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What a buyer sees

MIKHAIL HOTELS LIMITED

Public houses and bars · Southport · 09870240

109staff · FY2023
11years trading
—oldest owner on file
£353kcash at bank

Nobody can see what you turn over

6.4× spread
£1.2M
£7.9M

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

What your filings show moving

Staff109
2022143 → 1092023
Cash at bank£353k
2022£340k → £353k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£14,680£38,779£76,603
Debtor daysdaysnot on your filings
71347
Creditor daysdaysnot on your filings
102486
Stock daysdaysnot on your filings
5821

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 £1.2M and £7.9M. 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.
  • Headcount fell from 143 to 109A 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

Nobody recorded with significant control.

Directors

  • 52since 2015
  • 47since 2015
  • 43since 2017
  • 56since 2022
  • 46since 2022
Accounts on public record
Year toTurnoverStaffCash
2023-12-31not filed109£353k
2022-12-31not filed143£340k

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.