What a buyer sees
BEVERLEY RACE COMPANY LIMITED(THE)
Operation of sports facilities · Beverley · 00078277
31staff · FY2023
123years trading
—oldest owner on file
£2.7Mcash at bank
Your turnover is on public record
filed£2.5Mfor 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
Staff31
202138 → 312023
Cash at bank£2.7M
2021£3.5M → £2.7M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£80,355above almost all
£14,575£35,733£76,673
Debtor daysdays87in the top quarter
82489
Creditor daysdays7
92583
Stock daysdaysnot on your filings
51129
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.
- Debtor days run high for your tradeYours is 87 against 24 for the middle of 56 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 2
- 123 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Sales per employee better than three quarters of your tradeYours is 80,355 against 35,733 for the middle of 101 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 74since 1999
- since 2002
- 65since 2014
- 72since 2019
- 69since 2021
- 81
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £2.5M | 31 | £2.7M |
| 2022-12-31 | £2.3M | 30 | £3.4M |
| 2021-12-31 | not filed | 38 | £3.5M |
A rough bracket, and why it is only that
0.4–0.9× sales£1.0M£2.2M
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.