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What a buyer sees

LOWESTOFT OFFSHORE SERVICES LIMITED

Repair of electrical equipment · Lowestoft · 01644630

21staff · FY2023
44years trading
43oldest owner on file
£504kcash at bank

Your turnover is on public record

filed
£3.2Mfor 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

Staff21
202113212023
Cash at bank£504k
2021£212k£504k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£150,833in the middle half
£150,833
£23,514£114,789£461,859
Debtor daysdays73in the middle half
73
225592
Creditor daysdays32
32
113064
Stock daysdaysnot on your filings
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 39 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

  • 44 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.

What the register says

Owners

  • 43since 2020
  • 41since 2020
  • 40since 2020

Directors

No current directors loaded.

Accounts on public record
Year toTurnoverStaffCash
2023-05-31£3.2M21£504k
2022-05-31£2.3M21£349k
2021-05-31£2.0M13£212k

A rough bracket, and why it is only that

0.40.9× sales
£1.3M
£2.9M

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.