What a buyer sees
CTC (WHOLESALERS) LIMITED
Non-specialised wholesale trade · Exeter · 01727265
53staff · FY2023
43years trading
—oldest owner on file
£557kcash at bank
Your turnover is on public record
filed£20Mfor 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
Staff53
202149 → 532023
Cash at bank£557k
2021£258k → £557k2023
How you sit in your trade
slowest tenth typical fastest tenth youSales per employee£370,887in the top quarter
£121,758£262,690£455,471
Debtor daysdays28in the bottom quarter
195078
Creditor daysdays25
113257
Stock daysdays33in the bottom quarter
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 2
- The newest accounts on file are 34 months oldAnyone looking at the company today is reading a year that has already ended. Whatever has improved since is invisible.
- 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 4
- 43 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 370,887 against 262,690 for the middle of 130 comparable companies.
- Debtor days better than three quarters of your tradeYours is 28 against 50 for the middle of 118 comparable companies.
- Stock days better than three quarters of your tradeYours is 32 against 52 for the middle of 124 comparable companies.
What the register says
Owners
Nobody recorded with significant control.
Directors
- 44since 2018
- 62since 2018
- 69
| Year to | Turnover | Staff | Cash |
|---|---|---|---|
| 2023-10-31 | £20M | 53 | £557k |
| 2022-10-31 | £17M | 51 | £130k |
| 2021-10-31 | not filed | 49 | £258k |
A rough bracket, and why it is only that
0.35–0.55× sales£6.9M£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.