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What a buyer sees

G C BATTERY WORKS LTD

Other retail sale in non-specialised stores · Enniskillen · NI677366

6staff · FY2024
5years trading
58oldest owner on file
£99kcash at bank

Nobody can see what you turn over

6.5× spread
£304k
£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: 4 figures against 76 companies in the same trade. An opening offer is built on the bottom of it.

What your filings show moving

Staff6
20227 → 62024
Cash at bank£99k
2022£115k → £99k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£12,743£42,800£180,348
Debtor daysdaysnot on your filings
82777
Creditor daysdaysnot on your filings
922138
Stock daysdaysnot on your filings
1264245

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 £304k 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.
  • Headcount fell from 7 to 6A 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 0

Nothing stands out yet from the filings alone.

What the register says

Owners

  • 52since 2021
  • 58since 2021

Directors

  • 52since 2021
  • 30since 2021
  • 58since 2021
Accounts on public record
Year toTurnoverStaffCash
2024-03-31not filed6£99k
2023-03-31not filed7£130k
2022-03-31not filed7£115k

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.