What a buyer sees
OCEANIC SEAFOODS LIMITED
Processing and preserving of fish, crustaceans and molluscs · Lancaster · 06996833
8staff · FY2024
17years trading
50oldest owner on file
£677kcash at bank
Your turnover is on public record
filed£44Mfor 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
Staff8
20238 → 82024
Cash at bank£677k
2023£1.4M → £677k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£5,514,788above almost all
£19,570£79,800£652,860
Debtor daysdays16in the bottom quarter
1552127
Creditor daysdays9
1033119
Stock daysdays4below almost all
944216
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 3
- Sales per employee better than three quarters of your tradeYours is 5,514,788 against 79,800 for the middle of 697 comparable companies.
- Debtor days better than three quarters of your tradeYours is 16 against 52 for the middle of 557 comparable companies.
- Stock days better than three quarters of your tradeYours is 4 against 44 for the middle of 533 comparable companies.
What the register says
Owners
- 50since 2016
Directors
- 50since 2011
- 58since 2026
- 40since 2026
- 43since 2026
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-02-29 | £44M | 8 | £677k |
| 2023-02-28 | £52M | 8 | £1.4M |
A rough bracket, and why it is only that
0.4–0.9× sales£18M£40M
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.