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What a buyer sees

PETER NORRIS (HAULAGE) LIMITED

Collection of non-hazardous waste · Farnham · 01047683

61staff · FY2024
54years trading
—oldest owner on file
£803kcash at bank

Your turnover is on public record

filed
£15Mfor 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

Staff61
202284 → 612024
Cash at bank£803k
2022£481k → £803k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£238,634in the middle half
£238,634
£104,145£187,862£306,258
Debtor daysdays37in the bottom quarter
37
365176
Creditor daysdays40
40
183348
Stock daysdays2below almost all
2
51444

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.
  • Headcount fell from 86 to 61A 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 3

  • 54 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
  • Debtor days better than three quarters of your tradeYours is 37 against 51 for the middle of 43 comparable companies.
  • Stock days better than three quarters of your tradeYours is 2 against 14 for the middle of 41 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 51since 2005
  • 54since 2005
  • since 2023
  • 90
Accounts on public record
Year toTurnoverStaffCash
2024-03-31£15M61£803k
2023-03-31£19M86£3.9M
2022-03-31£19M84£481k

A rough bracket, and why it is only that

0.4–0.9× sales
£5.8M
£13M

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.