What a buyer sees
ABBEY UPHOLSTERERS LIMITED
Manufacture of other furniture · Carrickfergus · NI010849
115staff · FY2023
51years trading
53oldest owner on file
£215kcash at bank
Your turnover is on public record
filed£9.9Mfor 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
Staff115
2020100 → 1152023
Cash at bank£215k
2020£733k → £215k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£86,142below almost all
£92,426£123,071£219,747
Debtor daysdays61in the middle half
204873
Creditor daysdays48
142849
Stock daysdays69in the top quarter
93773
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.
- Stock days run high for your tradeYours is 69 against 37 for the middle of 46 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 3
- 51 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 99 to 115Growth a buyer can verify without asking you for anything.
- 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 2019
Directors
- 82since 1975
- since 2005
- 53since 2008
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £9.9M | 115 | £215k |
| 2022-12-31 | not filed | 99 | £286k |
| 2021-12-31 | £4.0M | 94 | £341k |
| 2020-12-31 | £7.1M | 100 | £733k |
A rough bracket, and why it is only that
0.4–0.9× sales£4.0M£8.9M
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.