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What a buyer sees

OLIVERS LOUNGE LIMITED

Public houses and bars · Glasgow · SC295724

17staff · FY2024
20years trading
51oldest owner on file
—cash at bank

Nobody can see what you turn over

11.8× spread
£168k
£2.0M

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: 1 figure against 83 companies in the same trade and size. An opening offer is built on the bottom of it.

What your filings show moving

Staff17
202221 → 172024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£14,180£33,885£65,758
Debtor daysdaysnot on your filings
71882
Creditor daysdaysnot on your filings
92146
Stock daysdaysnot on your filings
5717

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 £168k and £2.0M. An opening offer is built on the low end of whatever they guess.
  • The newest accounts on file are 29 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • 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 2

  • 20 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
  • Headcount grew from 11 to 17Growth a buyer can verify without asking you for anything.

What the register says

Owners

  • 50since 2020
  • 51since 2020

Directors

  • 50since 2008
  • 51since 2020
Accounts on public record
Year toTurnoverStaffCash
2024-03-31not filed17—
2023-03-31not filed11—
2022-03-31not filed21—

Prepared by Qapital from public records, against 105,750 companies that did publish a turnover. No figure here was supplied by the company and none of it is advice. What it is missing is everything that actually sets a price: profitability, contracts, customer concentration, and whoever would run it next.

Close the gap

The range above exists because your turnover is not on public record. Tell us what it actually is and we will place you exactly against your trade, and send it back.

Goes to one inbox. No list, no sequence, and we will not pass it on. We buy companies as well as advise on them, so if yours is one we would be interested in, we will tell you that before anything else happens.