What a buyer sees
BRITISH PREMIUM MEATS LIMITED
Other business support service activities n.e.c. · London · 08715531
192staff · FY2023
13years trading
—oldest owner on file
£143kcash at bank
Your turnover is on public record
filed£37Mfor 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
Staff192
2021156 → 1922023
Cash at bank£143k
2021£521k → £143k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£195,019in the middle half
£45,518£151,784£486,559
Debtor daysdays91in the top quarter
1447102
Creditor daysdays28
92769
Stock daysdaysnot on your filings
62889
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 4
- 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.
- 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.
- Debtor days run high for your tradeYours is 91 against 47 for the middle of 279 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 1
- A board that has been together ten years or moreContinuity a buyer does not have to take on trust.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 66since 2013
- 68since 2013
- 60since 2013
- 64since 2013
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £37M | 192 | £143k |
| 2022-12-31 | £36M | 185 | £179k |
| 2021-12-31 | £19M | 156 | £521k |
A rough bracket, and why it is only that
0.4–0.9× sales£15M£34M
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.