Alistair20000
Very well known Exeweb poster
Where do you look at the accounts ?Look at their accounts.
Where do you look at the accounts ?Look at their accounts.
I have access to various avenues including the likes of www.endole.co.uk.Where do you look at the accounts ?
The free link only gives you an overview of businesses, although on some it does list revenues as well as other details.Looking at the link and putting in the names of some businesses I know about, the data seems to come from Companies House filings which do not disclose turnover.
Micro businesses turning over £5,000 per annum or less are not likely to be limited companies and their turnover will not be in the public domain.
I am not convinced your sauces are reliable unless you have hacked into the records of HMRC.
I see lots of Moorcroft on Bargain HuntThe free link only gives you an overview of businesses, although on some it does list revenues as well as other details.
The paid for version gives you access to full accounts.
I agree with you that tiddlers aren't generally limited companies however some are.
I'd like to prove your first point wrong, this company isn't a tiddler however it does show turnover details (even on the free version):
W. Moorcroft Limited - Company Profile - Endole
W. Moorcroft Limited is an active company located in Stoke-on-Trent, Staffordshire. View W. Moorcroft Limited profile, shareholders, contacts, financials, industry and description.suite.endole.co.uk
A look at the Companies House Beta service (free) gives me the turnover figure for that company as it is medium sized and is required to file a profit and loss account. I anticipate that this is the sources where endole found their info. Where else would they get it from ?The free link only gives you an overview of businesses, although on some it does list revenues as well as other details.
The paid for version gives you access to full accounts.
I agree with you that tiddlers aren't generally limited companies however some are.
I'd like to prove your first point wrong, this company isn't a tiddler however it does show turnover details (even on the free version):
W. Moorcroft Limited - Company Profile - Endole
W. Moorcroft Limited is an active company located in Stoke-on-Trent, Staffordshire. View W. Moorcroft Limited profile, shareholders, contacts, financials, industry and description.suite.endole.co.uk
I doubt very much whether a limited company would survive with a turnover of around £5,000 p.a. Maybe a profit of that amount could be achieved with some creative accounting but I can't see for the life of me why anyone would want to work in a limited company with income of less than £100 per week - they would be better off on Universal credit!A look at the Companies House Beta service (free) gives me the turnover figure for that company as it is medium sized and is required to file a profit and loss account. I anticipate that this is the sources where endole found their info. Where else would they get it from ?
However, let us get back to the point. You were referring to turnover for micro entities that are exempt from filing detailed accounts. Some dopey accountants file more info than is required but I remain unconvinced that you can identify turnover for very many limited companies turning over around £5,000 per annum. Sole traders and partnerships do not have to file accounts in the public domain of course.
Whether they can survive or should be a limited company is another question. I have seen thousands of limited companies that barely generate any revenues, they shouldn't be a limited company however they are.I doubt very much whether a limited company would survive with a turnover of around £5,000 p.a. Maybe a profit of that amount could be achieved with some creative accounting but I can't see for the life of me why anyone would want to work in a limited company with income of less than £100 per week - they would be better off on Universal credit!