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What a buyer sees

TETROSYL LIMITED

Manufacture of cleaning and polishing preparations · Rochdale · 00537855

438staff · FY2024
72years trading
oldest owner on file
£4.0Mcash at bank

Your turnover is on public record

filed
£96Mfor the year to 2024

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

Staff438
20234674382024
Cash at bank£4.0M
2023£298k£4.0M2024

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£219,628in the top quarter
£219,628
£79,504£145,354£269,861
Debtor daysdays85above almost all
85
234984
Creditor daysdays65
65
133264
Stock daysdays95in the top quarter
95
940100

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 29 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
  • A director resigned in the past yearA buyer will ask why, and will hear the answer from somewhere. Better from you.
  • Debtor days run high for your tradeYours is 85 against 49 for the middle of 206 comparable companies. That gap is working capital a buyer has to fund on day one, and it comes off the price.
  • Stock days run high for your tradeYours is 95 against 40 for the middle of 212 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

  • 72 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
  • Sales per employee better than three quarters of your tradeYours is 219,628 against 145,354 for the middle of 196 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 53since 2021
  • 65
Accounts on public record
Year toTurnoverStaffCash
2024-03-31£96M438£4.0M
2023-03-31£98M467£298k

A rough bracket, and why it is only that

0.40.9× sales
£38M
£87M

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.

Prepared by Qapital from public records, against 105,750 companies that did publish a turnover. No figure here was supplied by the company and none of it is advice. What it is missing is everything that actually sets a price: profitability, contracts, customer concentration, and whoever would run it next.

Tell us the rest

Your turnover is on file, but the things that set a price are not: margin, customer concentration, who would run it next. Tell us where you are and we will read it properly.

Goes to one inbox. No list, no sequence, and we will not pass it on. We buy companies as well as advise on them, so if yours is one we would be interested in, we will tell you that before anything else happens.