What a buyer sees
PICCADILLY GREETINGS GROUP LIMITED
Printing n.e.c. · Hemel Hempstead · 02567156
74staff · FY2023
36years trading
63oldest owner on file
£1.4Mcash at bank
Your turnover is on public record
filed£6.3Mfor 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
Staff74
202156 → 742023
Cash at bank£1.4M
2021£1.2M → £1.4M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£85,142in the bottom quarter
£74,379£150,833£233,031
Debtor daysdays57in the middle half
306192
Creditor daysdays10
214569
Stock daysdays39above almost all
81939
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 38 against 19 for the middle of 51 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 2
- 36 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 56 to 74Growth a buyer can verify without asking you for anything.
What the register says
Owners
- 63since 2016
Directors
- 63since 1993
- 62since 1999
- 38since 2014
- 37since 2019
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £6.3M | 74 | £1.4M |
| 2021-12-31 | not filed | 56 | £1.2M |
A rough bracket, and why it is only that
0.4–0.9× sales£2.5M£5.7M
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.