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What a buyer sees

MWG ESTATES LIMITED

Real estate agencies · Truro · 05278047

21staff · FY2023
22years trading
57oldest owner on file
£397kcash at bank

Nobody can see what you turn over

5.3× spread
£333k
£1.8M

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

What your filings show moving

Staff21
202116 → 212023
Cash at bank£397k
2021£580k → £397k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£22,432£58,377£109,751
Debtor daysdaysnot on your filings
930195
Creditor daysdaysnot on your filings
71758
Stock daysdaysnot on your filings
665391

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 £333k and £1.8M. An opening offer is built on the low end of whatever they guess.
  • The newest accounts on file are 32 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 2

  • 22 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
  • 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
  • 53since 2016

Directors

  • since 2004
  • 53since 2004
Accounts on public record
Year toTurnoverStaffCash
2023-12-31not filed21£397k
2022-12-31not filed22£443k
2021-12-31not filed16£580k

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.