- 401UK manufacturers with total assets of £0.5m to £20m, from their latest filed accounts
- 73.3%could take on plant worth a tenth of their assets on hire purchase
- 51.9%could take on the same plant paid from cash
- Three testscash above zero, short-term debts covered, equity above the group’s lower quartile
01For whom
Those who fund plant, or help others fund it
This is for asset finance lenders, finance brokers, private credit and SME funds, and the advisers who work with owner-managed manufacturers. Your team looks for companies that need new plant and can carry it.
A database tells you who exists. The cut tells you whose balance sheet has room, how much, and whether hire purchase moves the limit.
02What you get
One division, one region, every company named
You choose one SIC division and one region. I run the same tests as in the study over every company that fits.
- Up to 40 companies, each named and linked to its filingfrom the latest accounts tagged at Companies House
- The limit for new plant paid from cash and on hire purchasewith the test that binds first
- The charges registered against each companyso you can see who already holds security
- The people who control each companyfrom the register of persons with significant control
The study behind it
I ran one question over 401 filed balance sheets. How much new plant could each company take on before the balance sheet strains?
Size makes little difference. The way of paying makes most of it. Where a company fails, it is the cash that runs out first in 86.5% of cases.
The study shows the method and the full grid of investment size against the share on hire purchase. A regional cut applies it to named companies.
Open the study PDF, 2 pages, 77 KB03How we start
Name a division and a region
The scope is agreed in writing before any work starts, with a fixed price and a date.
- 1
You reply with the division and region.
The ones you would want to look at first.
- 2
I confirm the scope in writing.
Division, region, size band and the date of delivery.
- 3
Within ten working days you have the cut.
Each company named, with its limits, its charges and who controls it.
04Write to me
Where would you look first?
Reply to my e-mail or write to the address below. I answer in person, by the next working day.
kontakt@sebastian-knorr.comThe tests describe what a filed balance sheet can carry. Unused facilities, covenants and order books are not in a filing. The cut is not a credit opinion and says nothing about whether a company plans to invest.
