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What a buyer sees

SCOTMID COOP LIFE SERVICES LIMITED

Funeral and related activities · Glasgow · SC391536

88staff · FY2023
15years trading
—oldest owner on file
£895kcash at bank

Your turnover is on public record

filed
£9.7Mfor the year to 2023

Unusual at this size, and it works in your favour: a buyer is reading your number rather than guessing at one.

What your filings show moving

Staff88
2021104 → 882023
Cash at bank£895k
2021£506k → £895k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£110,347in the middle half
£110,347
£35,964£112,224£384,986
Debtor daysdays11below almost all
11
164583
Creditor daysdays32
32
122561
Stock daysdays3below almost all
3
62280

Each spread is companies in the same trade and size that did publish a turnover. Creditor days are shown but not marked: neither end of that one is plainly good.

What a buyer would ask 3

  • The newest accounts on file are 32 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • Headcount fell from 101 to 88A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
  • No website on file against the companyThe first thing anyone does with a company number is look for the business behind it. Finding nothing is its own answer.

What a buyer would like 2

  • Debtor days better than three quarters of your tradeYours is 11 against 45 for the middle of 118 comparable companies.
  • Stock days better than three quarters of your tradeYours is 3 against 22 for the middle of 67 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 56since 2024
  • 38since 2024
  • 44since 2025
  • since 2025
Accounts on public record
Year toTurnoverStaffCash
2023-12-31£9.7M88£895k
2022-12-31£8.7M101£85k
2021-12-31£8.9M104£506k

A rough bracket, and why it is only that

0.4–0.9× sales
£3.9M
£8.7M

The turnover range is fitted on UK companies that did file one. The multiple is a published sector average from Dutch mid-market deals, not from your own numbers and not from your own market. Treat this as the opening bracket of a conversation, not a valuation.

Prepared by Qapital from public records, against 105,750 companies that did publish a turnover. No figure here was supplied by the company and none of it is advice. What it is missing is everything that actually sets a price: profitability, contracts, customer concentration, and whoever would run it next.

Tell us the rest

Your turnover is on file, but the things that set a price are not: margin, customer concentration, who would run it next. Tell us where you are and we will read it properly.

Goes to one inbox. No list, no sequence, and we will not pass it on. We buy companies as well as advise on them, so if yours is one we would be interested in, we will tell you that before anything else happens.