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What a buyer sees

GRANT WAUGH MEEHAN LTD

Activities of insurance agents and brokers · Leeds · 13168925

3staff · FY2024
5years trading
50oldest owner on file
£66kcash at bank

Nobody can see what you turn over

8.3× spread
£77k
£636k

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

What your filings show moving

Staff3
2022232024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£43,536£108,049£323,950
Debtor daysdaysnot on your filings
1778354
Creditor daysdaysnot on your filings
11110357
Stock daysdaysnot on your filings
655130

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 £77k and £636k. An opening offer is built on the low end of whatever they guess.
  • The newest accounts on file are 30 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 2023
  • 46since 2021

Directors

No current directors loaded.

Accounts on public record
Year toTurnoverStaffCash
2024-02-29not filed3£66k
2023-02-28not filed3
2022-02-28not filed2

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.