Whites Carpentry Limited

Whites Carpentry Limited is a small, active family business based in Cambridgeshire, UK, established twenty years ago in 2004. The company, with twelve employees and £775,730 in assets, operates from a real address and is managed by two directors and two owners. It’s a solo-founded enterprise, and while it’s a regular importer of wood and wood products (last importing in 2022), it’s considered an irregular importer.

The company specializes in custom-fitted furniture, offering wardrobes, cabinets, shelving, home office solutions, and entertainment units, all crafted with a focus on traditional, bespoke designs. Their website highlights a commitment to maximizing space and creating storage solutions tailored to individual styles, and features numerous testimonials praising their craftsmanship and knowledge. They even offer an in-house design service and cater to clients in London.

Financially, Whites Carpentry Limited is showing some concerning trends. Current assets have fallen by a significant 37% to £780,000, and net assets have dropped even further, declining 40% to £540,000. Cash reserves have plummeted 99%, leaving just £1,500 remaining. Bank borrowings have increased to £1,800, a small increase, but a change nonetheless. While creditors have decreased by 29%, suggesting improved debt management, the sharp decline in assets and cash raises questions about the company’s financial health. The company meets two of the three criteria to be considered small, with a turnover under £10.2 million and assets under £5.1 million, but the substantial drop in equity is a worrying sign. No auditor is mentioned, indicating it’s likely exempt from an audit as a small company.

Despite the financial pressures, Whites Carpentry Limited appears to be maintaining a strong reputation for quality and customer service, as evidenced by the numerous positive testimonials on their website. Whether they can navigate these financial challenges and sustain their growth remains to be seen.

Registered in England/Wales under the registration number 05181962, with a registered address at SG8 0EF, Cambridgeshire, Clopton Manor Clopton Farm Lower Road, Croydon.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.