How much does Whites of Coventry Limited make?

Whites of Coventry Limited reported revenue of £13.6m and £664k profit in the year to 31 Mar 2025, according to its accounts filed at Companies House.

How many employees does Whites of Coventry Limited have?

Whites of Coventry Limited reported an average of 19 employees in the year to 31 Mar 2025.

Is Whites of Coventry Limited profitable?

Yes — Whites of Coventry Limited reported a profit of £664k in the year to 31 Mar 2025.

Company No. 04671329 · Incorporated 19 Feb 2003

Whites of Coventry Limited

Registered name: WHITES OF COVENTRY LIMITED

Part of White's Holding Limited group

Whites of Coventry Limited made £13.6m revenue and £664k profit in the year to 31 Mar 2025.

Whites of Coventry Limited’s revenue fell 3% to £13.6m in the year to 31 Mar 2025, with £664k profit and 19 employees. The company is classified under “wholesale of metals and metal ores” and is based in Coventry; we hold 4 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 46720Wholesale of metals and metal ores

Status: Active
Location: Coventry, West Midlands
Age: 23 yrs · since 2003
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.

Latest accounts · year to 31 Mar 2025

Key figures

Revenue

£13.6m

Growth ▼2.6%

Profit

£664k

Growth —

Profit margin

4.9%

Gross 15.9%

Employees

Change ▲5.6%

Profit / employee

£35k

Revenue/employee £717k

Profitable streak

1yr

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)	£14m	£14.5m	£14m	£13.6m
Cost of sales	£11.3m	£12m	£12.7m	£11.5m
Gross profit	£2.7m	£2.4m	£1.3m	£2.2m
Operating profit	£1.5m	£750k	−£3.2m	£936k
Profit before tax	£1.5m	£746k	−£3.3m	£900k
Profit after tax	£1.2m	£573k	−£3.3m	£664k
Profit (best available)	£1.2m	£573k	−£3.3m	£664k
Staff costs	£462k	£548k	£620k	£669k
Employees (average)	14	15	18	19
Ratios
Profit margin	8.7%	4%	−23.4%	4.9%
Gross margin	19.3%	16.8%	9%	15.9%
Revenue per employee	£998k	£963k	£777k	£717k
Profit per employee	£86.4k	£38.2k	−£182k	£35k
Cash conversion	−81.3%	−82.3%	—	—
Growth (year on year)
Revenue growth	—	▲3.4%	▼3.2%	▼2.6%
Profit growth	—	▼52.6%	▼671.6%	—
Headcount growth	—	▲7.1%	▲20%	▲5.6%
Balance sheet — indirect signals, not revenue
Cash at bank	£747k	£770k	£297k	£604k
Net assets	£5.1m	£5.1m	£1.7m	£2.3m
Fixed assets	£1.7m	£1.5m	£1.7m	£1.6m
Current assets	£4.2m	£4.3m	£1m	£2.6m
Debtors	£539k	£196k	£351k	£412k
Deferred income	—	—	£0	£304k
Cash from operations	−£1.2m	−£618k	—	—
Source	Accounts · bulk data Dec 2023	Accounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2025	FullAccounts · bulk data Dec 2025

Derived from the latest filing

How the business works

Profit margin: 4.9%; Profit ÷ revenue.
Gross margin: 15.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £717k; Revenue ÷ average employees.
Profit per employee: £35k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 11.8%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.2%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 3%; 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: ▲31%; Now £2.3m
Cash at bank: ▲104%; Now £604k
Headcount: ▲6%; Now 19
Deferred income: —; Now £304k
Fixed assets: ▼6%; Now £1.6m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

White's Holding Limitedultimate parent75–100%
Whites of Coventry Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (2)

White's Property LimitedFigures not disclosed
White's Ryton Legion LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £664k), 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.