What a buyer sees
JOEDAN MANUFACTURING (U.K.) LIMITED
Manufacture of doors and windows of metal · Tewkesbury · 01923313
178staff · FY2023
41years trading
—oldest owner on file
£689kcash at bank
Your turnover is on public record
filed£13Mfor 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
Staff178
2021131 → 1782023
Cash at bank£689k
2021£665k → £689k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£70,619below almost all
£88,871£162,513£362,127
Debtor daysdays35in the bottom quarter
265687
Creditor daysdays37
143363
Stock daysdays26in the middle half
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 32 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- Everyone on the board is over 60There is no one on the register a buyer can see taking the business on. That is a discount if it stays that way and a negotiating point if it changes.
- 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 4
- 41 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 114 to 178Growth a buyer can verify without asking you for anything.
- Debtor days better than three quarters of your tradeYours is 35 against 56 for the middle of 2,030 comparable companies.
- A board that has been together ten years or moreContinuity a buyer does not have to take on trust.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 68since 1993
- since 2011
- 71
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £13M | 178 | £689k |
| 2022-12-31 | £15M | 114 | £891k |
| 2021-12-31 | £16M | 131 | £665k |
A rough bracket, and why it is only that
0.4–0.9× sales£5.0M£11M
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.