← Look up another company

What a buyer sees

METRO ENGINEERING AND PLATING WORKS LIMITED

Treatment and coating of metals · Uxbridge · 00422946

66staff · FY2023
80years trading
60oldest owner on file
£663kcash at bank

Nobody can see what you turn over

7.1× spread
£1.8M
£13M

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 2,030 companies in the same sector and size. An opening offer is built on the bottom of it.

What your filings show moving

Staff66
202148 → 662023
Cash at bank£663k
2021£1.4M → £663k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£88,871£162,513£362,127
Debtor daysdaysnot on your filings
265687
Creditor daysdaysnot on your filings
143363
Stock daysdaysnot on your filings
1245115

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 £1.8M and £13M. An opening offer is built on the low end of whatever they guess.
  • The newest accounts on file are 33 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 3

  • 80 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
  • Headcount grew from 57 to 66Growth a buyer can verify without asking you for anything.
  • A board that has been together ten years or moreContinuity a buyer does not have to take on trust.

What the register says

Owners

  • 57since 2016
  • 60since 2016

Directors

  • since 1995
  • 87
  • 60
  • 57
Accounts on public record
Year toTurnoverStaffCash
2023-11-30not filed66£663k
2022-11-30not filed57£1.0M
2021-11-30not filed48£1.4M

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.