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What a buyer sees

SANDERSONS SOLICITORS LIMITED

Solicitors · Hull · 04937156

50staff · FY2026
23years trading
63oldest owner on file
£718kcash at bank

Nobody can see what you turn over

3.4× spread
£1.4M
£4.8M

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 30 companies in the same trade and size. An opening offer is built on the bottom of it.

What your filings show moving

Staff50
202152 → 502026
Cash at bank£718k
2021£465k → £718k2026

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employeenot on your filings
£45,835£72,029£145,714
Debtor daysdaysnot on your filings
1753186
Creditor daysdaysnot on your filings
819123
Stock daysdaysnot on your filings
730102

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 2

  • 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 £1.4M and £4.8M. An opening offer is built on the low end of whatever they guess.
  • 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

  • 23 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
  • Headcount grew from 43 to 50Growth 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

  • 62since 2016
  • 63since 2016

Directors

  • 63since 2003
  • 62since 2003
  • 54since 2012
Accounts on public record
Year toFiledTurnoverStaffCash
2026-04-302026-07-14not filed50£718k
2024-04-30—not filed43£672k
2023-04-30—not filed45£586k
2022-04-30—not filed48£526k
2021-04-30—not filed52£465k

A rough bracket, and why it is only that

0.8–1.8× sales
£1.1M
£8.7M

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.