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What a buyer sees

SUBCOAL PRODUCTION TSP LTD

Manufacture of other plastic products · Dartford · 10767029

67staff · FY2023
9years trading
oldest owner on file
£368kcash at bank

Your turnover is on public record

filed
£17Mfor 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

Staff67
202134672023
Cash at bank£368k
2021£66k£368k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£255,100in the top quarter
£255,100
£92,437£147,669£271,488
Debtor daysdays47in the middle half
47
325682
Creditor daysdays54
54
143154
Stock daysdays43in the middle half
43
163978

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 2

  • The newest accounts on file are 35 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • 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

  • Sales per employee better than three quarters of your tradeYours is 255,100 against 147,669 for the middle of 106 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 35since 2021
  • 40since 2021
Accounts on public record
Year toTurnoverStaffCash
2023-09-30£17M67£368k
2022-12-31not filed68£493k
2021-12-31not filed34£66k

A rough bracket, and why it is only that

0.40.9× sales
£6.8M
£15M

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.

Prepared by Qapital from public records, against 105,750 companies that did publish a turnover. No figure here was supplied by the company and none of it is advice. What it is missing is everything that actually sets a price: profitability, contracts, customer concentration, and whoever would run it next.

Tell us the rest

Your turnover is on file, but the things that set a price are not: margin, customer concentration, who would run it next. Tell us where you are and we will read it properly.

Goes to one inbox. No list, no sequence, and we will not pass it on. We buy companies as well as advise on them, so if yours is one we would be interested in, we will tell you that before anything else happens.