What a buyer sees
WIDDOP BINGHAM & CO. LIMITED
Wholesale of household goods (other than musical instruments) n.e.c. · Chadderton · 00171327
125staff · FY2023
106years trading
—oldest owner on file
£1.4Mcash at bank
Your turnover is on public record
filed£23Mfor 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
Staff125
2021119 → 1252023
Cash at bank£1.4M
2021£2.7M → £1.4M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£185,184in the bottom quarter
£179,345£328,550£565,072
Debtor daysdays45in the middle half
225072
Creditor daysdays13
111947
Stock daysdays126in the top quarter
3774132
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 126 against 74 for the middle of 43 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 1
- 106 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 43since 2017
- 56since 2019
- 38since 2023
- 59since 2023
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £23M | 125 | £1.4M |
| 2021-12-31 | £24M | 119 | £2.7M |
A rough bracket, and why it is only that
0.35–0.55× sales£8.1M£13M
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.