White Rose Trading CIC

Active09899636Wholesale & retailIncorporated 2 Dec 2015 · Nottingham

White Rose operates a network of charity shops specialising in pre-loved fashion. As a viable alternative to fast fashion, this model generates environmental, employment, and community benefits. It strengthens local communities and reduces climate change, creating surplus net income to support the charitable activities and peacebuilding work of Aegis Trust in areas affected by conflict. In addition, White Rose helps to bring life back to high streets, as many of its new shops were previously closed retail units. Many customers describe White Rose as a destination brand, with a high proportion of young people as its customers. Until the end of 2024, the Directors were committed to a business strategy initiated in 2020 to achieve critical mass in its retail operations. New shops were opened reaching a total of 18. During the year, the business collected circa 330 tonnes of recycled clothing, similar to the prior year, helping to reduce landfill waste and CO2 emissions. White Rose also made an important contribution to generating employment, with just over 200 volunteers registered at the end of the year.

Revenue

£2.4m

▲ +60.6% vs prior ~12m period

Profit after tax

-£106k

Margin -2.8%

Employees

71

▼ -10.1% vs prior ~12m period

Net assets

-£1.1m

Total assets £849k

Financial history

Revenue by accounting period

6 periods available · ▲ growth ▼ decline

Dec 2019
£864k
Dec 2020
£854k▼ -1.2%
Dec 2021
£1.5m▲ +77.7%
Dec 2022
£2.4m▲ +60.6%
Dec 2023
Not available
Dec 2024
Not available
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Dec 2024———71-£1.1m
31 Dec 2023———79-£547k
31 Dec 2022£2.4m▲ +60.6%-£106k89-£465k
31 Dec 2021£1.5m▲ +77.7%-£190k70-£359k
31 Dec 2020£854k▼ -1.2%-£121k38-£169k
31 Dec 2019£864k—£6k25-£48k

Latest available figures

Period ending 31 Dec 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£2.4m
Gross profit
£2.3m
Operating profit
-£68k
Profit before tax
-£106k
Profit after tax
-£106k

Balance sheet

Total assets
£849k
Cash
£7k
Total liabilities
£1.9m
Net assets
-£1.1m
Revenue per employee
Not available

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