What a buyer sees
SEK GLASGOW LIMITED
Public houses and bars · Glasgow · SC656502
11staff · FY2024
6years trading
66oldest owner on file
£12kcash at bank
Your turnover is on public record
filed£307kfor 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
Staff11
202312 → 112024
Cash at bank£12k
2023£7k → £12k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£27,909in the middle half
£14,180£33,885£65,758
Debtor daysdaysnot on your filings
71882
Creditor daysdays38
92146
Stock daysdays11in the top quarter
5717
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.
- One director on the registerA buyer's first question about a company run by one person is what happens to it if that person stops. It is usually the first thing priced.
- 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.
- Stock days run high for your tradeYours is 11 against 7 for the middle of 39 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 0
Nothing stands out yet from the filings alone.
What the register says
Owners
- 66since 2024
Directors
- 66since 2024
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £307k | 11 | £12k |
| 2023-03-31 | not filed | 12 | £7k |
A rough bracket, and why it is only that
0.4–0.9× sales£120k£280k
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.