What a buyer sees
N & K VARMA LIMITED
Child day-care activities · Walsall · 09951582
12staff · FY2024
10years trading
70oldest owner on file
—cash at bank
Nobody can see what you turn over
6.6× spread£100k£660k
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 40 companies in the same trade and size. An opening offer is built on the bottom of it.
What your filings show moving
Staff12
20229 → 122024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employeenot on your filings
£10,950£21,383£35,497
Debtor daysdaysnot on your filings
92979
Creditor daysdaysnot on your filings
71543
Stock daysdaysnot on your filings
520103
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 £100k and £660k. 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 1
- A board that has been together ten years or moreContinuity a buyer does not have to take on trust.
What the register says
Owners
- 70since 2021
Directors
- since 2016
- 35since 2016
- 39since 2016
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | not filed | 12 | — |
| 2023-03-31 | not filed | 11 | — |
| 2022-03-31 | not filed | 9 | — |