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What a buyer sees

WHOOPS WHEEL FIX IT LIMITED

Maintenance and repair of motor vehicles · Enfield · 08917589

18staff · FY2024
12years trading
43oldest owner on file
£235kcash 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

Staff18
202119182024
Cash at bank£235k
2021£192k£235k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£76,422in the middle half
£76,422
£50,702£87,460£301,306
Debtor daysdays34in the middle half
34
102670
Creditor daysdays7
7
102061
Stock daysdays3below almost all
3
52094

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

  • 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.
  • 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

  • Headcount grew from 15 to 18Growth a buyer can verify without asking you for anything.
  • Stock days better than three quarters of your tradeYours is 3 against 20 for the middle of 143 comparable companies.
  • A board that has been together ten years or moreContinuity a buyer does not have to take on trust.

What the register says

Owners

  • 43since 2016
  • 41since 2016
  • 43since 2016

Directors

  • 41since 2014
  • 43since 2014
  • 43since 2014
Accounts on public record
Year toTurnoverStaffCash
2024-03-31£1.4M18£235k
2023-03-31not filed15£170k
2022-03-31not filed19£149k
2021-03-31not filed19£192k

A rough bracket, and why it is only that

0.40.9× sales
£550k
£1.2M

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.