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What a buyer sees

GILCHRIST STEELS LIMITED

Manufacture of other fabricated metal products n.e.c. · Glasgow · SC059522

13staff · FY2025
50years trading
64oldest owner on file
£79kcash at bank

Nobody can see what you turn over

5.8× spread
£644k
£3.7M

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

What your filings show moving

Staff13
202113 → 132025
Cash at bank£79k
2021£208k → £79k2025

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£80,443£190,781£597,990
Debtor daysdaysnot on your filings
366288
Creditor daysdaysnot on your filings
133671
Stock daysdaysnot on your filings
1038101

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 £644k and £3.7M. An opening offer is built on the low end of whatever they guess.
  • A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
  • 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 2

  • 50 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
  • A board that has been together ten years or moreContinuity a buyer does not have to take on trust.

What the register says

Owners

  • 64since 2016
  • 35since 2016

Directors

  • 64since 2016
  • 35since 2016
Accounts on public record
Year toFiledTurnoverStaffCash
2025-10-312026-07-04not filed13£79k
2023-10-31—not filed12£342k
2022-10-31—not filed13£309k
2021-10-31—not filed13£208k

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.