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What a buyer sees

HYDRAULIC FLEET SOLUTIONS LIMITED

Manufacture of lifting and handling equipment · North House 198 High Street · 04237905

14staff · FY2023
25years trading
69oldest owner on file
£51kcash at bank

Nobody can see what you turn over

3.0× spread
£974k
£3.0M

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 34 companies in the same trade. An opening offer is built on the bottom of it.

What your filings show moving

Staff14
202115142023
Cash at bank£51k
2021£54k£51k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£92,111£158,144£384,364
Debtor daysdaysnot on your filings
335796
Creditor daysdaysnot on your filings
143588
Stock daysdaysnot on your filings
1850100

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

  • 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 £974k and £3.0M. An opening offer is built on the low end of whatever they guess.
  • The newest accounts on file are 36 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • The register shows an owner past retirement age and little elseWithout directors on file, a buyer cannot tell who actually runs the business day to day.
  • Headcount fell from 16 to 14A 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

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

What the register says

Owners

  • 69since 2022

Directors

No current directors loaded.

Accounts on public record
Year toTurnoverStaffCash
2023-08-31not filed14£51k
2022-08-31not filed16£37k
2021-08-31not filed15£54k

A rough bracket, and why it is only that

0.40.9× sales
£390k
£2.7M

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.