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What a buyer sees

CONNECT PLUMBING & HEATING SUPPLIES LTD

Wholesale of hardware, plumbing and heating equipment and supplies · Basildon · 06025052

37staff · FY2024
20years trading
48oldest owner on file
£1.4Mcash at bank

Your turnover is on public record

filed
£16Mfor the year to 2024

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

Staff37
202332 → 372024
Cash at bank£1.4M
2023£1.4M → £1.4M2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£433,692in the middle half
£433,692
£164,704£318,647£587,390
Debtor daysdays44in the middle half
44
245387
Creditor daysdays32
32
143760
Stock daysdays43in the bottom quarter
43
2762132

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 29 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 3

  • 20 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
  • Headcount grew from 32 to 37Growth a buyer can verify without asking you for anything.
  • Stock days better than three quarters of your tradeYours is 43 against 62 for the middle of 71 comparable companies.

What the register says

Owners

  • 45since 2025
  • 48since 2025

Directors

  • 48since 2015
  • 65since 2015
  • 40since 2024
  • 45since 2024
Accounts on public record
Year toTurnoverStaffCash
2024-03-31£16M37£1.4M
2023-03-31£14M32£1.4M

A rough bracket, and why it is only that

0.35–0.55× sales
£5.6M
£8.8M

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.