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What a buyer sees

TRUE EUROPE LLP

London · OC389724

59staff · FY2021
13years trading
oldest owner on file
£5.4Mcash at bank

Your turnover is on public record

filed
£22Mfor the year to 2021

Unusual at this size, and it works in your favour: a buyer is reading your number rather than guessing at one.

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£370,748in the top quarter
£370,748
£19,100£114,401£651,101
Debtor daysdays36in the middle half
36
1245110
Creditor daysdays1
1
102888
Stock daysdaysnot on your filings
738149

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 56 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 1

  • Sales per employee better than three quarters of your tradeYours is 370,748 against 114,401 for the middle of 30,298 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • since 2013
  • since 2019
Accounts on public record
Year toTurnoverStaffCash
2021-12-31£22M59£5.4M

A rough bracket, and why it is only that

0.40.9× sales
£8.8M
£20M

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.