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What a buyer sees

P&L CLEANING SERVICES LTD

General cleaning of buildings · Jarrow · 13276689

2staff · FY2024
5years trading
64oldest owner on file
£5kcash at bank

Nobody can see what you turn over

6.9× spread
£11k
£74k

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

What your filings show moving

Staff2
20222 → 22024
Cash at bank£5k
2023£5k → £5k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£7,580£14,239£36,771
Debtor daysdaysnot on your filings
265185
Creditor daysdaysnot on your filings
71331
Stock daysdaysnot on your filings
631250

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 £11k and £74k. 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.
  • The register shows an owner past retirement age and little elseWithout directors on file, a buyer cannot tell who actually runs the business day to day.
  • 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

  • 64since 2021
  • 41since 2021

Directors

No current directors loaded.

Accounts on public record
Year toTurnoverStaffCash
2024-03-31not filed2£5k
2023-03-31not filed2£5k
2022-03-31not filed2—

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.