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What a buyer sees

WATERSIDE HOTELS LIMITED

Hotels and similar accommodation · Norwich · 04683522

47staff · FY2023
23years trading
68oldest owner on file
£485kcash at bank

Nobody can see what you turn over

7.1× spread
£252k
£1.8M

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

What your filings show moving

Staff47
202130 → 472023
Cash at bank£485k
2021£532k → £485k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£29,898£61,265£204,705
Debtor daysdaysnot on your filings
71368
Creditor daysdaysnot on your filings
1023117
Stock daysdaysnot on your filings
4634

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 £252k and £1.8M. An opening offer is built on the low end of whatever they guess.
  • The newest accounts on file are 38 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

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

What the register says

Owners

  • 68since 2017

Directors

  • 68since 2015
  • 33since 2023
Accounts on public record
Year toTurnoverStaffCash
2023-06-30not filed47£485k
2022-06-30not filed47£514k
2021-06-30not filed30£532k

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.