What a buyer sees
REISSER LIMITED
Non-specialised wholesale trade · Manchester · 01596414
19staff · FY2024
45years trading
73oldest owner on file
£24kcash at bank
Your turnover is on public record
filed£18Mfor 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
Staff19
202218 → 192024
Cash at bank£24k
2022£18k → £24k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£952,679in the top quarter
£165,955£424,674£1,097,429
Debtor daysdays29in the bottom quarter
225791
Creditor daysdays40
92661
Stock daysdays179above almost all
2262151
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 29 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 179 against 62 for the middle of 208 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 4
- 45 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 952,679 against 424,674 for the middle of 224 comparable companies.
- Debtor days better than three quarters of your tradeYours is 29 against 57 for the middle of 200 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
- 73since 2016
- 62since 2016
Directors
- 62since 1993
- 55since 2011
- 73
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £18M | 19 | £24k |
| 2023-03-31 | £14M | 19 | £137k |
| 2022-03-31 | £15M | 18 | £18k |
A rough bracket, and why it is only that
0.35–0.55× sales£6.3M£10.0M
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.