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What a buyer sees

HARDSCAPE PRODUCTS LIMITED

Cutting, shaping and finishing of stone · Bolton · 02986234

47staff · FY2024
32years trading
—oldest owner on file
£2.0Mcash at bank

Your turnover is on public record

filed
£23Mfor the year to 2024

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

Staff47
202248 → 472024
Cash at bank£2.0M
2022£3.4M → £2.0M2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£479,553in the middle half
£479,553
£75,818£268,200£906,093
Debtor daysdays89in the top quarter
89
225592
Creditor daysdays69
69
113064
Stock daysdays2below almost all
2
1049126

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 29 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • Debtor days run high for your tradeYours is 89 against 55 for the middle of 905 comparable companies. That gap is working capital a buyer has to fund on day one, and it comes off the price.
  • 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 3

  • 32 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
  • Headcount grew from 40 to 47Growth a buyer can verify without asking you for anything.
  • Stock days better than three quarters of your tradeYours is 2 against 48 for the middle of 890 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 64since 1994
  • 48since 2013
  • 51since 2015
  • 43since 2019
  • 55since 2026
Accounts on public record
Year toTurnoverStaffCash
2024-03-31£23M47£2.0M
2023-03-31£23M40£2.2M
2022-03-31£28M48£3.4M

A rough bracket, and why it is only that

0.4–0.9× sales
£9.0M
£20M

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.