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What a buyer sees

TURKS FLOORING LTD

Retail sale of carpets, rugs, wall and floor coverings in specialised stores · Ashford · 10354908

6staff · FY2023
10years trading
65oldest owner on file
£33kcash at bank

Nobody can see what you turn over

7.6× spread
£44k
£332k

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: 4 figures against 1,141 companies in the same sector and size. An opening offer is built on the bottom of it.

What your filings show moving

Staff6
2021762023
Cash at bank£33k
2021£71k£33k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£19,007£90,760£837,682
Debtor daysdaysnot on your filings
1042130
Creditor daysdaysnot on your filings
929126
Stock daysdaysnot on your filings
1051263

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 £44k and £332k. An opening offer is built on the low end of whatever they guess.
  • The newest accounts on file are 35 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 7 to 6A 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

  • 35since 2016
  • 65since 2025

Directors

  • 35since 2016
Accounts on public record
Year toTurnoverStaffCash
2023-09-30not filed6£33k
2022-09-30not filed7£36k
2021-09-30not filed7£71k

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.