← Look up another company

What a buyer sees

P W GATES DISTRIBUTION LIMITED

Freight transport by road · Bedford · 04552128

189staff · FY2024
24years trading
75oldest owner on file
£1kcash at bank

Your turnover is on public record

filed
£21Mfor 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

Staff189
2022156 → 1892024
Cash at bank£1k
2022£0k → £1k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£113,016in the bottom quarter
£113,016
£98,332£139,970£259,966
Debtor daysdays50in the middle half
50
335678
Creditor daysdays15
15
132644
Stock daysdays2below almost all
2
4623

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 29 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 2

  • 24 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
  • Stock days better than three quarters of your tradeYours is 2 against 6 for the middle of 33 comparable companies.

What the register says

Owners

  • 75since 2022
  • 71since 2022

Directors

  • 71since 2002
  • 75since 2002
  • 55since 2007
  • 61since 2026
Accounts on public record
Year toTurnoverStaffCash
2024-03-31£21M189£1k
2023-03-31£20M175£5k
2022-03-31£17M156£0k

A rough bracket, and why it is only that

0.4–0.9× sales
£8.5M
£19M

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.