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What a buyer sees

SIMARCO INTERNATIONAL LIMITED

Operation of warehousing and storage facilities for land transport activities · Witham · 03341900

392staff · FY2023
29years trading
—oldest owner on file
£13Mcash at bank

Nobody can see what you turn over

5.9× spread
£37M
£217M

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

What your filings show moving

Staff392
2021365 → 3922023
Cash at bank£13M
2021£10M → £13M2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£65,733£158,517£806,409
Debtor daysdaysnot on your filings
164785
Creditor daysdaysnot on your filings
112969
Stock daysdaysnot on your filings
41165

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 £37M and £217M. 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.
  • 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

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

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 59since 1997
  • 50since 2010
  • 68since 2011
  • 52since 2017
Accounts on public record
Year toTurnoverStaffCash
2023-12-31not filed392£13M
2022-12-31not filed374—
2021-12-31£77M365£10M

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.