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What a buyer sees

HOPPECKE INDUSTRIAL BATTERIES LIMITED

Non-specialised wholesale trade · Newcastle-Under-Lyme · 04240570

50staff · FY2022
25years trading
60oldest owner on file
£105kcash at bank

Your turnover is on public record

filed
£10Mfor the year to 2022

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

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£203,720in the middle half
£203,720
£121,758£262,690£455,471
Debtor daysdays103above almost all
103
195078
Creditor daysdays17
17
113257
Stock daysdays84in the top quarter
84
2052120

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 4

  • The newest accounts on file are 53 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 103 against 50 for the middle of 118 comparable companies. That gap is working capital a buyer has to fund on day one, and it comes off the price.
  • Stock days run high for your tradeYours is 84 against 52 for the middle of 124 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

  • 25 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
  • A board that has been together ten years or moreContinuity a buyer does not have to take on trust.

What the register says

Owners

  • 60since 2016
  • 54since 2016

Directors

  • 60since 2001
  • 54since 2016
Accounts on public record
Year toTurnoverStaffCash
2022-03-31£10M50£105k

A rough bracket, and why it is only that

0.35–0.55× sales
£3.6M
£5.6M

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.