T H White Machinery Imports Limited

Th White Machinery Imports Ltd from Wilts UK: a large company, holding company, active status, founded 39 years ago, with 11 employees, boasts £4,602,769 in assets and a yearly revenue of £4,401,140. It has a real address, four directors, one owner, and a stellar 5.0 Google rating based on one review. The company regularly imports machinery, boilers, and mechanical appliances; parts (6 months imported).

The company operates as a holding company, providing a range of agricultural, construction, and groundcare services. Its website highlights divisions including Agriculture, Projects, Groundcare, Dairy, and Machinery Imports. It's clear that Th White isn’s just about importing; it’s a multifaceted business with a strong emphasis on engineering services and customer support. The website also features an online store, offering direct-to-door access to parts, clothing, and sundries—a modern touch for a company with such a long history. They even have a Palfinger UK division, specializing in lorry cranes.

Financially, Th White Machinery Imports Ltd has seen some interesting shifts. While cash and cash equivalents have increased dramatically by 710%, jumping to £450,000, net assets have decreased by 8.1% to £270,000. Bank borrowings have also increased significantly, by 130%, reaching £4 million. This suggests the company may be leveraging debt to fuel growth or manage working capital. Trade debtors have also risen by 18%, which could indicate a change in credit policies or delayed customer payments. Despite this, creditors have decreased by 13%, a positive sign of improved debt management. The company meets the criteria to be considered a large company, having turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The accounts are audited by Bishop Fleming LLP.

Overall, Th White Machinery Imports Ltd appears to be a stable, established business navigating a dynamic market. The increase in debt and the decrease in net assets are worth monitoring, but the company’s diverse operations and strong Google rating suggest a resilient business model.

Registered in England/Wales under the registration number 01916864, with a registered address at SN10 3EA, Wilts, Nursteed Road, Devizes.

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