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What a buyer sees

LONGACRES GARDEN CENTRE LIMITED

Retail sale of flowers, plants, seeds, fertilizers, pet animals and pet food in specialised stores · Bagshot · 07689770

614staff · FY2023
15years trading
64oldest owner on file
£3.4Mcash at bank

Your turnover is on public record

filed
£57Mfor 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

Staff614
2021518 → 6142023
Cash at bank£3.4M
2021£4.9M → £3.4M2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£92,666in the top quarter
£92,666
£29,270£63,997£149,228
Debtor daysdays10in the bottom quarter
10
92670
Creditor daysdays30
30
143160
Stock daysdays39in the bottom quarter
39
2859102

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 32 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 4

  • Sales per employee better than three quarters of your tradeYours is 92,666 against 63,996 for the middle of 57 comparable companies.
  • Debtor days better than three quarters of your tradeYours is 10 against 26 for the middle of 121 comparable companies.
  • Stock days better than three quarters of your tradeYours is 39 against 59 for the middle of 38 comparable companies.
  • A board that has been together ten years or moreContinuity a buyer does not have to take on trust.

What the register says

Owners

  • 64since 2016
  • 61since 2016
  • 58since 2016

Directors

  • 61since 2011
  • 64since 2011
  • 58since 2011
Accounts on public record
Year toTurnoverStaffCash
2023-12-31£57M614£3.4M
2022-12-31£51M564£4.7M
2021-12-31£52M518£4.9M

A rough bracket, and why it is only that

0.25–0.5× sales
£14M
£28M

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.