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What a buyer sees

RUSHCLIFFE TRAVEL LTD

Taxi operation · Nottingham · 09785814

19staff · FY2023
11years trading
70oldest owner on file
£8kcash at bank

Nobody can see what you turn over

4.0× spread
£595k
£2.4M

You file abbreviated accounts, as almost every company your size does, so the profit and loss account is not on public record. That band is what your balance sheet implies to anyone who looks: 3 figures against 212 companies in the same sector and size. An opening offer is built on the bottom of it.

What your filings show moving

Staff19
202117192023
Cash at bank£8k
2021£73k£8k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£10,336£52,188£325,686
Debtor daysdaysnot on your filings
234986
Creditor daysdaysnot on your filings
102667
Stock daysdaysnot on your filings
41464

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 6

  • Your turnover is not on fileYou file abbreviated accounts, as most companies your size do, so a buyer cannot see what the business turns over and has to estimate it. Working only from what you filed, the range lands between £595k and £2.4M. An opening offer is built on the low end of whatever they guess.
  • The newest accounts on file are 35 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • One director on the registerA buyer's first question about a company run by one person is what happens to it if that person stops. It is usually the first thing priced.
  • Everyone on the board is over 60There is no one on the register a buyer can see taking the business on. That is a discount if it stays that way and a negotiating point if it changes.
  • 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 1

  • Headcount grew from 17 to 19Growth a buyer can verify without asking you for anything.

What the register says

Owners

  • 70since 2026

Directors

  • 70since 2022
Accounts on public record
Year toTurnoverStaffCash
2023-09-30not filed19£8k
2022-09-30not filed17£4k
2021-09-30not filed17£73k

A rough bracket, and why it is only that

0.40.9× sales
£240k
£2.2M

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.

Close the gap

The range above exists because your turnover is not on public record. Tell us what it actually is and we will place you exactly against your trade, and send it back.

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.