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What a buyer sees

TRIAX UK LIMITED

Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them) · Mid Glamorgan · 02213714

19staff · FY2023
38years trading
oldest owner on file
£465kcash at bank

Your turnover is on public record

filed
£8.7Mfor 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

Staff19
202141192023
Cash at bank£465k
2021£57k£465k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£457,226in the middle half
£457,226
£77,289£362,122£1,543,421
Debtor daysdays63in the middle half
63
234083
Creditor daysdays64
64
1250331
Stock daysdays72in the middle half
72
3381403

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.
  • Headcount fell from 38 to 19A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
  • 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

  • 38 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

  • 45since 2026
  • 47since 2026
  • 38since 2026
Accounts on public record
Year toTurnoverStaffCash
2023-12-31£8.7M19£465k
2022-12-31£12M38£1.4M
2021-12-31£13M41£57k

A rough bracket, and why it is only that

0.350.55× sales
£3.0M
£4.8M

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.

Prepared by Qapital from public records, against 105,750 companies that did publish a turnover. No figure here was supplied by the company and none of it is advice. What it is missing is everything that actually sets a price: profitability, contracts, customer concentration, and whoever would run it next.

Tell us the rest

Your turnover is on file, but the things that set a price are not: margin, customer concentration, who would run it next. Tell us where you are and we will read it properly.

Goes to one inbox. No list, no sequence, and we will not pass it on. We buy companies as well as advise on them, so if yours is one we would be interested in, we will tell you that before anything else happens.