What a buyer sees
PASSENGER CLOTHING LTD
Retail sale of clothing in specialised stores · New Milton · 08236973
41staff · FY2022
14years trading
—oldest owner on file
£1.4Mcash at bank
Your turnover is on public record
filed£18Mfor the year to 2022
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
Staff41
202121 → 412022
Cash at bank£1.4M
2021£672k → £1.4M2022
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£444,695above almost all
£29,088£117,250£383,903
Debtor daysdays16in the middle half
819116
Creditor daysdays35
1029107
Stock daysdays162in the top quarter
1853200
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 44 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- Stock days run high for your tradeYours is 162 against 53 for the middle of 112 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
- Headcount grew from 21 to 41Growth a buyer can verify without asking you for anything.
- Sales per employee better than three quarters of your tradeYours is 444,695 against 117,250 for the middle of 105 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 44since 2012
- 45since 2019
- 56since 2020
- 53since 2023
- since 2023
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2022-12-31 | £18M | 41 | £1.4M |
| 2021-12-31 | not filed | 21 | £672k |
A rough bracket, and why it is only that
0.25–0.5× sales£4.6M£9.1M
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.