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What a buyer sees

BRIGHT VENTURES LIMITED

Hotels and similar accommodation · Ipswich · 09195389

27staff · FY2023
12years trading
oldest owner on file
£453kcash at bank

Your turnover is on public record

filed
£3.1Mfor 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

Staff27
202133272023
Cash at bank£453k
2021£237k£453k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£114,315in the top quarter
£114,315
£29,898£61,265£204,705
Debtor daysdays2below almost all
2
71368
Creditor daysdays29
29
1023117
Stock daysdaysnot on your filings
4634

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 2

  • Sales per employee better than three quarters of your tradeYours is 114,315 against 61,265 for the middle of 95 comparable companies.
  • Debtor days better than three quarters of your tradeYours is 2 against 13 for the middle of 45 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 61since 2016
  • 34since 2016
  • 30since 2017
  • 58since 2026
Accounts on public record
Year toTurnoverStaffCash
2023-12-31£3.1M27£453k
2022-12-31£2.7M29£546k
2021-12-31£1.8M33£237k

A rough bracket, and why it is only that

0.40.9× sales
£1.2M
£2.8M

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.