What a buyer sees
TANVIC GROUP LIMITED
Maintenance and repair of motor vehicles · Notts · 00985614
262staff · FY2023
56years trading
54oldest owner on file
£2.3Mcash at bank
Your turnover is on public record
filed£69Mfor 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
Staff262
2021261 → 2622023
Cash at bank£2.3M
2021£106k → £2.3M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£264,371above almost all
£25,170£78,402£190,443
Debtor daysdays36in the middle half
113579
Creditor daysdays33
112870
Stock daysdays55in the top quarter
52094
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 4
- 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.
- A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
- Stock days run high for your tradeYours is 55 against 20 for the middle of 143 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
- 56 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Sales per employee better than three quarters of your tradeYours is 264,371 against 78,402 for the middle of 306 comparable companies.
What the register says
Owners
- 54since 2016
Directors
- since 2002
- 54since 2025
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £69M | 262 | £2.3M |
| 2022-12-31 | £66M | 262 | £2.3M |
| 2021-12-31 | £59M | 261 | £106k |
A rough bracket, and why it is only that
0.4–0.9× sales£28M£62M
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.