← Look up another company

What a buyer sees

CRAIGTON FOODS LIMITED

Unlicensed restaurants and cafes · Aberdeen · SC421599

781staff · FY2023
14years trading
60oldest owner on file
£2.4Mcash 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

Staff781
2021872 → 7812023
Cash at bank£2.4M
2021£2.0M → £2.4M2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£49,338in the top quarter
£49,338
£34,755£41,572£50,964
Debtor daysdays0below almost all
0
72252
Creditor daysdays8
8
101331
Stock daysdays1below almost all
1
4737

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.
  • 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 926 to 781A 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 4

  • Sales per employee better than three quarters of your tradeYours is 49,338 against 41,572 for the middle of 116 comparable companies.
  • Debtor days better than three quarters of your tradeYours is 0 against 22 for the middle of 58 comparable companies.
  • Stock days better than three quarters of your tradeYours is 1 against 7 for the middle of 63 comparable companies.
  • A board that has been together ten years or moreContinuity a buyer does not have to take on trust.

What the register says

Owners

  • 60since 2016

Directors

  • 60since 2012
  • 63since 2012
Accounts on public record
Year toTurnoverStaffCash
2023-12-31£39M781£2.4M
2022-12-31£41M926£1.5M
2021-12-31£37M872£2.0M

A rough bracket, and why it is only that

0.4–0.9× sales
£15M
£35M

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.