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What a buyer sees

GORRINGE PLANT LIMITED

Site preparation · Heathfield · 03816091

9staff · FY2024
27years trading
70oldest owner on file
£382kcash at bank

Nobody can see what you turn over

10.5× spread
£104k
£1.1M

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

What your filings show moving

Staff9
2022992024
Cash at bank£382k
2022£214k£382k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£113,647£226,714£795,637
Debtor daysdaysnot on your filings
1035126
Creditor daysdaysnot on your filings
153146
Stock daysdaysnot on your filings
839429

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 £104k and £1.1M. An opening offer is built on the low end of whatever they guess.
  • The newest accounts on file are 25 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

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

What the register says

Owners

  • 63since 2022
  • 70since 2016

Directors

  • 63since 1999
  • 70since 2004
  • 41since 2024
Accounts on public record
Year toTurnoverStaffCash
2024-07-31not filed9£382k
2023-07-31not filed10£213k
2022-07-31not filed9£214k

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.