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What a buyer sees

TRUESTONE GLENAPP CASTLE LIMITED

Other business support service activities n.e.c. · Altrincham · 09601726

73staff · FY2023
11years trading
—oldest owner on file
£72kcash at bank

Your turnover is on public record

filed
£5.1Mfor 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

Staff73
202161 → 732023
Cash at bank£72k
2021£88k → £72k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£69,793in the bottom quarter
£69,793
£45,518£151,784£486,559
Debtor daysdays3below almost all
3
1447102
Creditor daysdays16
16
92769
Stock daysdays7in the bottom quarter
7
62889

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 2

  • Debtor days better than three quarters of your tradeYours is 3 against 47 for the middle of 279 comparable companies.
  • Stock days better than three quarters of your tradeYours is 7 against 28 for the middle of 113 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 68since 2015
  • 69since 2016
  • 64since 2022
  • 35since 2022
  • 68since 2023
  • 65since 2023
  • since 2025
Accounts on public record
Year toTurnoverStaffCash
2023-12-31£5.1M73£72k
2022-09-30not filed74£244k
2021-09-30not filed61£88k

A rough bracket, and why it is only that

0.4–0.9× sales
£2.0M
£4.6M

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.