What a buyer sees
MONIKA SPRUTH & PHILOMENE MAGERS LIMITED
Retail sale in commercial art galleries · London · 05858134
13staff · FY2023
20years trading
77oldest owner on file
£985kcash at bank
Your turnover is on public record
filed£18Mfor 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
Staff13
20219 → 132023
Cash at bank£985k
2021£708k → £985k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£1,357,869in the top quarter
£87,459£464,006£1,513,474
Debtor daysdays34in the middle half
154790
Creditor daysdays90
102974
Stock daysdays104in the top quarter
1150141
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.
- A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
- Stock days run high for your tradeYours is 104 against 50 for the middle of 1,657 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
- 20 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 9 to 13Growth a buyer can verify without asking you for anything.
- Sales per employee better than three quarters of your tradeYours is 1,357,869 against 464,006 for the middle of 1,880 comparable companies.
What the register says
Owners
- 61since 2017
- 77since 2017
Directors
- 61since 2006
- since 2006
- 53since 2010
- 64since 2025
- 50since 2025
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £18M | 13 | £985k |
| 2022-12-31 | £16M | 9 | £485k |
| 2021-12-31 | £12M | 9 | £708k |
A rough bracket, and why it is only that
0.25–0.5× sales£4.4M£8.8M
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.