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What a buyer sees

WATCH MY WHEELS LTD

Sports and recreation education · Edgware · 12795338

7staff · FY2023
6years trading
32oldest owner on file
£2kcash at bank

Your turnover is on public record

filed
£4kfor 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

Staff7
2022472023
Cash at bank£2k
2021£0k£2k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£614below almost all
£614
£7,093£17,635£59,531
Debtor daysdaysnot on your filings
829114
Creditor daysdaysnot on your filings
92585
Stock daysdaysnot on your filings
423188

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 36 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

  • Headcount grew from 4 to 7Growth a buyer can verify without asking you for anything.

What the register says

Owners

  • 32since 2020

Directors

No current directors loaded.

Accounts on public record
Year toTurnoverStaffCash
2023-08-31£4k7£2k
2022-08-31not filed4£8k
2021-08-31not filed£0k

A rough bracket, and why it is only that

0.40.9× sales
£0k
£0k

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.