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What a buyer sees

LOCUM PEOPLE LTD

Other activities of employment placement agencies · Milton Keynes · 07890931

55staff · FY2024
15years trading
—oldest owner on file
£89kcash at bank

Your turnover is on public record

filed
£33Mfor 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

Staff55
202235 → 552024
Cash at bank£89k
2022£183k → £89k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£609,027in the top quarter
£609,027
£61,893£285,365£708,549
Debtor daysdays42in the middle half
42
264872
Creditor daysdays1
1
81327
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 3

  • Headcount grew from 47 to 55Growth a buyer can verify without asking you for anything.
  • Sales per employee better than three quarters of your tradeYours is 609,027 against 285,365 for the middle of 78 comparable companies.
  • 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

  • 47since 2011
  • 43since 2011
  • 43since 2013
Accounts on public record
Year toTurnoverStaffCash
2024-02-29£33M55£89k
2023-02-28£31M47£204k
2022-02-28not filed35£183k

A rough bracket, and why it is only that

0.15–0.3× sales
£5.0M
£10M

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.