What a buyer sees
BRIDGEND HIRE LIMITED
Renting and leasing of construction and civil engineering machinery and equipment · Glasgow · SC201236
5staff · FY2024
27years trading
—oldest owner on file
£18kcash at bank
Nobody can see what you turn over
8.6× spread£71k£612k
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 61 companies in the same trade. An opening offer is built on the bottom of it.
What your filings show moving
Staff5
202114 → 52024
Cash at bank£18k
2021£380k → £18k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employeenot on your filings
£114,646£198,081£570,143
Debtor daysdaysnot on your filings
286189
Creditor daysdaysnot on your filings
1331102
Stock daysdaysnot on your filings
631250
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 £71k and £612k. An opening offer is built on the low end of whatever they guess.
- The last accounts went in 18 months after year endThe allowance is nine. A buyer reads a late filing as a question about the finance function rather than about the trading.
- The newest accounts on file are 20 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- Headcount fell from 21 to 5A 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
- 27 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
- 46since 2021
- 52since 2024
| Year to | Filed | Turnover | Staff | Cash |
|---|---|---|---|---|
| 2024-12-31 | 2026-07-22 | not filed | 5 | £18k |
| 2023-12-31 | — | not filed | 21 | £152k |
| 2022-12-31 | — | not filed | 25 | £202k |
| 2021-07-31 | — | not filed | 14 | £380k |