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What a buyer sees

ETICO GROUP LIMITED

Administration of financial markets · Northampton · 05942713

59staff · FY2022
20years trading
64oldest owner on file
£41kcash at bank

Nobody can see what you turn over

7.4× spread
£2.7M
£20M

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

What your filings show moving

Staff59
202181 → 592022
Cash at bank£41k
2021£52k → £41k2022

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£58,281£126,361£389,887
Debtor daysdaysnot on your filings
1142221
Creditor daysdaysnot on your filings
835271
Stock daysdaysnot on your filings
637132

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 6

  • 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 £2.7M and £20M. An opening offer is built on the low end of whatever they guess.
  • The newest accounts on file are 47 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.
  • Headcount fell from 81 to 59A 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

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

What the register says

Owners

  • 64since 2017
  • 62since 2016

Directors

  • 62since 2006
Accounts on public record
Year toTurnoverStaffCash
2022-09-30not filed59£41k
2021-09-30not filed81£52k

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.