What a buyer sees
CRAIG & DERRICOTT LIMITED
Manufacture of electricity distribution and control apparatus · Walsall · 00388918
82staff · FY2024
82years trading
—oldest owner on file
£574kcash at bank
Your turnover is on public record
filed£12Mfor 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
Staff82
202284 → 822024
Cash at bank£574k
2022£176k → £574k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£150,176in the middle half
£88,871£162,513£362,127
Debtor daysdays77in the top quarter
265687
Creditor daysdays31
143363
Stock daysdays78in the top quarter
1245115
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 77 against 56 for the middle of 2,030 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 78 against 45 for the middle of 2,028 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
- 82 years of trading on fileLongevity is the cheapest evidence there is that the business is not one contract.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 67since 2008
- 66since 2019
- 44since 2022
- 50since 2026
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £12M | 82 | £574k |
| 2023-03-31 | £9.5M | 85 | £314k |
| 2022-03-31 | £8.8M | 84 | £176k |
A rough bracket, and why it is only that
0.4–0.9× sales£4.9M£11M
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.