What a buyer sees
MEIRION DAVIES & CO. LIMITED
Other retail sale in non-specialised stores · Denbigh · 05031424
21staff · FY2024
22years trading
62oldest owner on file
£916kcash 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
Staff21
202219 → 212024
Cash at bank£916k
2022£475k → £916k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£644,024above almost all
£37,623£131,230£597,416
Debtor daysdays71in the top quarter
82777
Creditor daysdays31
102988
Stock daysdays86in the top quarter
94987
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 29 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- Everyone on the board is over 60There is no one on the register a buyer can see taking the business on. That is a discount if it stays that way and a negotiating point if it changes.
- Debtor days run high for your tradeYours is 71 against 27 for the middle of 76 comparable companies. That gap is working capital a buyer has to fund on day one, and it comes off the price.
- Stock days run high for your tradeYours is 86 against 49 for the middle of 41 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
- 22 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Sales per employee better than three quarters of your tradeYours is 644,024 against 131,230 for the middle of 49 comparable companies.
- A board that has been together ten years or moreContinuity a buyer does not have to take on trust.
What the register says
Owners
- 55since 2020
- 62since 2020
Directors
- since 2004
- 62since 2004
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £14M | 21 | £916k |
| 2023-03-31 | £14M | 20 | £1.0M |
| 2022-03-31 | not filed | 19 | £475k |
A rough bracket, and why it is only that
0.25–0.5× sales£3.4M£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.