What a buyer sees
SKINNERS SHEDS LIMITED
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials · East Sussex · 03709428
128staff · FY2023
27years trading
61oldest owner on file
£1.7Mcash at bank
Your turnover is on public record
filed£12Mfor 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
Staff128
2021143 → 1282023
Cash at bank£1.7M
2021£2.6M → £1.7M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£94,283in the bottom quarter
£88,871£162,513£362,127
Debtor daysdays0below almost all
265687
Creditor daysdays5
143363
Stock daysdays74in the middle half
1245115
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 36 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 152 to 128A 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 3
- 27 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Debtor days better than three quarters of your tradeYours is 0 against 56 for the middle of 2,030 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
- 61since 2016
Directors
- since 1999
- 61since 1999
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-08-31 | £12M | 128 | £1.7M |
| 2022-08-31 | £16M | 152 | £1.4M |
| 2021-08-31 | £15M | 143 | £2.6M |
A rough bracket, and why it is only that
0.4–0.9× sales£4.8M£11M
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.