What a buyer sees
R. & P. CHAPPELOW LIMITED
Retail sale in non-specialised stores with food, beverages or tobacco predominating · Goole · 00638775
8staff · FY2024
67years trading
61oldest owner on file
£26kcash at bank
Nobody can see what you turn over
6.4× spread£109k£697k
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 37 companies in the same trade and size. An opening offer is built on the bottom of it.
What your filings show moving
Staff8
202211 → 82024
Cash at bank£26k
2022£34k → £26k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employeenot on your filings
£24,473£98,367£213,397
Debtor daysdaysnot on your filings
1042130
Creditor daysdaysnot on your filings
91852
Stock daysdaysnot on your filings
112878
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 7
- 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 £109k and £697k. An opening offer is built on the low end of whatever they guess.
- The newest accounts on file are 30 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- One director on the registerA buyer's first question about a company run by one person is what happens to it if that person stops. It is usually the first thing priced.
- Everyone on the board is over 60There is no one on the register a buyer can see taking the business on. That is a discount if it stays that way and a negotiating point if it changes.
- A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
- Headcount fell from 10 to 8A 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
- 67 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
What the register says
Owners
- 61since 2016
- 59since 2016
Directors
- 61since 1994
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-02-29 | not filed | 8 | £26k |
| 2023-02-28 | not filed | 10 | £30k |
| 2022-02-28 | not filed | 11 | £34k |