T.W. WHITE & SONS LIMITED

1. T.W. WHITE & SONS LIMITED 2007-08-01 → present
2. T.W. WHITE & SONS (G.B.) LIMITED 1985-12-05 → 2007-08-01
3. KEN BARRINGTON (MOTORS) LIMITED 1970-12-14 → 1985-12-05

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Menzies LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The directors continually review the Company's financial performance and position and have prepared forecasts based on historic trends and importantly, assumptions about future sales, cost levels and the timing of cash flows including peak trading months. Based on current forecasts management expect similar levels of turnover and they fully expect to continue to be profitable for a period of 12 months from the date of signing these accounts. The forecasts show that the directors expect the Company to have sufficient cash resources to realise its assets and discharge its liabilities in the normal course of business for the foreseeable future. The group has significant property assets, and these could be further leveraged if necessary. However, the directors do not expect this to be required given recent results and forecasts including the latest management information as at the date of signing these accounts. If the results are lower than expected, the directors have identified non-essential expenditure that can be reduced accordingly to conserve cash. Thus, they continue to adopt the going concern basis in preparing the financial accounts.”

Significant events

• “2024/25 marked a return to the previous years as the supply of new cars outstripped demand meaning far more competition.”
• “The Company added the KGM franchise to a spare empty showroom at Effingham at the end of the financial year.”
• “The company owns the freehold of their Orpington site. Previously, part of the site was leased out to another company but that lease has been terminated and we have now renovated the ground floor of this building for use as an additional showroom.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +3.9%

  £52,895,049 → £54,949,857

  highest in 3 filed years

• Cash

  -20.3%

  £391,503 → £311,841

• Net assets

  -4.4%

  £2,964,299 → £2,835,285

  lowest in 3 filed years

• Employees

  0%

  86 → 86

• Operating profit

  +86.6%

  £638,293 → £1,190,762

  highest in 3 filed years

• Profit before tax

  +216.7%

  £239,005 → £757,008

  highest in 3 filed years

• Wages

  +9.6%

  £3,361,973 → £3,685,923

  highest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers