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What a buyer sees

FLEETEX LIMITED

Sale of other motor vehicles · Coalville · 06327333

13staff · FY2022
19years trading
oldest owner on file
£3.4Mcash at bank

Your turnover is on public record

filed
£22Mfor the year to 2022

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

Staff13
202114132022
Cash at bank£3.4M
2021£3.9M£3.4M2022

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£1,720,292in the top quarter
£1,720,292
£336,913£806,870£1,935,113
Debtor daysdays0below almost all
0
122174
Creditor daysdays1
1
1142120
Stock daysdays94in the middle half
94
3682242

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 48 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 2

  • Sales per employee better than three quarters of your tradeYours is 1,720,292 against 806,870 for the middle of 39 comparable companies.
  • Debtor days better than three quarters of your tradeYours is 0 against 21 for the middle of 59 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

No current directors loaded.

Accounts on public record
Year toTurnoverStaffCash
2022-08-31£22M13£3.4M
2021-08-31not filed14£3.9M

A rough bracket, and why it is only that

0.40.9× sales
£8.9M
£20M

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.