What a buyer sees
9 CUISINES LIMITED
Manufacture of prepared meals and dishes · London · 13064769
168staff · FY2024
6years trading
66oldest owner on file
£639kcash at bank
Your turnover is on public record
filed£16Mfor 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
Staff168
202286 → 1682024
Cash at bank£639k
2022£48k → £639k2024
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£92,910in the bottom quarter
£88,871£162,513£362,127
Debtor daysdays4below almost all
265687
Creditor daysdays12
143363
Stock daysdays9below almost all
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 4
- 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.
- One director on the registerA buyer's first question about a company run by one person is what happens to it if that person stops. It is usually the first thing priced.
- 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.
- 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
- Headcount grew from 146 to 168Growth a buyer can verify without asking you for anything.
- Debtor days better than three quarters of your tradeYours is 4 against 56 for the middle of 2,030 comparable companies.
- Stock days better than three quarters of your tradeYours is 9 against 45 for the middle of 2,028 comparable companies.
What the register says
Owners
- 66since 2021
Directors
- 66since 2020
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2024-03-31 | £16M | 168 | £639k |
| 2023-03-31 | not filed | 146 | £2.8M |
| 2022-03-31 | £7.0M | 86 | £48k |
A rough bracket, and why it is only that
0.4–0.9× sales£6.2M£14M
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.