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What a buyer sees

NATIONAL LOCUMS LTD

Temporary employment agency activities · Milton Keynes · 06808451

112staff · FY2024
17years trading
oldest owner on file
£305kcash at bank

Your turnover is on public record

filed
£44Mfor the year to 2024

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

Staff112
2022711122024
Cash at bank£305k
2022£148k£305k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£394,934in the middle half
£394,934
£22,573£228,918£618,343
Debtor daysdays38in the middle half
38
254770
Creditor daysdays4
4
81745
Stock daysdaysnot on your filings
62077

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 30 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

  • Headcount grew from 100 to 112Growth a buyer can verify without asking you for anything.
  • 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

  • 43since 2009
  • 43since 2009
  • 47since 2009
Accounts on public record
Year toTurnoverStaffCash
2024-02-29£44M112£305k
2023-02-28£35M100£312k
2022-02-28£23M71£148k

A rough bracket, and why it is only that

0.150.3× sales
£6.6M
£13M

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.