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What a buyer sees

ALTON CARS LIMITED

Other manufacturing n.e.c. · Leeds · 01469019

440staff · FY2023
47years trading
—oldest owner on file
£247kcash at bank

Your turnover is on public record

filed
£64Mfor 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

Staff440
2021369 → 4402023
Cash at bank£247k
2021£792k → £247k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£145,820in the middle half
£145,820
£69,194£153,490£521,487
Debtor daysdays34in the bottom quarter
34
205490
Creditor daysdays28
28
113260
Stock daysdays16in the bottom quarter
16
1344109

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.
  • A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
  • 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

  • 47 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 34 against 54 for the middle of 409 comparable companies.
  • Stock days better than three quarters of your tradeYours is 16 against 44 for the middle of 414 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 59since 2018
  • 44since 2022
  • 38since 2022
  • 44since 2024
  • 53since 2025
  • 47since 2026
  • 51since 2026
Accounts on public record
Year toTurnoverStaffCash
2023-12-31£64M440£247k
2022-12-31£52M440£297k
2021-12-31£44M369£792k

A rough bracket, and why it is only that

0.4–0.9× sales
£26M
£58M

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.