What a buyer sees
WILSONS AUCTIONS LIMITED
Sale of used cars and light motor vehicles · Newtownabbey · NI011967
267staff · FY2024
49years trading
75oldest owner on file
£5.5Mcash at bank
Nobody can see what you turn over
11.5× spread£72M£825M
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 95 companies in the same trade. An opening offer is built on the bottom of it.
What your filings show moving
Staff267
2022149 → 2672024
Cash at bank£5.5M
2022£2.9M → £5.5M2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employeenot on your filings
£39,863£390,230£1,676,333
Debtor daysdaysnot on your filings
72180
Creditor daysdaysnot on your filings
81982
Stock daysdaysnot on your filings
2260189
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 £72M and £825M. 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 2
- 49 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 224 to 267Growth a buyer can verify without asking you for anything.
What the register says
Owners
- 75since 2016
Directors
- 74since 1977
- 60since 1998
- 75since 2011
- 47since 2012
- 48since 2012
- 43since 2012
- 55since 2019
- 48since 2019
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | not filed | 267 | £5.5M |
| 2023-03-31 | not filed | 224 | £2.9M |
| 2022-03-31 | £33M | 149 | £2.9M |