What a buyer sees
SIMPLY COMMERCIAL LTD
Non-life insurance · Walsall · 07569404
7staff · FY2024
15years trading
61oldest owner on file
£58kcash at bank
Nobody can see what you turn over
10.3× spread£169k£1.7M
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 55 companies in the same trade. An opening offer is built on the bottom of it.
What your filings show moving
Staff7
20227 → 72024
Cash at bank£58k
2022£41k → £58k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employeenot on your filings
£39,043£116,732£356,023
Debtor daysdaysnot on your filings
3178386
Creditor daysdaysnot on your filings
9109287
Stock daysdaysnot on your filings
655130
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 £169k and £1.7M. 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 0
Nothing stands out yet from the filings alone.
What the register says
Owners
- 61since 2023
- 50since 2022
Directors
- 50since 2020
- 61since 2023
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | not filed | 7 | £58k |
| 2023-03-31 | not filed | 7 | £34k |
| 2022-03-31 | not filed | 7 | £41k |