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What a buyer sees

CROFT GARAGE LIMITED

Maintenance and repair of motor vehicles · Taunton · 04553930

4staff · FY2023
24years trading
79oldest owner on file
—cash at bank

Nobody can see what you turn over, including us

unknowable
?
?

We size companies from the rest of the balance sheet. For this one, what you have filed does not narrow it to anything worth quoting, and we would rather say so than put a number here. That is the position every buyer looking at you is in, and they price uncertainty rather than ask about it.

What your filings show moving

Staff4
20214 → 42023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£15,916£61,763£114,818
Debtor daysdaysnot on your filings
1034104
Creditor daysdaysnot on your filings
92395
Stock daysdaysnot on your filings
622120

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. 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.
  • The register shows an owner past retirement age and little elseWithout directors on file, a buyer cannot tell who actually runs the business day to day.
  • 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

  • 24 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.

What the register says

Owners

  • 79since 2016

Directors

No current directors loaded.

Accounts on public record
Year toTurnoverStaffCash
2023-12-31not filed4—
2022-12-31not filed4—
2021-12-31not filed4—

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.