What a buyer sees
DAVIES CRANE HIRE LIMITED
Renting and leasing of construction and civil engineering machinery and equipment · Carmarthen · 02214779
85staff · FY2024
38years trading
—oldest owner on file
£492kcash at bank
Your turnover is on public record
filed£13Mfor 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
Staff85
202262 → 852024
Cash at bank£492k
2022£1.2M → £492k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£158,780in the middle half
£115,778£166,099£408,981
Debtor daysdays84in the top quarter
346698
Creditor daysdays6
132973
Stock daysdays1below almost all
62077
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 29 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.
- Debtor days run high for your tradeYours is 84 against 66 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
- 38 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 74 to 85Growth a buyer can verify without asking you for anything.
- Stock days better than three quarters of your tradeYours is 1 against 20 for the middle of 194 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 37since 2018
- 71
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £13M | 85 | £492k |
| 2023-03-31 | £10M | 74 | £2.4M |
| 2022-03-31 | £8.5M | 62 | £1.2M |
A rough bracket, and why it is only that
0.4–0.9× sales£5.4M£12M
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.