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What a buyer sees

VEHICLE TRADE CENTRE LTD

Sale of used cars and light motor vehicles · Glasgow · SC462230

17staff · FY2024
13years trading
52oldest owner on file
£392kcash at bank

Your turnover is on public record

filed
£5.8Mfor 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

Staff17
202218172024
Cash at bank£392k
2022£352k£392k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£342,647in the middle half
£342,647
£91,534£651,449£2,137,086
Debtor daysdays4below almost all
4
72180
Creditor daysdays0
0
92152
Stock daysdays108in the top quarter
108
2460148

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 5

  • 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.
  • A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
  • Headcount fell from 20 to 17A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
  • Stock days run high for your tradeYours is 108 against 60 for the middle of 49 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 1

  • Debtor days better than three quarters of your tradeYours is 4 against 21 for the middle of 55 comparable companies.

What the register says

Owners

  • 52since 2016

Directors

  • 52since 2013
  • 51since 2023
Accounts on public record
Year toTurnoverStaffCash
2024-03-31£5.8M17£392k
2023-03-31£5.9M20£1.4M
2022-03-31£6.6M18£352k

A rough bracket, and why it is only that

0.40.9× sales
£2.3M
£5.2M

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.