What a buyer sees
BEST QUALITY WATCHES LIMITED
Retail sale of watches and jewellery in specialised stores · Radlett · 07067258
24staff · FY2023
17years trading
59oldest owner on file
£1.4Mcash at bank
Your turnover is on public record
filed£20Mfor 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
Staff24
202221 → 242023
Cash at bank£1.4M
2022£543k → £1.4M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£827,988in the top quarter
£38,046£174,142£867,425
Debtor daysdays10below almost all
154790
Creditor daysdays5
102974
Stock daysdays140in the middle half
36140257
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 38 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 3
- Headcount grew from 21 to 24Growth a buyer can verify without asking you for anything.
- Sales per employee better than three quarters of your tradeYours is 827,988 against 174,142 for the middle of 36 comparable companies.
- Debtor days better than three quarters of your tradeYours is 10 against 47 for the middle of 1,452 comparable companies.
What the register says
Owners
- 59since 2016
Directors
No current directors loaded.
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-06-30 | £20M | 24 | £1.4M |
| 2022-06-30 | £29M | 21 | £543k |
A rough bracket, and why it is only that
0.25–0.5× sales£5.0M£9.9M
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.