What a buyer sees
JE RESTAURANTS LIMITED
Other retail sale of food in specialised stores · Glasgow · SC504238
917staff · FY2023
11years trading
68oldest owner on file
£2.2Mcash at bank
Your turnover is on public record
filed£39Mfor 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
Staff917
2021261 → 9172023
Cash at bank£2.2M
2021£919k → £2.2M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£42,569in the middle half
£20,033£44,900£155,638
Debtor daysdaysnot on your filings
92670
Creditor daysdays18
133365
Stock daysdays2below almost all
72486
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.
- One director on the registerA buyer's first question about a company run by one person is what happens to it if that person stops. It is usually the first thing priced.
- 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.
- 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
- Headcount grew from 601 to 917Growth a buyer can verify without asking you for anything.
- Stock days better than three quarters of your tradeYours is 2 against 24 for the middle of 36 comparable companies.
What the register says
Owners
- 68since 2016
Directors
- 68since 2015
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £39M | 917 | £2.2M |
| 2022-12-31 | £20M | 601 | £3.2M |
| 2021-12-31 | not filed | 261 | £919k |
A rough bracket, and why it is only that
0.25–0.5× sales£9.8M£20M
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.