What a buyer sees
PENN-WHITE LIMITED
Manufacture of other chemical products n.e.c. · Middlewich · 05436576
29staff · FY2024
21years trading
—oldest owner on file
£1.9Mcash at bank
Your turnover is on public record
filed£14Mfor 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
Staff29
202229 → 292024
Cash at bank£1.9M
2022£82k → £1.9M2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£471,686in the middle half
£106,175£327,862£821,214
Debtor daysdays70in the middle half
315790
Creditor daysdays20
113264
Stock daysdays34in the middle half
234875
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.
- A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
- 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
- 21 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
- 82since 2023
- 31since 2023
- 55since 2023
- 36since 2025
- 33since 2026
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £14M | 29 | £1.9M |
| 2023-03-31 | £8.5M | 28 | £424k |
| 2022-08-31 | £16M | 29 | £82k |
A rough bracket, and why it is only that
0.4–0.9× sales£5.5M£12M
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.