What a buyer sees
TPS SCOTLAND LIMITED
Other food services · Glasgow · SC355514
6staff · FY2024
17years trading
61oldest owner on file
£23kcash at bank
Your turnover is on public record
filed£1.5Mfor 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
Staff6
20229 → 62024
Cash at bank£23k
2022£58k → £23k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£243,433above almost all
£9,286£29,300£243,433
Debtor daysdays45in the middle half
940143
Creditor daysdays56
92681
Stock daysdays18in the middle half
82087
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 3
- The newest accounts on file are 30 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
- 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 1
- Sales per employee better than three quarters of your tradeYours is 243,433 against 29,300 for the middle of 61 comparable companies.
What the register says
Owners
- 61since 2016
Directors
- since 2009
- 52since 2020
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-02-29 | £1.5M | 6 | £23k |
| 2023-02-28 | £1.6M | 6 | £55k |
| 2022-02-28 | £1.6M | 9 | £58k |
A rough bracket, and why it is only that
0.4–0.9× sales£580k£1.3M
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.