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What a buyer sees

HULL & HUMBER CHAMBER OF COMMERCE INDUSTRY & SHIPPING

Activities of business and employers membership organizations · East Yorkshire · 00009604

21staff · FY2023
151years trading
—oldest owner on file
£454kcash at bank

Your turnover is on public record

filed
£1.8Mfor 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

Staff21
202122 → 212023
Cash at bank£454k
2021£909k → £454k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£84,971in the middle half
£84,971
£49,989£104,273£182,421
Debtor daysdays829above almost all
829
1151145
Creditor daysdays34
34
71944
Stock daysdaysnot on your filings
71499

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 36 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.
  • Debtor days run high for your tradeYours is 829 against 51 for the middle of 60 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

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

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 62since 1995
  • since 2014
  • 64since 2017
  • 47since 2022
  • 67since 2023
  • 53since 2023
  • 60since 2023
  • 56since 2025
  • 48since 2025
  • 65since 2025
  • 66since 2025
  • 61since 2025
Accounts on public record
Year toTurnoverStaffCash
2023-09-30£1.8M21£454k
2022-09-30£2.3M21£1.0M
2021-09-30£2.5M22£909k

A rough bracket, and why it is only that

0.4–0.9× sales
£710k
£1.6M

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.