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What a buyer sees

DORMANS GARAGE LIMITED

Maintenance and repair of motor vehicles · Wallington · 05635600

1staff · FY2023
21years trading
59oldest owner on file
£36kcash at bank

Your turnover is on public record

filed
£1.3Mfor 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

Staff1
2021112023
Cash at bank£36k
2021£39k£36k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£1,295,900above almost all
£1,295,900
£15,916£61,763£114,818
Debtor daysdays62in the middle half
62
1034104
Creditor daysdays1
1
92395
Stock daysdays265above almost all
265
622120

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.
  • Stock days run high for your tradeYours is 265 against 22 for the middle of 67 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 2

  • 21 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
  • Sales per employee better than three quarters of your tradeYours is 1,295,900 against 61,762 for the middle of 188 comparable companies.

What the register says

Owners

  • 59since 2016

Directors

No current directors loaded.

Accounts on public record
Year toTurnoverStaffCash
2023-12-31£1.3M1£36k
2021-12-31£1.3M1£39k

A rough bracket, and why it is only that

0.40.9× sales
£520k
£1.2M

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.