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What a buyer sees

NORTECH FOODS LIMITED

Manufacture of oils and fats · Doncaster · 01685437

48staff · FY2023
44years trading
oldest owner on file
£0kcash at bank

Your turnover is on public record

filed
£26Mfor 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

Staff48
202144482023
Cash at bank£0k
2021£30k£0k2023

How you sit in your trade

slowest tenth typical fastest tenth you
Sales per employee£542,073in the top quarter
£542,073
£75,818£268,200£906,093
Debtor daysdays13below almost all
13
225592
Creditor daysdays34
34
113064
Stock daysdays36in the middle half
36
1049126

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 3

  • 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.
  • 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 3

  • 44 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 542,073 against 268,200 for the middle of 1,029 comparable companies.
  • Debtor days better than three quarters of your tradeYours is 13 against 55 for the middle of 905 comparable companies.

What the register says

Owners

Nobody recorded with significant control.

Directors

  • 54since 2024
  • 40since 2025
  • 47since 2026
  • 53since 2026
Accounts on public record
Year toTurnoverStaffCash
2023-12-31£26M48£0k
2022-12-31£27M45£32k
2021-12-31£18M44£30k

A rough bracket, and why it is only that

0.40.9× sales
£10M
£23M

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.