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What a buyer sees

NORTH & WESTERN LANCASHIRE CHAMBER OF COMMERCE

Activities of other membership organizations n.e.c. · Preston · 00145454

15staff · FY2023
110years trading
—oldest owner on file
£1.3Mcash at bank

Nobody can see what you turn over

11.6× spread
£276k
£3.2M

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: 3 figures against 58 companies in the same trade. An opening offer is built on the bottom of it.

What your filings show moving

Staff15
202118 → 152023
Cash at bank£1.3M
2021£1.1M → £1.3M2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£13,305£44,875£250,941
Debtor daysdaysnot on your filings
1042161
Creditor daysdaysnot on your filings
92494
Stock daysdaysnot on your filings
71499

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 5

  • 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 £276k and £3.2M. An opening offer is built on the low end of whatever they guess.
  • The newest accounts on file are 32 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
  • Headcount fell from 18 to 15A 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

  • 110 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 79since 1995
  • 72since 1998
  • 71since 2001
  • 59since 2010
  • 81since 2010
  • 63since 2011
  • 70since 2016
  • 63since 2016
  • 65since 2017
  • since 2017
  • 71since 2019
  • 43since 2026
  • 36since 2026
  • 63since 2026
Accounts on public record
Year toTurnoverStaffCash
2023-12-31not filed15£1.3M
2022-12-31not filed18£1.0M
2021-12-31not filed18£1.1M

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.