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What a buyer sees

MINCRETE LIMITED

Manufacture of ready-mixed concrete · Stoke-On-Trent · 01890492

38staff · FY2023
41years trading
oldest owner on file
£126kcash at bank

Your turnover is on public record

filed
£15Mfor 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

Staff38
202127382023
Cash at bank£126k
2021£212k£126k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£399,505in the middle half
£399,505
£75,818£268,200£906,093
Debtor daysdays40in the middle half
40
225592
Creditor daysdays51
51
113064
Stock daysdays5below almost all
5
1049126

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 32 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 3

  • 41 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
  • Headcount grew from 34 to 38Growth a buyer can verify without asking you for anything.
  • Stock days better than three quarters of your tradeYours is 5 against 48 for the middle of 890 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 64since 2008
  • 58since 2008
  • since 2015
  • 43since 2019
  • 35since 2026
Accounts on public record
Year toTurnoverStaffCash
2023-12-31£15M38£126k
2022-12-31not filed34£353k
2021-12-31not filed27£212k

A rough bracket, and why it is only that

0.40.9× sales
£6.1M
£14M

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.