What a buyer sees
BLACKWATER PLASTICS LIMITED
Manufacture of other plastic products · Leigh-On-Sea · 02932736
3staff · FY2023
32years trading
69oldest owner on file
£22kcash at bank
Your turnover is on public record
filed£68kfor 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
Staff3
20213 → 32023
Cash at bank£22k
2021£48k → £22k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£22,600below almost all
£73,870£147,705£384,440
Debtor daysdays11below almost all
295683
Creditor daysdays3
133155
Stock daysdays6below almost all
163977
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 39 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- The register shows an owner past retirement age and little elseWithout directors on file, a buyer cannot tell who actually runs the business day to day.
- 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
- 32 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Debtor days better than three quarters of your tradeYours is 11 against 56 for the middle of 150 comparable companies.
- Stock days better than three quarters of your tradeYours is 6 against 39 for the middle of 147 comparable companies.
What the register says
Owners
- 64since 2016
- 69since 2016
Directors
No current directors loaded.
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-05-31 | £68k | 3 | £22k |
| 2022-05-31 | £78k | 3 | £49k |
| 2021-05-31 | £135k | 3 | £48k |
A rough bracket, and why it is only that
0.4–0.9× sales£30k£60k
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.