What a buyer sees
LEDWOOD PROTECTIVE COATINGS LIMITED
Painting · Pembroke Dock · 07137654
9staff · FY2023
16years trading
60oldest owner on file
£216kcash at bank
Your turnover is on public record
filed£902kfor 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
Staff9
202113 → 92023
Cash at bank£216k
2021£291k → £216k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£100,189in the middle half
£20,454£61,553£302,831
Debtor daysdays79in the top quarter
1138100
Creditor daysdays17
824104
Stock daysdaysnot on your filings
839429
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.
- A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
- Headcount fell from 15 to 9A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
- Debtor days run high for your tradeYours is 79 against 38 for the middle of 34 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 0
Nothing stands out yet from the filings alone.
What the register says
Owners
- 60since 2016
Directors
- 60since 2010
- 57since 2013
- 80since 2013
- 36since 2017
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £902k | 9 | £216k |
| 2022-12-31 | £1.0M | 15 | £68k |
| 2021-12-31 | £732k | 13 | £291k |
A rough bracket, and why it is only that
0.4–0.7× sales£360k£630k
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.