Is the business VAT Registered?
What VAT documentation is on file?
All VAT documentation is on file and available to qualified buyers
Are there up-to-date Management Accounts available?
What Balance Sheet and Income Statements are available?
The Annual Financial Statements for 2017 and earlier years are on file and available to qualified buyers.The figures in the financial report have been extracted from the 2017 Annual Financial Statements and adjusted for the Owner's drawings and non-cash items.
What percentage of the business is cash/credit?
About 10% of the turnover is on credit.
What is the age analysis of the debtors book?
32.5 days sales outstanding.
How could the profitability of the business be improved?
As the elderly Owners have not worked the entire licenced area from Newcastle to Pongola there is an opportunity to increase business in the licenced area as well as in towns where there is no licenced DHL office.
Is Seller finance available and for what amount?