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What a buyer sees

REID ROOFING LIMITED

Roofing activities · Dartford · 07533469

4staff · FY2024
15years trading
61oldest owner on file
£52kcash at bank

Your turnover is on public record

filed
£1.4Mfor 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

Staff4
2022242024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£353,850in the middle half
£353,850
£72,519£255,086£712,512
Debtor daysdays73in the top quarter
73
154392
Creditor daysdays1
1
183770
Stock daysdaysnot on your filings
61887

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 29 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • Debtor days run high for your tradeYours is 73 against 43 for the middle of 58 comparable companies. That gap is working capital a buyer has to fund on day one, and it comes off the price.
  • 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 0

Nothing stands out yet from the filings alone.

What the register says

Owners

  • 61since 2024

Directors

No current directors loaded.

Accounts on public record
Year toTurnoverStaffCash
2024-03-31£1.4M4£52k
2023-03-31not filed4
2022-03-31not filed2

A rough bracket, and why it is only that

0.40.7× sales
£570k
£990k

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.