What a buyer sees
PGL ENTERPRISES LIMITED
Unlicensed restaurants and cafes · Llandudno · 05490770
718staff · FY2023
21years trading
66oldest owner on file
£3.7Mcash at bank
Your turnover is on public record
filed£27Mfor 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
Staff718
2021582 → 7182023
Cash at bank£3.7M
2021£3.5M → £3.7M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£37,924in the bottom quarter
£34,755£41,572£50,964
Debtor daysdays0below almost all
72252
Creditor daysdays5
101331
Stock daysdays2below almost all
4737
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 3
- The newest accounts on file are 32 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- 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 3
- 21 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Debtor days better than three quarters of your tradeYours is 0 against 22 for the middle of 58 comparable companies.
- Stock days better than three quarters of your tradeYours is 2 against 7 for the middle of 63 comparable companies.
What the register says
Owners
- 66since 2016
Directors
- 66since 2005
- 69since 2023
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £27M | 718 | £3.7M |
| 2022-12-31 | £25M | 666 | £3.5M |
| 2021-12-31 | £24M | 582 | £3.5M |
A rough bracket, and why it is only that
0.4–0.9× sales£11M£25M
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.