What a buyer sees
CLIFFHANGER CAFE LIMITED
Licensed restaurants · Bournemouth · 05800827
Nobody can see what you turn over
11.5× spreadYou 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: 2 figures against 122 companies in the same trade and size. An opening offer is built on the bottom of it.
What your filings show moving
How you sit in your trade
slowest tenth typical fastest tenth youEach 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 £215k and £2.5M. 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.
- 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
- 20 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
What the register says
Owners
- 71since 2016
Directors
- since 2006
- 71since 2006
- 60since 2018
- 56since 2021
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | not filed | 41 | £223k |
| 2023-03-31 | not filed | 40 | £247k |
| 2022-03-31 | not filed | 42 | £456k |