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What a buyer sees

DUCTWORK SERVICES (IOW) LIMITED

Plumbing, heat and air-conditioning installation · Newport · 06151598

7staff · FY2026
19years trading
58oldest owner on file
£997kcash at bank

Nobody can see what you turn over

8.7× spread
£470k
£4.1M

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: 3 figures against 75 companies in the same trade and size. An opening offer is built on the bottom of it.

What your filings show moving

Staff7
2023972026
Cash at bank£997k
2023£634k£997k2026

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£23,307£71,375£356,358
Debtor daysdaysnot on your filings
1136109
Creditor daysdaysnot on your filings
102476
Stock daysdaysnot on your filings
615108

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 3

  • 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 £470k and £4.1M. An opening offer is built on the low end of whatever they guess.
  • Headcount fell from 9 to 7A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
  • 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

  • A board that has been together ten years or moreContinuity a buyer does not have to take on trust.

What the register says

Owners

  • 58since 2017

Directors

  • since 2007
  • 58since 2007
Accounts on public record
Year toFiledTurnoverStaffCash
2026-03-312026-08-07not filed7£997k
2024-03-31not filed9£885k
2023-03-31not filed9£634k

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.