← Look up another company

What a buyer sees

P I B CONTRACTORS LTD

Development of building projects · Watford · 05088847

19staff · FY2024
22years trading
—oldest owner on file
£5.0Mcash at bank

Nobody can see what you turn over

7.7× spread
£10M
£78M

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

What your filings show moving

Staff19
202221 → 192024
Cash at bank£5.0M
2022£4.2M → £5.0M2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£58,215£454,148£1,404,438
Debtor daysdaysnot on your filings
123488
Creditor daysdaysnot on your filings
113273
Stock daysdaysnot on your filings
942471

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 3

  • 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 £10M and £78M. 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.
  • 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 3

  • 22 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
  • Headcount grew from 17 to 19Growth a buyer can verify without asking you for anything.
  • A board that has been together ten years or moreContinuity a buyer does not have to take on trust.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 47since 2004
  • 39since 2014
  • 40since 2015
Accounts on public record
Year toTurnoverStaffCash
2024-03-31not filed19£5.0M
2023-03-31not filed17£6.5M
2022-03-31£33M21£4.2M

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.