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What a buyer sees

GRASS GUZZLERS LIMITED

Landscape service activities · Westhill · SC351882

16staff · FY2023
18years trading
75oldest owner on file
£253kcash at bank

Nobody can see what you turn over

4.3× spread
£430k
£1.9M

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: 4 figures against 36 companies in the same trade. An opening offer is built on the bottom of it.

What your filings show moving

Staff16
202113162023
Cash at bank£253k
2021£354k£253k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£16,227£43,767£134,422
Debtor daysdaysnot on your filings
123274
Creditor daysdaysnot on your filings
932241
Stock daysdaysnot on your filings
637138

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 4

  • 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 £430k and £1.9M. An opening offer is built on the low end of whatever they guess.
  • The newest accounts on file are 33 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • Everyone on the board is over 60There is no one on the register a buyer can see taking the business on. That is a discount if it stays that way and a negotiating point if it changes.
  • 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

  • Headcount grew from 14 to 16Growth a buyer can verify without asking you for anything.
  • A board that has been together ten years or moreContinuity a buyer does not have to take on trust.

What the register says

Owners

  • 66since 2016
  • 75since 2016

Directors

  • since 2008
  • 75since 2008
Accounts on public record
Year toTurnoverStaffCash
2023-11-30not filed16£253k
2022-11-30not filed14£159k
2021-11-30not filed13£354k

A rough bracket, and why it is only that

0.40.9× sales
£170k
£1.7M

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.