What a buyer sees
DUNCAN LEWIS SOLICITORS LTD
Solicitors · London · 03718422
Nobody can see what you turn over
4.5× spreadYou file abbreviated accounts, as almost every company your size does, so the profit and loss account is not on public record. That band is what your balance sheet implies to anyone who looks: 3 figures against 77 companies in the same trade. An opening offer is built on the bottom of it.
What your filings show moving
How you sit in your trade
slowest tenth typical fastest tenth youEach 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
- Your turnover is not on fileYou file abbreviated accounts, as most companies your size do, so a buyer cannot see what the business turns over and has to estimate it. Working only from what you filed, the range lands between £19M and £83M. An opening offer is built on the low end of whatever they guess.
- The newest accounts on file are 29 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.
- 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
- 27 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
What the register says
Owners
- 53since 2016
Directors
- 55since 1999
- 53since 1999
- 86since 2010
- 56since 2011
- 48since 2011
- 57since 2011
- 63since 2011
- 55since 2011
- 49since 2012
- 50since 2012
- 48since 2013
- 52since 2013
- 43since 2013
- 47since 2013
- 49since 2015
- 50since 2015
- 43since 2015
- 49since 2016
- 61since 2016
- 55since 2016
- 57since 2016
- 46since 2017
- 43since 2017
- 44since 2017
- 42since 2017
- 50since 2018
- 61since 2018
- 48since 2020
- since 2020
- 40since 2021
- 38since 2022
- 40since 2022
- 45since 2022
- 48since 2022
- 38since 2022
- 40since 2022
- 46since 2022
- 38since 2022
- 45since 2022
- 47since 2022
- 66since 2023
- 53since 2023
- 43since 2023
- 42since 2024
- 42since 2024
- 34since 2024
- 42since 2024
- 48since 2025
- 33since 2025
- 58since 2025
- 34since 2025
- 33since 2026
- 46since 2026
- 30since 2026
- 39since 2026
- 57since 2026
- 50since 2026
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | not filed | 582 | £1.7M |
| 2023-03-31 | not filed | 588 | £1.3M |
| 2022-03-31 | not filed | 609 | £2.9M |
A rough bracket, and why it is only that
0.8–1.8× salesThe 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.