What a buyer sees
SIMON HOWIE BUTCHERS LIMITED
Wholesale of meat and meat products · Dunning · SC248591
118staff · FY2023
23years trading
—oldest owner on file
£4.2Mcash at bank
Your turnover is on public record
filed£29Mfor 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
Staff118
2021112 → 1182023
Cash at bank£4.2M
2021£2.0M → £4.2M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£249,201in the middle half
£148,084£403,300£2,088,295
Debtor daysdays47in the middle half
183460
Creditor daysdays35
112857
Stock daysdays25in the middle half
61663
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 1
- 23 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 59since 2003
- 62since 2005
- 65since 2016
- 44since 2016
- since 2016
- 46since 2017
- 34since 2021
- 50since 2023
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £29M | 118 | £4.2M |
| 2022-12-31 | £24M | 114 | £4.0M |
| 2021-12-31 | £22M | 112 | £2.0M |
A rough bracket, and why it is only that
0.35–0.55× sales£10M£16M
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.