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What a buyer sees

FRESH GROWERS LIMITED

Growing of vegetables and melons, roots and tubers · Newark · 03533436

28staff · FY2023
28years trading
—oldest owner on file
£794kcash at bank

Your turnover is on public record

filed
£15Mfor 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

Staff28
202130 → 282023
Cash at bank£794k
2021£787k → £794k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£547,200above almost all
£547,200
£26,317£143,602£453,023
Debtor daysdays67above almost all
67
123162
Creditor daysdays23
23
163375
Stock daysdays2below almost all
2
92483

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.
  • Debtor days run high for your tradeYours is 67 against 31 for the middle of 44 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 3

  • 28 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 547,200 against 143,602 for the middle of 44 comparable companies.
  • Stock days better than three quarters of your tradeYours is 2 against 24 for the middle of 39 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 80since 2006
  • 57since 2011
  • 62since 2013
  • 47since 2016
  • 41since 2026
Accounts on public record
Year toTurnoverStaffCash
2023-12-31£15M28£794k
2022-12-31£15M28£663k
2021-12-31£13M30£787k

A rough bracket, and why it is only that

0.4–0.9× sales
£6.1M
£14M

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.