← Look up another company

What a buyer sees

WEST LANCASHIRE GROUP LTD

Electrical installation · Poulton-Le-Fylde · 08132710

56staff · FY2023
14years trading
56oldest owner on file
£833kcash at bank

Your turnover is on public record

filed
£23Mfor 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

Staff56
202151562023
Cash at bank£833k
2021£763k£833k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£406,807in the top quarter
£406,807
£102,858£198,982£467,730
Debtor daysdays12below almost all
12
184694
Creditor daysdays26
26
214071
Stock daysdays31in the middle half
31
52349

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 32 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 406,807 against 198,982 for the middle of 110 comparable companies.
  • Debtor days better than three quarters of your tradeYours is 12 against 46 for the middle of 94 comparable companies.

What the register says

Owners

  • 56since 2016

Directors

  • 56since 2012
  • 62since 2016
  • 45since 2019
  • 39since 2023
Accounts on public record
Year toTurnoverStaffCash
2023-12-31£23M56£833k
2022-06-30not filed59£1.0M
2021-06-30not filed51£763k

A rough bracket, and why it is only that

0.40.7× sales
£9.1M
£16M

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.