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What a buyer sees

STAN PEARSON (MOTOR ENGINEERS) LIMITED

Maintenance and repair of motor vehicles · Preston · 11866935

1staff · FY2023
7years trading
60oldest owner on file
£91kcash at bank

Nobody can see what you turn over

11.9× spread
£22k
£264k

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 59 companies in the same trade and size. An opening offer is built on the bottom of it.

What your filings show moving

Staff1
2021212023
Cash at bank£91k
2021£71k£91k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£15,916£61,763£114,818
Debtor daysdaysnot on your filings
1034104
Creditor daysdaysnot on your filings
92395
Stock daysdaysnot on your filings
622120

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 4

  • 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 £22k and £264k. An opening offer is built on the low end of whatever they guess.
  • The newest accounts on file are 40 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • Headcount fell from 2 to 1A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
  • 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 0

Nothing stands out yet from the filings alone.

What the register says

Owners

  • 60since 2019

Directors

No current directors loaded.

Accounts on public record
Year toTurnoverStaffCash
2023-04-30not filed1£91k
2022-04-30not filed2£82k
2021-04-30not filed2£71k

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.