Donate SIGN UP

Is there any websites that can give any information on how well a business is doing ie annual turnover?

Avatar Image
laptopsteve | 22:23 Thu 12th Aug 2010 | Business
4 Answers
Is there any websites that can give any information on how well a business is doing ie annual turnover?
Gravatar

Answers

1 to 4 of 4rss feed

Best Answer

No best answer has yet been selected by laptopsteve. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Turnover isn't necessarily a good guide to profitability. For example, despite an anticipated 2010 revenue of US$700,000,000, Youtube has never made a profit yet!

All UK limited companies have to file their accounts with Companies House. They can be downloaded for £1 per document:
http://www.companieshouse.gov.uk/info

Chris
However for all limited companies that are not public limited companies (i.e. most of them), the only obligation is to file the Balance Sheet at Companies House, not a Profit & Loss account, which would show the turnover. So it still won't help, I'm afraid.
buenchico is spot on

'turnover is vanity but profit is sanity'
The short answer is "no".

The longer answer by and large is already covered. Major PLC's usually have their accounts available for all to see on their websites and there might well be a comparison site somewhere that collates that information though I'm not actually aware of one. All companies, from the smallest to the largest have to file accounts with Companies House but, as buildersmate has already pointed out, those that turnover less than £6.5m don;t have to file a profit and loss account and therefore most likely won't disclose their turnover. Their profits can be worked out from the balance sheet movement though. Then of course there are hundreds of thousands of businesses that are not companies at all. Sole Traders and Partnerships aren't required to file information publicly at all so only the Inland Revenue has access to their results.

Charities results can be found published on the Charities Commission (or OSCR in Scotland) website.

1 to 4 of 4rss feed

Do you know the answer?

Is there any websites that can give any information on how well a business is doing ie annual turnover?

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.