Top three customers as a share of current-year revenue.
Advisor sample assessment
What an evidence-backed baseline looks like.
A realistic, source-labelled assessment for a fictional owner-led manufacturer—built to show the level of specificity an advisor can take into the first planning conversation.
Illustrative composite. No real client, business or confidential information is included. It is not a valuation, audit or quality-of-earnings opinion.
The case
Specific enough to act on. Honest enough to trust.
Northline is an owner-led precision-components manufacturer preparing for a future exit. The records are usable, but the first review shows that the commercial story needs to be made more transferable.
Every finding below is tied to a period, a source and a confidence label. Open questions stay open instead of being turned into a polished guess.
The baseline
Four signals an advisor can put on the table.
These are decision-support signals—not a single magic score.
Current-year revenue from customers retained into the next period.
Current-year revenue where the founder is the primary relationship owner.
Median close time across the latest six months.
Provenance first
What is known, and what still needs a conversation.
A source label keeps the advisor’s next question visible.
| Area | Status | Evidence used | Finding |
|---|---|---|---|
| Revenue and customer mix | Verified | Accounting export + customer revenue ledger | 44.0% top-three concentration |
| Retention and repeat revenue | Verified | Customer revenue bridge across two periods | 88.0% retained-customer revenue |
| Founder relationship ownership | Partial | CRM ownership fields; owner validation pending | 60.5% founder-primary revenue |
| Commercial terms | Partial | Contract register and invoice terms | Written-term coverage is 29.5% |
| Close and receivables | Verified | Monthly close log + AR ageing | 14-day latest median close |
Advisor review is required. Antesa makes the calculation and the gap visible; the advisor supplies context, validates the evidence and decides what belongs in the client conversation.
For independent exit advisors
Use the sample to judge the work.
We are opening a small private pilot for advisors who want to test Antesa on their own workflow before committing to a broader system.