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What a buyer sees

HEATCRAFT (PLUMBING & HEATING SERVICES) LIMITED

Plumbing, heat and air-conditioning installation · Manchester · 04170892

30staff · FY2026
25years trading
60oldest owner on file
£293kcash at bank

Your turnover is on public record

filed
£3.1Mfor the year to 2026

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

Staff30
20220 → 302026
Cash at bank£293k
2022£573k → £293k2026

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£102,353in the bottom quarter
£102,353
£93,327£224,106£723,233
Debtor daysdaysnot on your filings
1148103
Creditor daysdaysnot on your filings
103762
Stock daysdays9in the middle half
9
51260

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

  • Everyone on the board is over 60There is no one on the register a buyer can see taking the business on. That is a discount if it stays that way and a negotiating point if it changes.
  • 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

  • 25 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.

What the register says

Owners

  • 60since 2016

Directors

  • 60since 2001
  • since 2002
  • 65since 2022
Accounts on public record
Year toFiledTurnoverStaffCash
2026-03-312026-07-17£3.1M30£293k
2024-03-31—not filed0£403k
2023-03-31—not filed0£390k
2022-03-31—not filed0£573k

A rough bracket, and why it is only that

0.4–0.7× sales
£1.2M
£2.1M

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.