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What a buyer sees

RIVERSIDE MUSIC COLLEGE LIMITED

Technical and vocational secondary education · Glasgow · SC582569

17staff · FY2024
9years trading
—oldest owner on file
£195kcash at bank

Your turnover is on public record

filed
£741kfor 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

Staff17
202217 → 172024
Cash at bank£195k
2022£246k → £195k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£43,588in the middle half
£43,588
£16,452£43,410£101,129
Debtor daysdaysnot on your filings
1138114
Creditor daysdays10
10
81980
Stock daysdaysnot on your filings
419161

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 29 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 0

Nothing stands out yet from the filings alone.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 73since 2017
  • 49since 2017
  • 70since 2017
  • 43since 2017
Accounts on public record
Year toTurnoverStaffCash
2024-03-31£741k17£195k
2023-03-31not filed16£267k
2022-03-31not filed17£246k

A rough bracket, and why it is only that

0.4–0.9× sales
£300k
£670k

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.