How much does Whites Material Handling Limited make?

Whites Material Handling Limited reported revenue of £10.9m and a loss of £653k in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Whites Material Handling Limited have?

Whites Material Handling Limited reported an average of 71 employees in the year to 31 Mar 2025.

Is Whites Material Handling Limited profitable?

No — Whites Material Handling Limited reported a loss of £653k in the year to 31 Mar 2025.

Company No. 01248229 · Incorporated 10 Mar 1976

Whites Material Handling Limited

Registered name: WHITES MATERIAL HANDLING LIMITED

Whites Material Handling Limited made £10.9m revenue and a £653k loss in the year to 31 Mar 2025.

Whites Material Handling Limited’s revenue fell 5% to £10.9m in the year to 31 Mar 2025, with a loss of £653k and 71 employees. The company is classified under “manufacture of lifting and handling equipment” and is based in Warmley; we hold 4 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 28220Manufacture of lifting and handling equipment SIC 28922Manufacture of earthmoving equipment

Status: Active
Location: Warmley, South West
Age: 50 yrs · since 1976
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “F & B Profiles Limited”

Latest accounts · year to 31 Mar 2025

Key figures

Capital-light

Revenue

£10.9m

Growth ▼4.8%

Profit

−£653k

Growth —

Profit margin

−6%

Gross 15%

Employees

Change ▼7.8%

Profit / employee

−£9.2k

Revenue/employee £154k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023	31 Mar 2024	31 Mar 2025
Disclosure	Full P&L	Full P&L	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£11m	£12.4m	£11.5m	£10.9m
Cost of sales	£8.5m	£9.7m	£9.4m	£9.3m
Gross profit	£2.5m	£2.8m	£2m	£1.6m
Profit before tax	£521k	£331k	−£648k	−£973k
Profit after tax	£438k	£332k	−£438k	−£653k
Profit (best available)	£438k	£332k	−£438k	−£653k
Staff costs	£2.7m	£2.7m	£3.1m	£3m
Employees (average)	74	69	77	71
Ratios
Profit margin	4%	2.7%	−3.8%	−6%
Gross margin	22.7%	22.2%	17.8%	15%
Revenue per employee	£149k	£180k	£149k	£154k
Profit per employee	£5.9k	£4.8k	−£5.7k	−£9.2k
Growth (year on year)
Revenue growth	—	▲12.9%	▼7.7%	▼4.8%
Profit growth	—	▼24.3%	▼231.9%	—
Headcount growth	—	▼6.8%	▲11.6%	▼7.8%
Balance sheet — indirect signals, not revenue
Cash at bank	£1.1m	£892k	£434k	£850k
Net assets	£3.6m	£3.9m	£3.5m	£2.9m
Fixed assets	£493k	£725k	£637k	£568k
Current assets	£6.5m	£7.4m	£6.2m	£6.3m
Debtors	£2m	£2.2m	£1.7m	£2m
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: −6%; Profit ÷ revenue.
Gross margin: 15%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £154k; Revenue ÷ average employees.
Profit per employee: −£9.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 5.2%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 18.2%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▼19%; Now £2.9m
Cash at bank: ▲96%; Now £850k
Headcount: ▼8%; Now 71
Deferred income: —; Now —
Fixed assets: ▼11%; Now £568k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£653k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.