← Look up another company

What a buyer sees

HOME ENERGY AND TECHNOLOGY LTD

Plumbing, heat and air-conditioning installation · Glasgow · SC683959

15staff · FY2023
6years trading
oldest owner on file
£513kcash at bank

Your turnover is on public record

filed
£7.4Mfor 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

Cash at bank£513k
2021£0k£513k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£494,413in the top quarter
£494,413
£93,327£224,106£723,233
Debtor daysdaysnot on your filings
1148103
Creditor daysdaysnot on your filings
103762
Stock daysdays8in the middle half
8
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 4

  • The newest accounts on file are 34 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • One director on the registerA buyer's first question about a company run by one person is what happens to it if that person stops. It is usually the first thing priced.
  • 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 1

  • Sales per employee better than three quarters of your tradeYours is 494,413 against 224,106 for the middle of 51 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 63since 2024
Accounts on public record
Year toTurnoverStaffCash
2023-10-31£7.4M15£513k
2021-12-31not filed£0k

A rough bracket, and why it is only that

0.40.7× sales
£3.0M
£5.2M

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.