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What a buyer sees

ARTICHOKE (KITCHEN & CABINET MAKERS) LTD

Manufacture of kitchen furniture · Cheddar · 03790868

48staff · FY2024
27years trading
59oldest owner on file
£1.8Mcash at bank

Nobody can see what you turn over

7.2× spread
£945k
£6.8M

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: 4 figures against 905 companies in the same sector and size. An opening offer is built on the bottom of it.

What your filings show moving

Staff48
202245 → 482024
Cash at bank£1.8M
2022£1.1M → £1.8M2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£30,375£137,625£193,096
Debtor daysdaysnot on your filings
225592
Creditor daysdaysnot on your filings
113064
Stock daysdaysnot on your filings
1049126

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 £945k and £6.8M. 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.
  • A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
  • 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

  • 27 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.

What the register says

Owners

  • 59since 2016

Directors

  • 59since 1999
  • 55since 2010
  • 43since 2021
  • 58since 2024
  • 44since 2025
Accounts on public record
Year toTurnoverStaffCash
2024-03-31not filed48£1.8M
2023-03-31not filed45£1.5M
2022-03-31not filed45£1.1M

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.