What a buyer sees
MIDLAND BUILDING PRODUCTS LIMITED
Manufacture of other builders' carpentry and joinery · Brickhouse Lane West Bromwich · 02565308
145staff · FY2023
36years trading
56oldest owner on file
£2.9Mcash at bank
Your turnover is on public record
filed£26Mfor 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
Staff145
2021121 → 1452023
Cash at bank£2.9M
2021£2.3M → £2.9M2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£177,139in the middle half
£50,783£139,179£334,949
Debtor daysdays73in the top quarter
265687
Creditor daysdays46
163057
Stock daysdays23in the middle half
112954
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 41 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
- 36 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
- Headcount grew from 131 to 145Growth a buyer can verify without asking you for anything.
What the register says
Owners
- 30since 2023
- 56since 2023
Directors
- since 2019
- 60since 2021
- 30since 2023
- 40since 2023
- 38since 2023
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-03-31 | £26M | 145 | £2.9M |
| 2022-03-31 | £22M | 131 | £3.0M |
| 2021-03-31 | £17M | 121 | £2.3M |
A rough bracket, and why it is only that
0.4–0.9× sales£10M£23M
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.