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What a buyer sees

EVENT INSURANCE SERVICES LIMITED

Non-life insurance · Bath · 03238686

20staff · FY2024
30years trading
86oldest owner on file
£476kcash at bank

Nobody can see what you turn over

10.3× spread
£323k
£3.3M

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: 3 figures against 55 companies in the same trade. An opening offer is built on the bottom of it.

What your filings show moving

Staff20
202119 → 202024
Cash at bank£476k
2021£706k → £476k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£39,043£116,732£356,023
Debtor daysdaysnot on your filings
3178386
Creditor daysdaysnot on your filings
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 6

  • 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 £323k and £3.3M. An opening offer is built on the low end of whatever they guess.
  • The newest accounts on file are 28 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • One director on the registerA buyer's first question about a company run by one person is what happens to it if that person stops. It is usually the first thing priced.
  • 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.
  • A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
  • 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

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

What the register says

Owners

  • 86since 2016
  • 57since 2016

Directors

  • 86since 1996
Accounts on public record
Year toTurnoverStaffCash
2024-04-30not filed20£476k
2023-04-30not filed19£498k
2022-04-30not filed17£627k
2021-04-30not filed19£706k

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.