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What a buyer sees

M.E.M. INSURANCE BROKERS LIMITED

Non-life insurance · Stoke-On-Trent · 01501613

18staff · FY2024
46years trading
79oldest owner on file
£133kcash at bank

Your turnover is on public record

filed
£674kfor 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

Staff18
202119 → 182024
Cash at bank£133k
2021£147k → £133k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£37,417below almost all
£37,417
£39,043£116,732£356,023
Debtor daysdays121in the middle half
121
3178386
Creditor daysdays134
134
9109287
Stock daysdaysnot on your filings
637132

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 1

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

What the register says

Owners

  • 79since 2016

Directors

  • 76since 1997
  • 55since 2019
  • 42since 2024
  • 43since 2024
  • 79
Accounts on public record
Year toTurnoverStaffCash
2024-03-31£674k18£133k
2023-03-31£650k19£151k
2022-03-31£652k19£164k
2021-03-31not filed19£147k

A rough bracket, and why it is only that

0.4–0.9× sales
£270k
£610k

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.