What a buyer sees
VERATHAI LIMITED
Licensed restaurants · Macclesfield · 05398614
11staff · FY2023
21years trading
52oldest owner on file
—cash at bank
Nobody can see what you turn over
11.6× spread£122k£1.4M
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: 1 figure against 122 companies in the same trade and size. An opening offer is built on the bottom of it.
What your filings show moving
Staff11
202111 → 112023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employeenot on your filings
£16,600£37,923£76,417
Debtor daysdaysnot on your filings
61079
Creditor daysdaysnot on your filings
92383
Stock daysdaysnot on your filings
51228
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 £122k and £1.4M. An opening offer is built on the low end of whatever they guess.
- The newest accounts on file are 38 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
- 21 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
What the register says
Owners
- 52since 2017
- 50since 2017
Directors
No current directors loaded.
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-06-30 | not filed | 11 | — |
| 2022-06-30 | not filed | 11 | — |
| 2021-06-30 | not filed | 11 | — |