Pitchweight

Demo: IT support company, Leeds

Operating businessStage ScreeningFigures in GBP, pre-tax

Analysed 16/10/2026, 17:20:19 in GBP. Scoring model 5-provisional.

Worth investigating

Points earned out of the points that could be assessed: 80 of 100 applicable model points (80%). A headline score needs at least half of the applicable points and 50 model points assessed.

Deal Score
62/ 100
How attractive the deal looks on what could be assessed. Rule-based and provisional.
Analysis Confidence
64%
Medium confidence. How far the score can be trusted, not how good the deal is.
Assessed 80Not known yet 20What the bar shows

What limits this analysis

  • Confirm what is being sold before relying on this score: it assumes the seller's figures transfer to the buyer.
  • 7 key facts not supplied
  • Pitchweight is using its general acquisition framework. Some industry-specific risks may not be covered.
Model coverage: General

Model coverage describes how specifically Pitchweight understands this type of business. It does not change the Deal Score or the Analysis Confidence.

Pitchweight works best for SaaS, e-commerce, professional services, agencies and recruitment, franchise resales, healthcare and care services, manufacturing, lead generation and digital or content businesses. Other businesses can still be analysed using the general acquisition framework, but some industry-specific risks may not yet be covered.

What the confidence is based on
  • Score rules assessed: 80% of the applicable rule weight could be assessed.
  • Key facts supplied: 14 of 21 key facts supplied.
  • Earnings quality: SDE supplied for two or more years.
  • Financial history: Two years of figures supplied.
  • What is being sold: What is being sold is not confirmed.

Missing information lowers confidence, never the Deal Score.

Next: verify what the score rests on with the seller.

Ask seller
Listing evidence
The evidence behind the Deal Score above, and what is still worth asking.

Snapshot

Asking price
£1,800,000
What is being sold
Not stated
Business model
Not stated
Business age
9 years
Owner involvement
LowHow much the owner works, not how far the business depends on them.
Annual revenue
£1,600,000FY2025
SDE / owner's earnings
£300,000FY2025
EBITDA
£260,000FY2025
Earnings basis (chosen by Pitchweight)
SDE

Valuation evidence

  • Earnings multiple (pre-tax)6.00x
  • Asking price / EBITDA (pre-tax)6.92x
  • Asking price / revenue1.13x
  • Several earnings measures are supplied (sde / owner's earnings, ebitda). The valuation uses SDE by default; Pitchweight does not reconcile them.
  • Earnings are not normalised for the owner's work: Owner hours per week not supplied.

What looks favourable

  • Dependency on the owner personally is low.
  • At least half of revenue is recurring or contracted.
  • Revenue was flat or grew in the latest year.

What needs attention

  • Valuation HighAsking price is more than 5x SDE.
  • Customer concentration MediumFive largest customers bring a quarter to half of revenue.
  • Employee dependency MediumDependency on key employees is medium.
  • Business age MediumTrading for 3 to 10 years.
  • Margin trend MediumSDE margin fell from 19.3% in FY2024 to 18.8% in FY2025.

Findings only. What is not known yet is listed under what prevents a Deal Score, and counts as neither good nor bad.

Evidence quality

Analysis Confidence 64% (Medium). Confidence describes how much evidence Pitchweight has, not whether the deal is attractive.

  • Financial figures: Two or more years of figures
  • Verification: No marketplace verification stated
  • Not yet assessable: 20 applicable points

To verify

Nothing stated in the listing is waiting to be verified.

What to ask next

  1. What exactly is being sold: the company's shares, the business as a going concern, or only certain assets or stock? (Critical)
  2. What are the lease terms, and how many years remain? (Useful)
  3. Is inventory included in the asking price, and at what value? (Useful)
  4. What share of revenue does the largest single customer bring? (Useful)
  5. What share of customer contracts can pass to a new owner without the customer's consent or a right to end them? (Useful)
See all 7 questions

Commentary

AI interpretation, not a figure

Written by AI from the analysis on this page, and it can contain mistakes. It adds wording only: every figure and the score come from Pitchweight's calculations.

Findings

Rule-based, from your confirmed facts. Unknowns count as neither good nor bad.

Strengths 3

  • Dependency on the owner personally is low.
  • At least half of revenue is recurring or contracted.
  • Revenue was flat or grew in the latest year.

Concerns 1

  • Asking price is more than 5x SDE.

Unknowns 7

  • What is being sold not supplied
  • Net profit not supplied
  • Lease terms not supplied
  • Inventory included not supplied
  • Largest customer's share of revenue not supplied
  • Customer contracts assignable to a new owner not supplied
  • Key staff identified and staying not supplied

Risk assessment

Unknown means there is not enough information. It counts as neither good nor bad. Not applicable means the risk does not concern what the buyer is acquiring.

  • ValuationHighAsking price is more than 5x SDE.
  • Owner dependencyLowDependency on the owner personally is low.
  • Customer concentrationMediumFive largest customers bring a quarter to half of revenue.
  • Employee dependencyMediumDependency on key employees is medium.
  • Recurring revenueLowAt least half of revenue is recurring or contracted.
  • Business ageMediumTrading for 3 to 10 years.
  • Revenue trendLowRevenue was flat or grew in the latest year.
  • Margin trendMediumSDE margin fell from 19.3% in FY2024 to 18.8% in FY2025.
  • Traffic concentrationNot applicableNot applicable: assessed only for a lead-generation business.
  • Monetisation dependencyNot applicableNot applicable: assessed only for a lead-generation business.
Metrics10 metrics, 5 unavailableCalculated by Pitchweight

Calculated by Pitchweight from your confirmed facts. All metrics are pre-tax.

MetricValueBasis
Asking price / revenue1.13x
Earnings multiple (pre-tax)6.00xSDE
Reported earnings / asking price (pre-tax)16.67%SDE
Asking price / SDE (pre-tax)6.00xSDE
Asking price / EBITDA (pre-tax)6.92xEBITDA
Normalised earnings (pre-tax)Owner hours per week not supplied.normalised SDE
Normalised earnings multiple (pre-tax)Owner hours per week not supplied.normalised SDE
Owner replacement cost (yearly, your assumption)Owner hours per week not supplied.
Reported assets / asking priceNo included inventory, equipment or fixtures value supplied.
Asking price after reported assetsNo included inventory, equipment or fixtures value supplied.
How the Deal Score was calculated10 rules assessed, 10 unknown, 3 not applicable

Rules without enough information are excluded rather than scored as good or bad. Rules that do not apply to what the buyer is acquiring are left out of the applicable points. Each category shows the points earned out of the points its assessed rules could earn.

Category and rulePointsWhy
Valuation4.4 / 20
Earnings multiple1.2 / 12Asking price is more than 5x SDE.
Revenue multiple3.2 / 8Asking price is 1x to 2x revenue.
Financial quality14.8 / 20
Earnings margin4.8 / 8SDE margin of 10% to 20%.
Revenue trend8 / 8Revenue was flat or grew in the latest year.
Margin trend2 / 4SDE margin fell from 19.3% in FY2024 to 18.8% in FY2025.
Business quality16 / 20
Business age4 / 8Trading for 3 to 10 years.
Recurring revenue12 / 12At least half of revenue is recurring or contracted.
Monetisation dependencyNot applicableNot applicable: assessed only for a lead-generation business.
Risk14 / 20
Owner dependency8 / 8Dependency on the owner personally is low.
Customer concentration4 / 8Five largest customers bring a quarter to half of revenue.
Traffic concentrationNot applicableNot applicable: assessed only for a lead-generation business.
Employee dependency2 / 4Dependency on key employees is medium.
TransferabilityUnknown
Brand and trading name includedUnknownNot stated.
Website and domain includedUnknownNot stated.
Customer contracts transferUnknownNot stated.
Marketplace and sales accounts includedUnknownNot stated.
Analytics, search console and ad accounts transferNot applicableNot applicable: a component of another business model.
Supplier contracts transferUnknownNot stated.
Licences and approvals transferUnknownNot stated.
Key systems and accounts transferUnknownNot stated.
Intellectual property includedUnknownNot stated.
Employees transferUnknownNot stated.
Deal-specific factorsUnknown
Asset backingUnknownNo included inventory, equipment or fixtures value supplied.
Questions to ask the seller7 questions

Ranked by how much the answer could change the conclusion.

Critical

  1. What exactly is being sold: the company's shares, the business as a going concern, or only certain assets or stock?

Useful

  1. What are the lease terms, and how many years remain?
  2. Is inventory included in the asking price, and at what value?
  3. What share of revenue does the largest single customer bring?
  4. What share of customer contracts can pass to a new owner without the customer's consent or a right to end them?
  5. Have the key staff been identified, and have they agreed to stay after the sale?
  6. What was net profit for each of the last three years?

How to read this page

  • Calculated by Pitchweight
  • Not stated Missing, never guessed
  • High risk or red flag
  • Medium risk
  • Low risk or favourable
  • AI interpretation is set in this typeface.

Pitchweight supports your decision on whether a deal is worth investigating further. It is not financial, legal or accounting advice. It supports your due diligence: you remain responsible for verifying material information and for getting professional advice where appropriate.