What a buyer sees
NATCO FOODS LIMITED
Non-specialised wholesale of food, beverages and tobacco · Buckingham · 00782674
181staff · FY2023
63years trading
—oldest owner on file
£2.1Mcash at bank
Your turnover is on public record
filed£83Mfor 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
Staff181
2021161 → 1812023
Cash at bank£2.1M
2021£1.7M → £2.1M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£458,522in the middle half
£189,359£312,447£835,359
Debtor daysdays45in the top quarter
92346
Creditor daysdays29
143042
Stock daysdays69above almost all
172969
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.
- Debtor days run high for your tradeYours is 45 against 23 for the middle of 30 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 69 against 29 for the middle of 31 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
- 63 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 158 to 181Growth a buyer can verify without asking you for anything.
- A board that has been together ten years or moreContinuity a buyer does not have to take on trust.
What the register says
Owners
Nobody recorded with significant control.
Directors
- since 2003
- 43since 2013
- 72
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £83M | 181 | £2.1M |
| 2022-12-31 | £68M | 158 | £1.9M |
| 2021-12-31 | £58M | 161 | £1.7M |
A rough bracket, and why it is only that
0.35–0.55× sales£29M£46M
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.