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What a buyer sees

PYRAMID PLASTICS UK LIMITED

Manufacture of other plastic products · Gainsborough · 01928992

16staff · FY2023
41years trading
69oldest owner on file
£189kcash at bank

Nobody can see what you turn over

10.7× spread
£264k
£2.8M

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 150 companies in the same trade. An opening offer is built on the bottom of it.

What your filings show moving

Staff16
202114 → 162023
Cash at bank£189k
2021£147k → £189k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£73,870£147,705£384,440
Debtor daysdaysnot on your filings
295683
Creditor daysdaysnot on your filings
133155
Stock daysdaysnot on your filings
163977

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 £264k and £2.8M. 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 1

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

What the register says

Owners

  • 69since 2016
  • 68since 2020

Directors

  • 69since 2009
  • 68since 2009
  • since 2019
  • 35since 2022
  • 30since 2023
Accounts on public record
Year toTurnoverStaffCash
2023-12-31not filed16£189k
2022-12-31not filed15£205k
2021-12-31not filed14£147k

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.