What a buyer sees
DOYLE MACHINERY LIMITED
Wholesale of other machinery and equipment · Windsor · 09255468
18staff · FY2023
12years trading
61oldest owner on file
£694kcash at bank
Your turnover is on public record
filed£17Mfor 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
Staff18
202121 → 182023
Cash at bank£694k
2021£1.8M → £694k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£923,350above almost all
£113,986£253,764£722,745
Debtor daysdays24below almost all
3062109
Creditor daysdays34
103775
Stock daysdays134in the top quarter
2062141
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 5
- 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.
- One director on the registerA buyer's first question about a company run by one person is what happens to it if that person stops. It is usually the first thing priced.
- 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.
- Stock days run high for your tradeYours is 134 against 62 for the middle of 74 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
- Sales per employee better than three quarters of your tradeYours is 923,350 against 253,764 for the middle of 78 comparable companies.
- Debtor days better than three quarters of your tradeYours is 24 against 62 for the middle of 81 comparable companies.
What the register says
Owners
- 61since 2016
Directors
- 61since 2014
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £17M | 18 | £694k |
| 2022-12-31 | £13M | 18 | £453k |
| 2021-12-31 | not filed | 21 | £1.8M |
A rough bracket, and why it is only that
0.35–0.55× sales£5.8M£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.