What a buyer sees
RIDGWAY RENTALS LTD
Renting and leasing of construction and civil engineering machinery and equipment · St. Martins · 02124318
43staff · FY2024
39years trading
—oldest owner on file
£2.9Mcash at bank
Your turnover is on public record
filed£27Mfor 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
Staff43
202243 → 432024
Cash at bank£2.9M
2022£3.5M → £2.9M2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£619,577above almost all
£114,646£198,081£570,143
Debtor daysdays32in the bottom quarter
286189
Creditor daysdays35
1331102
Stock daysdays1below almost all
637138
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 28 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 5
- 39 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Sales per employee better than three quarters of your tradeYours is 619,577 against 198,081 for the middle of 52 comparable companies.
- Debtor days better than three quarters of your tradeYours is 32 against 61 for the middle of 61 comparable companies.
- Stock days better than three quarters of your tradeYours is 1 against 37 for the middle of 188 comparable companies.
- A board that has been together ten years or moreContinuity a buyer does not have to take on trust.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 74since 1998
- 49since 2002
- 42since 2010
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-04-30 | £27M | 43 | £2.9M |
| 2023-04-30 | £24M | 40 | £2.3M |
| 2022-04-30 | £23M | 43 | £3.5M |
A rough bracket, and why it is only that
0.4–0.9× sales£11M£24M
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.