What a buyer sees
ADAM BUCHANAN SMITH LIMITED
Take-away food shops and mobile food stands · Dollar · SC387609
576staff · FY2024
16years trading
62oldest owner on file
£824kcash at bank
Your turnover is on public record
filed£27Mfor 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
Staff576
2022308 → 5762024
Cash at bank£824k
2022£1.0M → £824k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£46,036in the middle half
£16,640£33,088£75,081
Debtor daysdays0below almost all
72252
Creditor daysdays14
91547
Stock daysdays2below almost all
51155
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.
- 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.
- 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
- Headcount grew from 432 to 576Growth a buyer can verify without asking you for anything.
- Debtor days better than three quarters of your tradeYours is 0 against 22 for the middle of 58 comparable companies.
- Stock days better than three quarters of your tradeYours is 2 against 11 for the middle of 46 comparable companies.
What the register says
Owners
- 62since 2016
Directors
- 62since 2010
- since 2021
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £27M | 576 | £824k |
| 2023-03-31 | £16M | 432 | £401k |
| 2022-03-31 | not filed | 308 | £1.0M |
A rough bracket, and why it is only that
0.4–0.9× sales£11M£24M
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.