What a buyer sees
JOHN ADAMS LEISURE LIMITED
Non-specialised wholesale trade · Huntingdon · 01761275
46staff · FY2023
43years trading
78oldest owner on file
£333kcash at bank
Your turnover is on public record
filed£17Mfor 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
Staff46
202142 → 462023
Cash at bank£333k
2021£516k → £333k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£379,383in the middle half
£165,955£424,674£1,097,429
Debtor daysdays178above almost all
225791
Creditor daysdays5
92661
Stock daysdays131in the top quarter
2262151
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 178 against 57 for the middle of 200 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 131 against 62 for the middle of 208 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
- 43 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 41 to 46Growth 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
- 59since 2016
- 78since 2016
- 73since 2016
- 62since 2016
Directors
- 59since 2008
- 73since 2009
- 78since 2009
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £17M | 46 | £333k |
| 2022-12-31 | £17M | 41 | £748k |
| 2021-12-31 | £24M | 42 | £516k |
A rough bracket, and why it is only that
0.35–0.55× sales£6.1M£9.6M
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.