What a buyer sees
BEN HOARE BELL LLP
Sunderland · OC314642
51staff · FY2024
21years trading
58oldest owner on file
£925kcash at bank
Your turnover is on public record
filed£2.8Mfor 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
Staff51
202268 → 512024
Cash at bank£925k
2022£1.2M → £925k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£54,973in the middle half
£19,100£114,401£651,101
Debtor daysdays55in the middle half
1245110
Creditor daysdaysnot on your filings
102888
Stock daysdaysnot on your filings
738149
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 29 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- Headcount fell from 65 to 51A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
- 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
- 21 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- A board that has been together ten years or moreContinuity a buyer does not have to take on trust.
What the register says
Owners
- 53since 2022
- 58since 2022
Directors
- 53since 2006
- 58since 2016
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £2.8M | 51 | £925k |
| 2023-03-31 | £3.2M | 65 | £1.1M |
| 2022-03-31 | not filed | 68 | £1.2M |
A rough bracket, and why it is only that
0.4–0.9× sales£1.1M£2.5M
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.