What a buyer sees
J D GEERING'S PLUMBING & HEATING LIMITED
Plumbing, heat and air-conditioning installation · Rochester · 03340467
28staff · FY2023
29years trading
—oldest owner on file
£628kcash at bank
Your turnover is on public record
filed£15Mfor the year to 2023
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
Staff28
202130 → 282023
Cash at bank£628k
2021£1.0M → £628k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£524,146in the top quarter
£93,327£224,106£723,233
Debtor daysdays33in the middle half
1148103
Creditor daysdays43
103762
Stock daysdays18in the middle half
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
- The newest accounts on file are 33 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
- 29 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Sales per employee better than three quarters of your tradeYours is 524,146 against 224,106 for the middle of 51 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
Nobody recorded with significant control.
Directors
- 55since 1997
- 40since 2014
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-11-30 | £15M | 28 | £628k |
| 2022-11-30 | £11M | 29 | £721k |
| 2021-11-30 | £8.3M | 30 | £1.0M |
A rough bracket, and why it is only that
0.4–0.7× sales£5.9M£10M
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.