What a buyer sees
ROY DYKE ELECTRICAL LIMITED
Electrical installation · Bilston · 03652010
7staff · FY2025
28years trading
57oldest owner on file
£189kcash at bank
Nobody can see what you turn over
11.9× spread£33k£398k
You file abbreviated accounts, as almost every company your size does, so the profit and loss account is not on public record. That band is what your balance sheet implies to anyone who looks: 4 figures against 136 companies in the same trade and size. An opening offer is built on the bottom of it.
What your filings show moving
Staff7
20218 → 72025
Cash at bank£189k
2021£125k → £189k2025
How you sit in your trade
slowest tenth typical fastest tenth youSales per employeenot on your filings
£19,433£68,656£187,220
Debtor daysdaysnot on your filings
103794
Creditor daysdaysnot on your filings
82479
Stock daysdaysnot on your filings
837136
Each spread is companies in the same trade and size that did publish a turnover. Creditor days are shown but not marked: neither end of that one is plainly good.
What a buyer would ask 3
- Your turnover is not on fileYou file abbreviated accounts, as most companies your size do, so a buyer cannot see what the business turns over and has to estimate it. Working only from what you filed, the range lands between £33k and £398k. An opening offer is built on the low end of whatever they guess.
- Headcount fell from 11 to 7A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
- No website on file against the companyThe first thing anyone does with a company number is look for the business behind it. Finding nothing is its own answer.
What a buyer would like 1
- 28 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
What the register says
Owners
- 57since 2016
Directors
- 57since 2015
- since 2020
- 33since 2020
| Year to | Filed | Turnover | Staff | Cash |
|---|---|---|---|---|
| 2025-10-31 | 2026-08-01 | not filed | 7 | £189k |
| 2023-10-31 | — | not filed | 11 | £196k |
| 2022-10-31 | — | not filed | 8 | £173k |
| 2021-10-31 | — | not filed | 8 | £125k |