WHITES MATERIAL HANDLING LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -4.8%

  £11,457,860 → £10,911,424

• Cash

  +95.8%

  £434,412 → £850,395

• Net assets

  -18.6%

  £3,511,454 → £2,858,155

• Employees

  -7.8%

  77 → 71

• Operating profit

  -49.3%

  -£651,601 → -£972,606

• Profit before tax

  -50%

  -£648,155 → -£972,542

• Wages

  -3.4%

  £2,751,041 → £2,657,390

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. WHITES MATERIAL HANDLING LIMITED 1993-03-19 → present
2. PRECISION PRODUCTS LIMITED 1990-04-10 → 1993-03-19
3. F. & B. PROFILES LIMITED 1976-03-10 → 1990-04-10

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.”

Significant events

• “As has been the case for the sector as a whole, the year to 31 March 2025 was a challenging one for the business as a result of the uncertainty in the British and European economies due to a combination of the impact of elections in the UK and US and the ongoing conflicts in Ukraine and the Middle East. Furthermore, the company has not been immune from the inflationary economic environment, in terms of both raw materials and both production and administrative costs that has impacted UK manufacturing as a whole. As a result, turnover and margin reduced versus the prior year, however no significant customers were lost. As a result, and despite ongoing strong control of costs, the above conditions have resulted in the company reporting a pre tax loss of £972,542 (2024 - £648,155).”
• “Whilst the results for the year ended 31 March 2025 are disappointing, the director was always confident that an upturn in the market and consequent return to profitability would occur and kept a consistent workforce in place, and continued to invest in new fixed assets in anticipation of that happening. Continued investment during the year in new product development and innovation will also bear fruit in future periods. Results did improve towards the end of the financial year, with a return to month on month profitability in the final quarter of the financial year. This has continued into the current financial year, with the current order book now back at historic profit-generating levels. As a result the director is satisfied with the result for the year, and looks forward to reporting a profit for the year ended 31 March 2026.”
• “Steel prices have, once again, fluctuated during the year. The company closely monitors the steel market and prepares for anticipated prices changes by altering stock levels. In addition, the company's gross profit margin is under constant review and where possible any input price increase is passed on.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.