprise value of A F WHITE MANUFACTURERS LIMITED at £7.4m based on an EBITDA of £1.6m and a 4.77x industry multiple (adjusted for size and gross margin).
a f white manufacturers limited Estimated Valuation
Pomanda estimates the enterprise value of A F WHITE MANUFACTURERS LIMITED at £11.2m based on Net Assets of £5.3m and 2.12x industry multiple (adjusted for liquidity).
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A F White Manufacturers Limited Overview
A F White Manufacturers Limited is a live company located in newtownards, BT23 5LY with a Companies House number of NI632611. It operates in the manufacture of other textiles n.e.c. sector, SIC Code 13990. Founded in July 2015, it's largest shareholder is agnes fleming white with a 26% stake. A F White Manufacturers Limited is a established, mid sized company, Pomanda has estimated its turnover at £6.3m with rapid growth in recent years.
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A F White Manufacturers Limited Health Check
Pomanda's financial health check has awarded A F White Manufacturers Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £6.3m, make it smaller than the average company (£12.8m)
- A F White Manufacturers Limited
£12.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 68%, show it is growing at a faster rate (3.6%)
- A F White Manufacturers Limited
3.6% - Industry AVG
Production
with a gross margin of 28.3%, this company has a comparable cost of product (28.3%)
- A F White Manufacturers Limited
28.3% - Industry AVG
Profitability
an operating margin of 24.5% make it more profitable than the average company (2.3%)
- A F White Manufacturers Limited
2.3% - Industry AVG
Employees
with 9 employees, this is below the industry average (65)
9 - A F White Manufacturers Limited
65 - Industry AVG
Pay Structure
on an average salary of £30.9k, the company has an equivalent pay structure (£30.9k)
- A F White Manufacturers Limited
£30.9k - Industry AVG
Efficiency
resulting in sales per employee of £696.9k, this is more efficient (£150.7k)
- A F White Manufacturers Limited
£150.7k - Industry AVG
Debtor Days
it gets paid by customers after 93 days, this is later than average (43 days)
- A F White Manufacturers Limited
43 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (41 days)
- A F White Manufacturers Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 180 days, this is more than average (110 days)
- A F White Manufacturers Limited
110 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 90 weeks, this is more cash available to meet short term requirements (24 weeks)
90 weeks - A F White Manufacturers Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.2%, this is a lower level of debt than the average (46.6%)
14.2% - A F White Manufacturers Limited
46.6% - Industry AVG
A F WHITE MANUFACTURERS LIMITED financials
A F White Manufacturers Limited's latest turnover from March 2024 is estimated at £6.3 million and the company has net assets of £5.3 million. According to their latest financial statements, A F White Manufacturers Limited has 9 employees and maintains cash reserves of £1.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 9 | 8 | 8 | 8 | 10 | 10 | 9 | 8 | 8 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 734,871 | 484,154 | 499,782 | 532,682 | 541,900 | 553,459 | 540,343 | 549,120 | 540,343 |
| Intangible Assets | 669 | 5,649 | 10,840 | 12,841 | 11,782 | 7,030 | 11,470 | 15,910 | 20,350 |
| Investments & Other | 50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 785,540 | 539,803 | 510,622 | 545,523 | 553,682 | 560,489 | 551,813 | 565,030 | 560,693 |
| Stock & work in progress | 2,226,829 | 2,732,028 | 947,114 | 1,154,285 | 1,101,822 | 1,252,967 | 1,378,358 | 1,138,010 | 1,133,657 |
| Trade Debtors | 1,606,805 | 1,470,330 | 756,927 | 148,720 | 918,310 | 957,968 | 995,932 | 854,763 | 570,957 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 43,290 | 43,655 | 103,518 | 72,758 | 237,412 | 153,763 | 76,553 | 150,891 | 147,898 |
| Cash | 1,501,600 | 444,789 | 1,074,287 | 352,932 | 286,134 | 539,705 | 245,035 | 39,041 | 26,154 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 5,378,524 | 4,690,802 | 2,881,846 | 1,728,695 | 2,543,678 | 2,904,403 | 2,695,878 | 2,182,705 | 1,878,666 |
| total assets | 6,164,064 | 5,230,605 | 3,392,468 | 2,274,218 | 3,097,360 | 3,464,892 | 3,247,691 | 2,747,735 | 2,439,359 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 33,430 | 72,360 | 261,455 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 206,164 | 413,066 | 136,094 | 72,431 | 299,013 | 219,596 | 258,427 | 166,673 | 214,574 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 658,803 | 709,588 | 275,813 | 171,247 | 936,987 | 1,550,654 | 1,748,928 | 1,845,399 | 1,855,961 |
| total current liabilities | 864,967 | 1,122,654 | 411,907 | 243,678 | 1,236,000 | 1,770,250 | 2,040,785 | 2,084,432 | 2,331,990 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 816 | 3,257 | 3,628 | 6,784 | 0 | 0 | 0 | 0 |
| provisions | 12,317 | 9,476 | 12,912 | 15,100 | 15,221 | 14,334 | 10,506 | 11,408 | 9,878 |
| total long term liabilities | 12,317 | 10,292 | 16,169 | 18,728 | 22,005 | 14,334 | 10,506 | 11,408 | 9,878 |
| total liabilities | 877,284 | 1,132,946 | 428,076 | 262,406 | 1,258,005 | 1,784,584 | 2,051,291 | 2,095,840 | 2,341,868 |
| net assets | 5,286,780 | 4,097,659 | 2,964,392 | 2,011,812 | 1,839,355 | 1,680,308 | 1,196,400 | 651,895 | 97,491 |
| total shareholders funds | 5,286,780 | 4,097,659 | 2,964,392 | 2,011,812 | 1,839,355 | 1,680,308 | 1,196,400 | 651,895 | 97,491 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 20,733 | 21,415 | 34,991 | 35,187 | 24,287 | 24,107 | 15,991 | 16,394 | 4,964 |
| Amortisation | 4,980 | 6,233 | 8,931 | 7,101 | 7,667 | 4,440 | 4,440 | 4,440 | 1,850 |
| Tax | |||||||||
| Stock | -505,199 | 1,784,914 | -207,171 | 52,463 | -151,145 | -125,391 | 240,348 | 4,353 | 1,133,657 |
| Debtors | 136,110 | 653,540 | 638,967 | -934,244 | 43,991 | 39,246 | 66,831 | 286,799 | 718,855 |
| Creditors | -206,902 | 276,972 | 63,663 | -226,582 | 79,417 | -38,831 | 91,754 | -47,901 | 214,574 |
| Accruals and Deferred Income | -50,785 | 433,775 | 104,566 | -765,740 | -613,667 | -198,274 | -96,471 | -10,562 | 1,855,961 |
| Deferred Taxes & Provisions | 2,841 | -3,436 | -2,188 | -121 | 887 | 3,828 | -902 | 1,530 | 9,878 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -816 | -2,441 | -371 | -3,156 | 6,784 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 1,056,811 | -629,498 | 721,355 | 66,798 | -253,571 | 294,670 | 205,994 | 12,887 | 26,154 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -33,430 | -38,930 | -189,095 | 261,455 |
| change in cash | 1,056,811 | -629,498 | 721,355 | 66,798 | -253,571 | 328,100 | 244,924 | 201,982 | -235,301 |
a f white manufacturers limited Credit Report and Business Information
A F White Manufacturers Limited Competitor Analysis
Perform a competitor analysis for a f white manufacturers limited by selecting its closest rivals, whether from the MANUFACTURING sector, other mid companies, companies in BT23 area or any other competitors across 12 key performance metrics.
a f white manufacturers limited Ownership
A F WHITE MANUFACTURERS LIMITED group structure
A F White Manufacturers Limited has no subsidiary companies.
Ultimate parent company
A F WHITE MANUFACTURERS LIMITED
NI632611
a f white manufacturers limited directors
A F White Manufacturers Limited currently has 4 directors. The longest serving directors include Ms Agnes White (Jul 2015) and Mr Norman White (Jul 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Agnes White | Northern Ireland | 82 years | Jul 2015 | - | Director |
| Mr Norman White | Northern Ireland | 79 years | Jul 2015 | - | Director |
| Mr Ernest White | Northern Ireland | 45 years | Nov 2016 | - | Director |
| Mr Norman White | Northern Ireland | 46 years | Nov 2016 | - | Director |
P&L
March 2024turnover
6.3m
+7%
operating profit
1.5m
0%
gross margin
28.3%
-8.07%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
5.3m
+0.29%
total assets
6.2m
+0.18%
cash
1.5m
+2.38%
net assets
Total assets minus all liabilities
a f white manufacturers limited company details
company number
NI632611
Type
Private limited with Share Capital
industry
13990 - Manufacture of other textiles n.e.c.
incorporation date
July 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
18a drumhirk road, comber, newtownards, down, BT23 5LY
Bank
-
Legal Advisor
-
a f white manufacturers 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 a f white manufacturers limited.
a f white manufacturers 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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a f white manufacturers limited Companies House Filings - See Documents
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