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What a buyer sees

SOHOT LAUNDRY LIMITED

Other cleaning services · Margate · 13197226

3staff · FY2024
5years trading
32oldest owner on file
£5kcash at bank

Your turnover is on public record

filed
£44kfor 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

Staff3
2022332024
Cash at bank£5k
2022£6k£5k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£14,667in the middle half
£14,667
£7,561£13,100£28,636
Debtor daysdays2below almost all
2
1349184
Creditor daysdays11
11
928154
Stock daysdaysnot on your filings
631250

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 2

  • The newest accounts on file are 30 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • 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 2 against 49 for the middle of 1,015 comparable companies.

What the register says

Owners

  • 32since 2024
  • 30since 2025

Directors

No current directors loaded.

Accounts on public record
Year toTurnoverStaffCash
2024-02-29£44k3£5k
2023-02-28£84k3£0k
2022-02-28£44k3£6k

A rough bracket, and why it is only that

0.40.9× sales
£20k
£40k

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.