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What a buyer sees

EASY HEAT SYSTEMS LIMITED

Plumbing, heat and air-conditioning installation · Perth · SC181331

44staff · FY2022
29years trading
53oldest owner on file
£943kcash at bank

Your turnover is on public record

filed
£19Mfor 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£426,291in the middle half
£426,291
£93,327£224,106£723,233
Debtor daysdays98in the top quarter
98
1148103
Creditor daysdays40
40
103762
Stock daysdays53in the top quarter
53
51260

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 52 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 98 against 48 for the middle of 40 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 53 against 12 for the middle of 97 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

  • 29 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.

What the register says

Owners

  • 53since 2016

Directors

  • 53since 1998
  • 52since 2001
  • 49since 2001
  • 47since 2023
Accounts on public record
Year toTurnoverStaffCash
2022-04-30£19M44£943k

A rough bracket, and why it is only that

0.40.7× sales
£7.5M
£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.