What a buyer sees
HARGREAVES ENGINEERING GROUP LIMITED
Activities of other holding companies n.e.c. · Thornton-Cleveleys · 15010348
75staff · FY2024
3years trading
71oldest owner on file
£1.9Mcash at bank
Your turnover is on public record
filed£6.7Mfor 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.
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£89,553in the middle half
£58,281£126,361£389,887
Debtor daysdays177in the top quarter
1142221
Creditor daysdays44
835271
Stock daysdays87in the top quarter
637132
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 5
- The newest accounts on file are 29 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.
- Debtor days run high for your tradeYours is 177 against 42 for the middle of 72 comparable companies. That gap is working capital a buyer has to fund on day one, and it comes off the price.
- Stock days run high for your tradeYours is 87 against 37 for the middle of 50 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 0
Nothing stands out yet from the filings alone.
What the register says
Owners
- 42since 2023
- 71since 2023
- 71since 2023
Directors
- 42since 2023
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £6.7M | 75 | £1.9M |
A rough bracket, and why it is only that
1.5–4× sales£10M£27M
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.