What a buyer sees
J & M FURNISHINGS LIMITED
Manufacture of other furniture · Darlington · 08441716
19staff · FY2024
13years trading
62oldest owner on file
£923kcash at bank
Your turnover is on public record
filed£2.6Mfor the year to 2024
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
Staff19
202219 → 192024
Cash at bank£923k
2022£512k → £923k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£135,579in the middle half
£45,209£113,686£338,796
Debtor daysdays61in the top quarter
204873
Creditor daysdays6
132960
Stock daysdays1below almost all
93773
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 29 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.
- Debtor days run high for your tradeYours is 61 against 48 for the middle of 45 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 2
- Stock days better than three quarters of your tradeYours is 1 against 37 for the middle of 46 comparable companies.
- A board that has been together ten years or moreContinuity a buyer does not have to take on trust.
What the register says
Owners
- 62since 2016
Directors
- 62since 2013
- 63since 2013
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £2.6M | 19 | £923k |
| 2023-03-31 | not filed | 19 | £540k |
| 2022-03-31 | not filed | 19 | £512k |
A rough bracket, and why it is only that
0.4–0.9× sales£1.0M£2.3M
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.