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What a buyer sees

ELCOCK ASSOCIATES LTD

Other engineering activities · Christchurch · 06252442

8staff · FY2025
19years trading
—oldest owner on file
£152kcash at bank

Nobody can see what you turn over

4.2× spread
£56k
£233k

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: 4 figures against 114 companies in the same trade. An opening offer is built on the bottom of it.

What your filings show moving

Staff8
20217 → 82025
Cash at bank£152k
2023£56k → £152k2025

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£17,897£63,250£395,961
Debtor daysdaysnot on your filings
1161129
Creditor daysdaysnot on your filings
112568
Stock daysdaysnot on your filings
63197

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 4

  • 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 £56k and £233k. An opening offer is built on the low end of whatever they guess.
  • The last accounts went in 14 months after year endThe allowance is nine. A buyer reads a late filing as a question about the finance function rather than about the trading.
  • 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 2

  • Headcount grew from 7 to 8Growth a buyer can verify without asking you for anything.
  • 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

  • 47since 2007
  • 46since 2011
Accounts on public record
Year toFiledTurnoverStaffCash
2025-05-312026-08-28not filed8£152k
2023-05-31—not filed7£56k
2022-05-31—not filed7—
2021-05-31—not filed7—

A rough bracket, and why it is only that

0.6–1.5× sales
£30k
£350k

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.