Maybe you can take the £350k trade debtors number and assume that it’s ~90 days of revenue and they are making £1.4MM of revenue p.a. - or shifting about £100 MM of property, maybe 5-10 sales a month? Not a huge amount to go around for 34 employees.
I remember someone on this thread saying they paid around that (who was it that had the place with the sunken bath, bamboo screening etc?). I was surprised as I expected a premium too.
Maybe you can take the £350k trade debtors number and assume that it’s ~90 days of revenue and they are making £1.4MM of revenue p.a. - or shifting about £100 MM of property, maybe 5-10 sales a month? Not a huge amount to go around for 34 employees.