What a buyer sees
CROCODILE PRODUCTS LIMITED
Other construction installation · Huddersfield · 07904764
51staff · FY2023
14years trading
65oldest owner on file
£2.0Mcash at bank
Your turnover is on public record
filed£16Mfor 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
Staff51
202154 → 512023
Cash at bank£2.0M
2021£1.9M → £2.0M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£307,167in the middle half
£123,898£231,728£516,284
Debtor daysdays3below almost all
164396
Creditor daysdays32
193351
Stock daysdays41in the top quarter
52189
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 38 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 41 against 20 for the middle of 85 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
- Debtor days better than three quarters of your tradeYours is 3 against 43 for the middle of 53 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
- 65since 2016
- 64since 2016
- 57since 2024
Directors
- 64since 2012
- since 2014
- 57since 2014
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-06-30 | £16M | 51 | £2.0M |
| 2021-06-30 | not filed | 54 | £1.9M |
A rough bracket, and why it is only that
0.4–0.7× sales£6.3M£11M
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.