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What a buyer sees

LPW (EUROPE) LTD

Other cleaning services · Wakefield · 06381094

87staff · FY2023
19years trading
oldest owner on file
£567kcash at bank

Your turnover is on public record

filed
£14Mfor 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

Staff87
202181872023
Cash at bank£567k
2021£357k£567k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£166,536above almost all
£166,536
£6,863£14,572£57,248
Debtor daysdays51in the middle half
51
165092
Creditor daysdays6
6
92573
Stock daysdays2below almost all
2
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 3

  • The newest accounts on file are 32 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

  • Sales per employee better than three quarters of your tradeYours is 166,536 against 14,572 for the middle of 60 comparable companies.
  • Stock days better than three quarters of your tradeYours is 2 against 20 for the middle of 194 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • since 2017
  • 62since 2017
  • 66since 2019
Accounts on public record
Year toTurnoverStaffCash
2023-12-31£14M87£567k
2022-12-31£13M92£172k
2021-12-31£14M81£357k

A rough bracket, and why it is only that

0.40.9× sales
£5.8M
£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.