What a buyer sees
CUSTOM GLASS LIMITED
Manufacture of flat glass · Kirkby · 03759518
132staff · FY2023
27years trading
—oldest owner on file
£6.0Mcash at bank
Your turnover is on public record
filed£15Mfor 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
Staff132
2021113 → 1322023
Cash at bank£6.0M
2021£2.4M → £6.0M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£116,945in the bottom quarter
£88,871£162,513£362,127
Debtor daysdays73in the top quarter
265687
Creditor daysdays17
143363
Stock daysdays13in the bottom quarter
1245115
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 36 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- Debtor days run high for your tradeYours is 73 against 56 for the middle of 2,030 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 2
- 27 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Stock days better than three quarters of your tradeYours is 13 against 45 for the middle of 2,028 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 64since 2005
- 59since 2024
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-08-31 | £15M | 132 | £6.0M |
| 2022-08-31 | £13M | 127 | £4.9M |
| 2021-08-31 | £11M | 113 | £2.4M |
A rough bracket, and why it is only that
0.4–0.9× sales£6.2M£14M
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.