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What a buyer sees

THE RIGHT CAR (UK) LTD

Sale of new cars and light motor vehicles · Beverley · 03708461

124staff · FY2023
27years trading
65oldest owner on file
£2.3Mcash at bank

Your turnover is on public record

filed
£60Mfor 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.

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£482,456in the middle half
£482,456
£285,975£529,574£997,448
Debtor daysdays2below almost all
2
71122
Creditor daysdays28
28
133263
Stock daysdays50in the middle half
50
274874

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 3

  • The newest accounts on file are 39 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • Everyone on the board is over 60There is no one on the register a buyer can see taking the business on. That is a discount if it stays that way and a negotiating point if it changes.
  • 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

  • 27 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
  • Debtor days better than three quarters of your tradeYours is 2 against 11 for the middle of 63 comparable companies.

What the register says

Owners

  • 65since 2025

Directors

  • since 2005
  • 65since 2024
Accounts on public record
Year toTurnoverStaffCash
2023-05-31£60M124£2.3M

A rough bracket, and why it is only that

0.40.9× sales
£24M
£54M

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.