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What a buyer sees

E.W. CROWTHER LIMITED

Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store · Nettleham Lincoln · 04590346

10staff · FY2024
24years trading
64oldest owner on file
£54kcash at bank

Nobody can see what you turn over, including us

unknowable
?
?

We size companies from the rest of the balance sheet. For this one, what you have filed does not narrow it to anything worth quoting, and we would rather say so than put a number here. That is the position every buyer looking at you is in, and they price uncertainty rather than ask about it.

What your filings show moving

Staff10
202210102024
Cash at bank£54k
2022£85k£54k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£41,236£153,377£363,317
Debtor daysdaysnot on your filings
154790
Creditor daysdaysnot on your filings
92281
Stock daysdaysnot on your filings
1258209

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 5

  • 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. An opening offer is built on the low end of whatever they guess.
  • The newest accounts on file are 29 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • Everyone on the board is over 60There is no one on the register a buyer can see taking the business on. That is a discount if it stays that way and a negotiating point if it changes.
  • 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 3

  • 24 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
  • Headcount grew from 9 to 10Growth 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

  • 64since 2016
  • 63since 2016

Directors

  • since 2002
  • 64since 2002
Accounts on public record
Year toTurnoverStaffCash
2024-03-31not filed10£54k
2023-03-31not filed9£65k
2022-03-31not filed10£85k

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.