"The idea for the website and the buying or selling service came from a great deal of interest we were receiving from companies keen to go on the acquisition trail. Yet they did not have a simple, cost effective means of assessing what companies to go after. I knew we could offer a real insight into specific companies in the industry our clients could target. Now, prior to calling in the professionals, owners can take a good look at the possibilities for themselves," says David Pattison, acquisitions manager at Plimsoll Publishing Ltd.
"There has never been anything like this kind of service before that I am aware of. Traditionally, buyers have waited for companies to hit the receivers before they look to buy, but Plimsoll's model of analysis actually spots 'what companies' are showing signs of failing several months or years before the company folds. Of the 127 companies currently in the UK Cleaning Equipment & Materials industry that we've put a value on, 47 of them have good future potential and could be transformed under new ownership," says Pattison.
Plimsoll's buying or selling service includes valuing their client's company, locating and analysing companies that they could afford as well as locating and analysing companies they could sell their company to. Also included is a full study of 257 UK sound equipment companies including valuations and analysis of current and future performance.
(Lee Baldock)
