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What a buyer sees

THE GOOD OIL LIMITED

Licensed restaurants · London · 07755179

84staff · FY2023
15years trading
—oldest owner on file
£724kcash at bank

Your turnover is on public record

filed
£5.3Mfor 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

Staff84
202177 → 842023
Cash at bank£724k
2021£971k → £724k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£63,232in the middle half
£63,232
£33,428£64,574£86,748
Debtor daysdays6below almost all
6
61079
Creditor daysdays30
30
112244
Stock daysdays2below almost all
2
5817

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 3

  • The newest accounts on file are 39 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • Headcount fell from 104 to 84A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
  • 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 2

  • Debtor days better than three quarters of your tradeYours is 6 against 10 for the middle of 64 comparable companies.
  • Stock days better than three quarters of your tradeYours is 2 against 8 for the middle of 49 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 59since 2011
  • 48since 2011
  • 53since 2011
  • since 2019
Accounts on public record
Year toTurnoverStaffCash
2023-06-25£5.3M84£724k
2022-06-26not filed104£931k
2021-06-27not filed77£971k

A rough bracket, and why it is only that

0.4–0.9× sales
£2.1M
£4.8M

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.