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What a buyer sees

RACELINE DESIGN LIMITED

Sale of other motor vehicles · Bristol · 08854783

16staff · FY2024
12years trading
61oldest owner on file
£216kcash 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

Staff16
202217 → 162024
Cash at bank£216k
2022£1.9M → £216k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£336,913£806,870£1,935,113
Debtor daysdaysnot on your filings
122174
Creditor daysdaysnot on your filings
1142120
Stock daysdaysnot on your filings
3682242

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. 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.
  • 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.
  • A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
  • Headcount fell from 19 to 16A 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

  • 61since 2017
  • 59since 2017

Directors

  • 59since 2014
Accounts on public record
Year toTurnoverStaffCash
2024-03-31not filed16£216k
2023-03-31not filed19£1.1M
2022-03-31not filed17£1.9M

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.