We changed over about a year ago from what was basically a credit check service (which really only gave us basic financial information) which I think was really designed for retail businesses to check out their customers before entering into a contract.
As we supply the majority of our products to NHS Hospitals it wasn’t really what we wanted and therefore approached Plimsoll for a trial.
Since then we have already used the service on a regular basis and already re-signed for another year.
We find it invaluable to benchmark our sales and financial performance against the top 1500 UK medical device suppliers, which gives us enormous re-assurance throughout the year that we are either keeping up with the leaders or beating the poor performers.
We like the fact that the reports are updated live throughout the year as those companies post their results and a new analysis is published.
The best part for me is the confidential full accounts analysis we get of ourselves every year, which gives us confidence that our strategy is on track.
Finally another great service are the monthly updates David Pattison sends us outlining any corporate news and trends, which is really useful rather than the basically static service others provide, after the fee is paid.
Give the above I can highly recommend Plimsoll if you are interested in benchmarking your company against your direct focussed competitors which incidentally can be customised. (October 2023)
Chris Pearson | Managing Director | Health Tec Medical Ltd
Pentaxia operates in the highly competitive advanced composite market. We have always monitored other companies in our sector, but it has been really challenging reviewing Companies House filings. Plimsoll has been a revelation, as it brings together all the key data in a digestible form in a fraction of the time. Crucial in a competitive market! (November 2023)
Stephen Ollier | Chairman | Pentaxia
I approached Plimsoll on a Sunday afternoon, after searching online for a relevant company to potentially value my business.
Plimsoll offered to send me a sample report (which any potential customer could use to assess the nature of the full report) which they did, early on the Monday morning.
The report was followed up with a call from Kevin Solomon, one of the Plimsoll analysts, and I reviewed this very comprehensive sample report and discussed my requirements with him.
Kevin was very approachable and quickly understood my requirements. We discussed specific matters relating to my business and I duly appointed Plimsoll to undertake the valuation of my business.
To support the valuation process, I supplied relevant accounting information and also some ‘non standard’ further accounting and sales information which enabled Plimsoll to build their informed valuation.
I contracted for their four day turnaround for the delivery of the report and it actually arrived within three days!
After reviewing the very detailed report, I spoke with Kevin on the phone about a required change of emphasis within some of the text and within 24 hours I received the final version.
I would very happily recommend Plimsoll to any parties that require a business valuation, they were at all times, understandable, approachable and very professional.
Stephen Glover | Director and Owner | Glovers Newspapers Ltd
