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What a buyer sees

HOTCHKISS LTD

Plumbing, heat and air-conditioning installation · Eastbourne · 00900611

64,000staff · FY2025
59years trading
—oldest owner on file
£5.0Mcash at bank

Your turnover is on public record

filed
£29Mfor the year to 2025

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

Staff64,000
2021118,000 → 64,0002025
Cash at bank£5.0M
2021£1.4M → £5.0M2025

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£451below almost all
£451
£40,220£135,386£494,413
Debtor daysdays48in the middle half
48
124193
Creditor daysdays53
53
113367
Stock daysdaysnot on your filings
51260

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

  • Headcount fell from 95000 to 64000A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
  • 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

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

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 55since 2013
  • 46since 2018
  • 49since 2021
  • 43since 2025
Accounts on public record
Year toFiledTurnoverStaffCash
2025-09-302026-06-25£29M64000£5.0M
2023-09-30—£26M95000£843k
2022-09-30—£32M119000£1.6M
2021-09-30—£25M118000£1.4M

A rough bracket, and why it is only that

0.4–0.7× sales
£12M
£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.