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What a buyer sees

ELECTROTECH MARINE LIMITED

Other service activities n.e.c. · Oban · SC341170

1staff · FY2023
18years trading
59oldest owner on file
£0kcash at bank

Your turnover is on public record

filed
£298kfor 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

Staff1
2021112023
Cash at bank£0k
2021£0k£0k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£297,900above almost all
£297,900
£10,500£42,667£293,310
Debtor daysdays56in the middle half
56
1141156
Creditor daysdays17
17
1033152
Stock daysdaysnot on your filings
823163

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 40 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 1

  • Sales per employee better than three quarters of your tradeYours is 297,900 against 42,667 for the middle of 325 comparable companies.

What the register says

Owners

  • 59since 2016

Directors

No current directors loaded.

Accounts on public record
Year toTurnoverStaffCash
2023-04-30£298k1£0k
2022-04-30£192k1£0k
2021-04-30£165k1£0k

A rough bracket, and why it is only that

0.40.9× sales
£120k
£270k

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.