What a buyer sees
FIRST FENCE LIMITED
Manufacture of metal structures and parts of structures · Swadlincote · 07142033
131staff · FY2022
16years trading
—oldest owner on file
£60kcash at bank
Your turnover is on public record
filed£26Mfor the year to 2022
Unusual at this size, and it works in your favour: a buyer is reading your number rather than guessing at one.
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£200,863in the middle half
£102,718£170,458£318,709
Debtor daysdays14below almost all
276084
Creditor daysdays49
184368
Stock daysdays116above almost all
73199
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 54 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 116 against 31 for the middle of 68 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
- Debtor days better than three quarters of your tradeYours is 14 against 60 for the middle of 74 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 47since 2010
- 46since 2014
- 48since 2021
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2022-02-28 | £26M | 131 | £60k |
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.