Whites Material Handling Limited

Whites Material Handling Ltd, based in Warmley, UK, is a large, active company established 49 years ago. Employing 74 people and boasting assets of £7,441,386, the firm generates £12,419,447 in yearly revenue. With two directors and one owner, and a respectable Google rating of 4.0 from three reviews, it's a well-established player in its field. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts, with 101 months of import activity and 14 months of export activity recorded.

The company specializes in the design and manufacture of buckets and attachments for loading machines, proudly declaring itself a market leader in excavator buckets. Its website highlights a wide range of products, including bucket brushes, fork positioners, and shear grabs, catering to diverse industries. Whites Material Handling even boasts OEM-approved designs and a focus on innovation, with a manufacturing heritage and “MADE IN BRITAIN” status. The company operates five factories in Bristol, utilizing robot welding and laser cutting facilities.

Financially, Whites Material Handling Ltd shows a mixed picture. Current assets have decreased by 16% to £6,200,000, while net assets have fallen 10% to £3,600,000. Bank borrowings have increased by a significant 2,400%, reaching £29,000, and cash reserves have dropped 51% to £430,000. However, creditors have decreased by 35%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, with turnover of £11,000,000, assets of £7,441,386, and 74 employees. The audit firm, PKF Francis Clark, has given the company a clean opinion.

The decrease in cash reserves and increase in bank borrowings could indicate a period of investment or expansion, or it could signal tighter margins. The company’s focus on high-quality, British-made products, and its strong OEM relationships, are likely key factors in its long-term success.

Registered in England/Wales under the registration number 01248229, with a registered address at BS30 5LW, Warmley, Bristol, C/O Precision Profiles, Southway Drive.

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