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What a buyer sees

POWER FIXINGS LTD

Wholesale of wood, construction materials and sanitary equipment · Bristol · 10801813

13staff · FY2023
9years trading
76oldest owner on file
£329kcash at bank

Nobody can see what you turn over

5.1× spread
£874k
£4.5M

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

What your filings show moving

Staff13
202114132023
Cash at bank£329k
2021£215k£329k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£298,784£534,087£1,466,130
Debtor daysdaysnot on your filings
265677
Creditor daysdaysnot on your filings
83270
Stock daysdaysnot on your filings
1243132

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 £874k and £4.5M. 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.
  • 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

  • 50since 2017
  • 50since 2017
  • 52since 2017
  • 71since 2017
  • 53since 2017
  • 76since 2017
  • 29since 2017
  • 28since 2017

Directors

  • 50since 2017
  • 50since 2017
  • 53since 2017
  • 29since 2017
  • 52since 2017
  • 71since 2017
  • 76since 2017
  • 28since 2017
Accounts on public record
Year toTurnoverStaffCash
2023-12-31not filed13£329k
2022-12-31not filed14£264k
2021-12-31not filed14£215k

A rough bracket, and why it is only that

0.350.55× sales
£310k
£2.5M

The turnover range is fitted on UK companies that did file one. The multiple is a published sector average from Dutch mid-market deals, not from your own numbers and not from your own market. Treat this as the opening bracket of a conversation, not a valuation.

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.