What a buyer sees
TAG-LOCH ENGINEERING LIMITED
Installation of industrial machinery and equipment · Manchester · 02752274
1staff · FY2023
34years trading
67oldest owner on file
£954kcash at bank
Your turnover is on public record
filed£110kfor 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
Staff1
20211 → 12023
Cash at bank£954k
2021£939k → £954k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£110,000in the bottom quarter
£58,419£229,755£589,619
Debtor daysdays167above almost all
2759117
Creditor daysdays268
133576
Stock daysdaysnot on your filings
1045104
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 4
- The newest accounts on file are 35 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- The register shows an owner past retirement age and little elseWithout directors on file, a buyer cannot tell who actually runs the business day to day.
- Debtor days run high for your tradeYours is 167 against 59 for the middle of 58 comparable companies. That gap is working capital a buyer has to fund on day one, and it comes off the price.
- 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
- 34 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
What the register says
Owners
- 67since 2016
Directors
No current directors loaded.
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-10-01 | £110k | 1 | £954k |
| 2022-10-01 | £100k | 1 | £934k |
| 2021-10-01 | £81k | 1 | £939k |
A rough bracket, and why it is only that
0.4–0.9× sales£40k£100k
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.