What a buyer sees
LOFTHOUSE OF FLEETWOOD LIMITED
Manufacture of sugar confectionery · Lancashire · 00781277
334staff · FY2023
63years trading
75oldest owner on file
£23Mcash at bank
Your turnover is on public record
filed£66Mfor 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
Staff334
2021334 → 3342023
Cash at bank£23M
2021£32M → £23M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£199,072in the middle half
£79,504£145,354£269,861
Debtor daysdays36in the bottom quarter
234984
Creditor daysdays22
133264
Stock daysdays58in the middle half
940100
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 2
- 63 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 36 against 49 for the middle of 206 comparable companies.
What the register says
Owners
- 75since 2016
Directors
- 74since 2021
- 75
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £66M | 334 | £23M |
| 2022-12-31 | £53M | 330 | £28M |
| 2021-12-31 | £33M | 334 | £32M |
A rough bracket, and why it is only that
0.4–0.9× sales£27M£60M
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.