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What a buyer sees

SULLIVAN BUS & COACH LIMITED

Other urban, suburban or metropolitan passenger land transport (not underground, metro or similar) · Brighton · 03574547

285staff · FY2021
28years trading
64oldest owner on file
£400kcash at bank

Your turnover is on public record

filed
£15Mfor the year to 2021

Unusual at this size, and it works in your favour: a buyer is reading your number rather than guessing at one.

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£51,052in the bottom quarter
£51,052
£31,820£93,809£191,788
Debtor daysdays8below almost all
8
235477
Creditor daysdays30
30
102955
Stock daysdays7in the middle half
7
41165

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

  • The newest accounts on file are 56 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.
  • 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

  • 28 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
  • Debtor days better than three quarters of your tradeYours is 8 against 54 for the middle of 66 comparable companies.

What the register says

Owners

  • 64since 2016

Directors

No current directors loaded.

Accounts on public record
Year toTurnoverStaffCash
2021-12-31£15M285£400k

A rough bracket, and why it is only that

0.40.9× sales
£5.8M
£13M

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.