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What a buyer sees

SPEEDIER SCAFFOLDING LIMITED

Scaffold erection · Bolton · 01609213

76staff · FY2024
44years trading
63oldest owner on file
£204kcash at bank

Your turnover is on public record

filed
£5.8Mfor 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

Staff76
202264762024
Cash at bank£204k
2022£99k£204k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£76,112in the middle half
£76,112
£41,722£109,162£460,236
Debtor daysdays4below almost all
4
2056108
Creditor daysdays7
7
101740
Stock daysdays0below almost all
0
51785

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.
  • 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 3

  • 44 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 4 against 56 for the middle of 49 comparable companies.
  • Stock days better than three quarters of your tradeYours is 0 against 17 for the middle of 400 comparable companies.

What the register says

Owners

  • 63since 2016

Directors

  • 63since 1996
  • 61since 2018
  • 66since 2018
  • 62since 2018
  • 64since 2018
  • since 2018
Accounts on public record
Year toTurnoverStaffCash
2024-03-31£5.8M76£204k
2023-03-31£5.6M78£143k
2022-03-31£5.2M64£99k

A rough bracket, and why it is only that

0.40.7× sales
£2.3M
£4.0M

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.