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What a buyer sees

OIL & GAS SYSTEMS LIMITED

Manufacture of electronic measuring, testing etc. equipment, not for industrial process control · Ely · 02167775

43staff · FY2023
39years trading
54oldest owner on file
£1.3Mcash at bank

Your turnover is on public record

filed
£4.9Mfor 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

Staff43
202152 → 432023
Cash at bank£1.3M
2021£359k → £1.3M2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£114,000in the bottom quarter
£114,000
£69,612£139,091£471,088
Debtor daysdays171above almost all
171
2251107
Creditor daysdays58
58
112356
Stock daysdaysnot on your filings
1766186

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 32 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
  • Debtor days run high for your tradeYours is 171 against 51 for the middle of 41 comparable companies. That gap is working capital a buyer has to fund on day one, and it comes off the price.
  • 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

  • 39 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.

What the register says

Owners

  • 40since 2025
  • 54since 2025

Directors

  • 68since 1996
  • since 2007
  • 40since 2025
Accounts on public record
Year toTurnoverStaffCash
2023-12-31£4.9M43£1.3M
2022-12-31£6.7M44£2.4M
2021-12-31£15M52£359k

A rough bracket, and why it is only that

0.4–0.9× sales
£2.0M
£4.4M

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.