What a buyer sees
R.M.CURTIS & CO.,LIMITED
Non-specialised wholesale trade · 00252966
108staff · FY2023
96years trading
63oldest owner on file
£554kcash at bank
Your turnover is on public record
filed£50Mfor 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
Staff108
202195 → 1082023
Cash at bank£554k
2021£1.0M → £554k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£460,373above almost all
£121,758£262,690£455,471
Debtor daysdays70in the top quarter
195078
Creditor daysdays42
113257
Stock daysdays37in the middle half
2052120
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.
- 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 70 against 50 for the middle of 118 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
- 96 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 460,373 against 262,690 for the middle of 130 comparable companies.
What the register says
Owners
- 63since 2016
Directors
- 63since 1994
- 61since 2022
- 46since 2024
- 54since 2024
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-12-31 | £50M | 108 | £554k |
| 2022-12-31 | £55M | 108 | £483k |
| 2021-12-31 | £50M | 95 | £1.0M |
A rough bracket, and why it is only that
0.35–0.55× sales£17M£27M
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.