D Whittaker & Co Limited

D Whittaker & Co Ltd, based in Darwen, UK, is a small, active family business founded seventeen years ago. Employing eighty-nine people and holding assets of £1,291,425, the company operates from a real address and is managed by four directors and two owners. It runs an e-commerce site and regularly imports clothing and accessories (excluding knitted or crocheted items), with sixty months of import activity recorded.

The company’s core business revolves around the retail sale of clothing in specialised stores. It’s a relatively small operation, meeting two of three conditions to be classified as such: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than fifty employees. The website is not available, so it’s difficult to know how much of the business is online.

Financially, D Whittaker & Co Ltd presents a mixed picture. Current assets increased by 13% to £1,300,000, while net assets remained steady at £1,300,000. Bank borrowings decreased by 48%, reaching £72,000, and cash reserves increased by 33% to £540,000. Creditors decreased by 48%, suggesting improved debt management. However, the company’s net deferred tax liability increased significantly, by 55000. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company’s financial trends suggest a period of stabilisation. While the decrease in bank borrowings and increase in cash reserves are positive signs, the increase in deferred tax liabilities warrants further investigation. It's likely that the company is managing its finances well, but the long-term sustainability of its business model remains to be seen.

Registered in England/Wales under the registration number 06518353, with a registered address at BB3 0DH, England, Darwen, Unit 1 The White Warehouse, Commercial Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.