What a buyer sees
TRURO CATHEDRAL LIMITED
Other retail sale in non-specialised stores · Truro · 04917372
5staff · FY2023
23years trading
—oldest owner on file
£9kcash at bank
Your turnover is on public record
filed£112kfor 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
Staff5
202112 → 52023
Cash at bank£9k
2021£35k → £9k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£22,440in the middle half
£12,743£42,800£180,348
Debtor daysdaysnot on your filings
82777
Creditor daysdays16
922138
Stock daysdays140in the top quarter
1264245
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 5
- 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.
- Headcount fell from 12 to 5A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
- Stock days run high for your tradeYours is 140 against 64 for the middle of 77 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
- 23 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 68since 2007
- 87since 2007
- 64since 2018
- 64since 2018
- since 2020
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £112k | 5 | £9k |
| 2022-12-31 | £330k | 12 | £31k |
| 2021-12-31 | £232k | 12 | £35k |
A rough bracket, and why it is only that
0.25–0.5× sales£30k£60k
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.