What a buyer sees
PIGGY HOUSE LTD
Sale of used cars and light motor vehicles · Newcastle · 12171366
5staff · FY2023
7years trading
43oldest owner on file
£32kcash at bank
Your turnover is on public record
filed£248kfor 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
Staff5
20214 → 52023
Cash at bank£32k
2021£95k → £32k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£49,560in the bottom quarter
£20,851£143,100£1,531,640
Debtor daysdaysnot on your filings
72180
Creditor daysdays3
71393
Stock daysdays2below almost all
2165265
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 36 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 2
- Headcount grew from 4 to 5Growth a buyer can verify without asking you for anything.
- Stock days better than three quarters of your tradeYours is 2 against 65 for the middle of 99 comparable companies.
What the register says
Owners
- 43since 2019
Directors
No current directors loaded.
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-08-31 | £248k | 5 | £32k |
| 2022-08-31 | £337k | 4 | £105k |
| 2021-08-31 | £292k | 4 | £95k |
A rough bracket, and why it is only that
0.4–0.9× sales£100k£220k
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.