What a buyer sees
LIFEPLAN PRODUCTS LIMITED
Manufacture of other food products n.e.c. · Lutterworth · 01843973
63staff · FY2023
42years trading
66oldest owner on file
£289kcash at bank
Your turnover is on public record
filed£7.5Mfor 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
Staff63
2021100 → 632023
Cash at bank£289k
2021£107k → £289k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£119,824in the bottom quarter
£95,089£228,153£441,871
Debtor daysdays54in the middle half
355672
Creditor daysdays59
193359
Stock daysdays71in the top quarter
183978
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 4
- 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.
- Headcount fell from 90 to 63A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
- Stock days run high for your tradeYours is 71 against 39 for the middle of 52 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 1
- 42 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
What the register says
Owners
- 66since 2022
Directors
- 41since 2022
- 66since 2022
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-09-30 | £7.5M | 63 | £289k |
| 2022-09-30 | £12M | 90 | £66k |
| 2021-05-31 | £11M | 100 | £107k |
A rough bracket, and why it is only that
0.4–0.9× sales£3.0M£6.8M
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.