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What a buyer sees

GLENMERE TIMBER HOLDING CO LIMITED

Other business support service activities n.e.c. · Market Harborough · 13286599

24staff · FY2024
5years trading
71oldest owner on file
£354kcash at bank

Your turnover is on public record

filed
£9.3Mfor the year to 2024

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

Staff24
202230 → 242024
Cash at bank£354k
2022£1k → £354k2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£389,113in the middle half
£389,113
£41,286£229,589£1,187,347
Debtor daysdays77in the top quarter
77
1451109
Creditor daysdays29
29
92679
Stock daysdays129in the top quarter
129
744146

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 6

  • The newest accounts on file are 29 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • Everyone on the board is over 60There is no one on the register a buyer can see taking the business on. That is a discount if it stays that way and a negotiating point if it changes.
  • Headcount fell from 28 to 24A buyer sees the fall and not the reason. Deliberate tightening and losing people look identical on a filing.
  • Debtor days run high for your tradeYours is 77 against 51 for the middle of 254 comparable companies. That gap is working capital a buyer has to fund on day one, and it comes off the price.
  • Stock days run high for your tradeYours is 129 against 44 for the middle of 127 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 0

Nothing stands out yet from the filings alone.

What the register says

Owners

  • 71since 2021

Directors

  • 65since 2021
  • 68since 2021
  • 71since 2021
  • 61since 2021
Accounts on public record
Year toTurnoverStaffCash
2024-03-31£9.3M24£354k
2023-03-31£12M28£185k
2022-03-31£14M30£1k

A rough bracket, and why it is only that

0.4–0.9× sales
£3.7M
£8.4M

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.