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What a buyer sees

PRINCE PETROLEUM LIMITED

Wholesale of petroleum and petroleum products · Melton Mowbray · 00749966

28staff · FY2024
63years trading
—oldest owner on file
£629kcash at bank

Your turnover is on public record

filed
£89Mfor 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

Staff28
202118 → 282024
Cash at bank£629k
2021£252k → £629k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£3,169,868above almost all
£3,169,868
£87,459£464,006£1,513,474
Debtor daysdays31in the middle half
31
154790
Creditor daysdays24
24
102974
Stock daysdays0below almost all
0
1150141

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 26 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 4

  • 63 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
  • Headcount grew from 21 to 28Growth a buyer can verify without asking you for anything.
  • Sales per employee better than three quarters of your tradeYours is 3,169,868 against 464,006 for the middle of 1,880 comparable companies.
  • Stock days better than three quarters of your tradeYours is 0 against 50 for the middle of 1,657 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 31since 2020
  • 43since 2020
  • 55since 2020
Accounts on public record
Year toTurnoverStaffCash
2024-06-30£89M28£629k
2022-06-30£67M21£207k
2021-06-30£39M18£252k

A rough bracket, and why it is only that

0.35–0.55× sales
£31M
£49M

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.