Is the business VAT Registered?
The parent company is VAT registered
Are there up-to-date Management Accounts available?
There are up to date management accounts for the Division.
What Balance Sheet and Income Statements are available?
As the business is a division of a company there aren't separate annual financial statements for the Division.
What percentage of the business is cash/credit?
90% is on credit and 10% cash.
What is the age analysis of the debtors book?
90% is current + 30 days.
7% is 60 days.
3% is older.
How could the profitability of the business be improved?
Advertise in print media and social media.
Attract local customers who are currently having laser cutting done in Durban area.
Is Seller finance available and for what amount?