← Look up another company

What a buyer sees

KRICKET SOHO LIMITED

Licensed restaurants · London · 10265657

33staff · FY2023
10years trading
oldest owner on file
£62kcash at bank

Nobody can see what you turn over

9.5× spread
£195k
£1.9M

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 122 companies in the same trade and size. An opening offer is built on the bottom of it.

What your filings show moving

Staff33
202072332023
Cash at bank£62k
2020£28k£62k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£16,600£37,923£76,417
Debtor daysdaysnot on your filings
61079
Creditor daysdaysnot on your filings
92383
Stock daysdaysnot on your filings
51228

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 4

  • 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 £195k and £1.9M. 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.
  • Headcount fell from 40 to 33A 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

  • A board that has been together ten years or moreContinuity a buyer does not have to take on trust.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 38since 2016
  • 38since 2016
  • 43since 2016
Accounts on public record
Year toTurnoverStaffCash
2023-12-31not filed33£62k
2023-01-01not filed40£51k
2021-12-31not filed25£27k
2020-12-31not filed72£28k

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.