What a buyer sees
J.L. PRIESTLEY & CO. LIMITED
Other processing and preserving of fruit and vegetables · Sleaford · 01176188
21staff · FY2023
52years trading
—oldest owner on file
£2kcash at bank
Your turnover is on public record
filed£22Mfor 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
Staff21
202117 → 212023
Cash at bank£2k
2021£623k → £2k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£1,027,205in the top quarter
£97,107£248,496£1,064,164
Debtor daysdays58in the middle half
375180
Creditor daysdays43
163352
Stock daysdays58in the middle half
832118
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 2
- 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.
- 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
- 52 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 19 to 21Growth a buyer can verify without asking you for anything.
- Sales per employee better than three quarters of your tradeYours is 1,027,205 against 248,496 for the middle of 30 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 44since 2022
- 54since 2023
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £22M | 21 | £2k |
| 2022-12-31 | £19M | 19 | £62k |
| 2021-12-31 | £15M | 17 | £623k |
A rough bracket, and why it is only that
0.4–0.9× sales£8.6M£19M
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.